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3 years ago

What is the significance of operation research in modern management?

Business

1 answer:

Alex17521 [72]3 years ago

4 0

Answer:

Operations research is an important method that is used by modern management for solving complex problems under uncertain conditions. Operation research is used in business where the managers need to take risk since there are very few things are certain.

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Import tariffs generally ________ the output of domestic producers of the affected products and also _________ the output of dom

Lady_Fox [76]

Answer:

increase , decrease

Explanation:

Import tariffs are amount levied on the imports of goods. tariffs makes imports more expensive and discourages import.

if an import tariff is in place for a particular good, the import of that good would reduce and this would increase domestic producers to produce more of the good to meet the demand of the good. so output of domestic producers would increase.

Because output is consumed domestically, exports would reduce.

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3 years ago

Judy Olsen, Kristy Johnston, and their mother, Joyce Johnston, owned seventy-eight acres of real estate property on Eagle Creek

Neporo4naja [7]

Yes , Judy and Kristy have an enforceable binding contract

Explanation:

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4 years ago

. A major distinction between temporary and permanent differences is a. permanent differences are not representative of acceptab

nadya68 [22]

Answer:

D Temporary differences reverse themselves in subsequent accounting periods, whereas permanent differences do not reverse.

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3 years ago

On December 1, Milton Company borrowed $350,000, at 6% annual interest, from the Tennessee National Bank. Interest is paid when

rusak2 [61]

Answer:

The the adjusting entry for accruing interest is:

Debit Interest expense $1,750

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Explanation:

On December 1, Milton Company borrowed $350,000, at 6% annual interest.

The interest amount Milton Company paid for 1 year = $350,000 x 6% = $21,000

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On December 31, following 1 month borrowing, Milton made adjusting entry for accruing interest:

Debit Interest expense $1,750

Credit Interest Payable $1,750

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3 years ago

While there are intense debates among macroeconomists regarding the effectiveness of expansionary fiscal policy during a severe

drek231 [11]

Answer:C

Explanation:

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3 years ago

What is the significance of operation research in modern management?​

What is the significance of operation research in modern management?