The mathematical technique for finding the best use of limited resources in an optimum manner is known as
A. Operation research
B. Linear programming
C. Network analysis
D. Break-even analysis
Answer: Option B
Solution(By Examveda Team)
Linear programming is a method to achieve the best outcome in a mathematical model whose requirements are represented by linear relationships.Linear programming is a special case of mathematical programming
Related Questions on Industrial Engineering and Production Management
The essential condition for the decompression of an activity is that
A. The project time should change due to decompression
B. After decompression the time of an activity invariably exceeds its normal time
C. An activity could be decompressed to the maximum extent of its normal time
D. None of the above
A. CAM < DAM
B. CAM > DAM
C. CAM = DAM
D. There is no such criterion
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