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9. __________ is a process of allocating limited amount of resources to decision variables, in order to achieve the best outcomes for the objective variables.
9. __________ is a process of allocating limited amount of resources to decision variables, in order to achieve the best outcomes for the objective variables. A. Linear regression B. Monte Carlo simulation C. Optimization analysis D. Decision tree 10. In an optimization analysis, the ultimate goal analyst want to get the best outcomes for is called ____________ A. an objective variable B. a decision variable C. a constraint D. an objective function 11. In an optimization analysis, an influencing factor of an objective variable is called _____________. A. an objective variable B. a decision variable C. a common factor D. an objective function 12. In an optimization analysis, the factor that is facing limits is called _____________. A. an objective variable B. a decision variable C. a constraint D. an objective function Question 13 13. A company is testing how it can achieve the best profits for 2017 based on the constraints and an objective function. Which approach is the most appropriate one to study this relationship? A. Linear regression B. Monte Carlo simulation C. Optimization analysis D. Decision tree
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