Answer:
Explanation: The implementation of resource management policies can be achieved through the following: control theory, machine learning, utility-based, and market-oriented method.
1. Control theory:
Benefit- it can analyse linear and non linear systems, single or multiple systems.
Problem- It is complex and requires multiple computations
2. Machine learning Theory:
Benefit- It does not sole depend on extracting information and it gives room for improvements. It performs routine and non routine tasks
Problem- It requires a complex to understand and need trained professional to operate it.
3. Utility-based method:
Benefit - It gives urgency to tasks, it gives users better satisfaction.
Problem- the tasks needs to be carried out continuously
4. Market-oriented method:
Benefit - it gives room to know and understand the market, it leads to an increased organisational performance.
Problem- requires a professional.
The principal difference between public and privately held companies is that public companies have shares that can be publicly traded on a stock market. A privately held company might become a publicly held company by conducting an initial public offering, which is the offering of shares of the company to the public.
Answer:
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Answer:
b. just-in-time inventory management
Explanation:
Just in Time (JIT) inventory relates to an inventory control program with the goal of making inventory conveniently able to meet demand, just not to the extent of overload where you have to store extra items. JIT inventory has been used to better cut costs, open up storage space, and reduce error levels.
