An optimal solution is ________
A) also known as the constraint function
B) the quantity that we seek to minimize or maximize
C) the limitation or requirement that decision variables must satisfy
D) any set of decision variable values that maximizes or minimizes the objective function
D
Business
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Speedo Auto, an automobile manufacturer, plans to reduce manufacturing costs by shifting its manufacturing operations to low-cost locations. This strategy adopted by Speedo Auto is referred to as _____.
Fill in the blank(s) with the appropriate word(s).
Business
Purchase decision making usually begins with information search and then moves to evaluation of alternatives
Indicate whether the statement is true or false
Business