Answer:
The correct answer is A. tell how much or how many of something to produce, invest, purchase, hire, etc.
Explanation:
With the decision variables we represent the questions that we have and that motivate the formulation of the optimization problem. These questions must have a numerical answer, which implies a specific action and this action must be under our control.
Answer:
C. Cost leadership strategy
Explanation:
Cost leadership strategy involves creating a competitive advantage in an industry by having the lowest cost of production in that industry. It involves selling similar product as your competitors at lower prices because of lower cost of production. Efficiencies in production are increased to reduce cost of production below the industry average. In this case, Contour Autos by selling acceptable quality vehicles at lower price due to the company's large scale production which increases efficiency and reduces cost is practicing cost leadership strategy.
