The two fundamental approaches to constrained allocation problems are __________.
A)heuristic approaches and rules of thumb
B)linear programming approaches and optimization models
C)heuristic approaches and optimization models
D)goal programming and trial and error

Question

Quizplus · Accepted Answer

The two fundamental approaches to constrained allocation problems are heuristic approaches and optimization models. Heuristic approaches involve using rules of thumb, trial and error, and intuition to find a satisfactory solution, while optimization models use mathematical models to find the optimal solution. Linear programming approaches and goal programming are examples of optimization models. Therefore, option C is the correct answer as it includes both heuristic approaches and optimization models.

The Two Fundamental Approaches to Constrained Allocation Problems Are __________