When resources are constrained, managers are most likely to use which of the following methods to develop decision making information:
A) Simple or multiple regression
B) Standard costs
C) Linear programming
D) High-low method

Question

Quizplus · Accepted Answer

Linear programming is specifically designed to help in decision-making in situations where resources are constrained. It is a mathematical method used to find the best possible outcome or solution from a given set of parameters or list of requirements, which are represented as linear relationships. This makes it an ideal tool for optimizing resource allocation, production schedules, and other managerial decisions under constraints.

When Resources Are Constrained, Managers Are Most Likely to Use