1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sauron [17]
3 years ago
12

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.

hope it helps!!

please mark as the brainliest!!

You might be interested in
4. Select the FALSE statement below: A. A partnership approach to planning for mass casualty incidents helps to ensure that the
Goshia [24]

Answer: D. When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization.

Explanation:

Mass casualty incident refers to a situation in which medical services are overwhelmed by the number of casualties.

From the options given, the false statement is that "When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization".

This is incorrect. In a mass casualty, a separate plan cannot be developed for an organization. All the casualties are entitled to same plan.

6 0
3 years ago
The Fashion Shoe Company operates a chain of women’s shoe shops that carry many styles of shoes that are all sold at the same pr
Stella [2.4K]

Shop 48's new break-even point in unit sales is 14,000 units and dollar sales is $420,000.

<h3>Break even point in units and sales</h3>

Break even point in units sales

Break even point= Fixed cost /Contribution per units

Break even point=$210,000/ ($30-15)

Break even point=$210,000/ $15

Break even point=14,000 units

Break even point in dollar sales:

Break even point in dollar sales =14,000 ×$30

Break even point in dollar sales=$420,000

Therefore Shop 48's new break-even point in unit sales is 14,000 units and dollar sales is $420,000.

Learn more about break even point in units and sales here:brainly.com/question/15281855

#SPJ1

5 0
1 year ago
Residents of poor countries tend to have fewer automobiles per capita because Group of answer choices lower per capita real gros
Fantom [35]

Answer:

lower per capita real gross domestic product (GDP) growth rates allow for less spending on automobiles.

Explanation:

Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

Generally, the Gross Domestic Products (GDP) of a country's economy gives an insight to the social well-being of the country, such as;

Adjusting the Real gross domestic product (Real GDP) for price level changes by using a price index. This simply means, Real GDP is adjusted for inflation to measure the value of goods and services produced by a country in a specific period of time.

Mathematically, {Real GDP}=\frac{\text{Nominal GDP}}{\text{GDP deflator}}

Hence, residents of poor countries tend to have fewer automobiles per capita because lower per capita real gross domestic product (GDP) growth rates allow for less spending on automobiles.

4 0
2 years ago
Where are goods and services sold to consumers?
Luba_88 [7]

Answer:

commodity are the goods and services sold to consumers

8 0
3 years ago
A company produces very unusual CD's for which the variable cost is $ 17 per CD and the fixed costs are $ 30000. They will sell
Alika [10]

Answer:

Explanation:

Let we assume the number of CD produced be X

So, the total cost would be

C = Fixed cost + variable cost × number of CD produced

   = $30,000 + $17X

For total revenue, it would b

R = $63X

For total profit, it would be

P = Selling cost per CD  × number of CD produced - variable cost per CD × number of CD produced - fixed cost

= $63X - $17X - $30,000

= $46X - $30,000

For number of CD, it would be

0 = $46X - $30,000

X = $30,000 ÷ $46

   = 652 CD for break-even

4 0
3 years ago
Other questions:
  • Identify three economic activities that are replacing shifting cultivation
    10·1 answer
  • In 2014 Electric Autos had sales of $135 million and assets at the start of the year of $220 million. If its return on start-of-
    15·1 answer
  • An agent of a broker-dealer "A" has been terminated and is associating with broker-dealer "B." The terminated agent agrees to tu
    6·1 answer
  • When the Fed sells securities, the total funds of commercial banks ____ by the market value of the securities sold by the Fed. T
    10·1 answer
  • When interest rates in a given economy are reduced, it causes firms to employ __________ capital goods. In terms of the producti
    11·1 answer
  • Variable and absorption costing and breakeven points. Camino, a leading firm in the sports industry, produces basketballs for th
    11·1 answer
  • (Tco 1) socially adept managers will have a knack for _____.
    11·1 answer
  • The threat of lawsuits has caused some drug companies not to manufacture certain types of vaccines. What type of risk management
    9·1 answer
  • On January 1, 2018, Tiffany Academy instituted a defined benefit pension plan for its employees. The annual service cost for eac
    14·1 answer
  • Plz help!!! ill mark brainliest hurryyyy
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!