Its goal is to find that minimum cost assignment schedule:
A)Forecast modeling
B)WIP reduction
C)Linear regression for aggregate planning
D)Linear programming for aggregate planning

Question

Quizplus · Accepted Answer

Linear programming is a mathematical optimization technique that is used to determine the best possible solution to a problem, given a set of constraints. In the context of aggregate planning, linear programming can be used to minimize the cost of production while meeting demand requirements. It is an effective tool for finding the minimum cost assignment schedule. Forecast modeling is used to predict future demand, WIP reduction is a strategy for minimizing work in progress inventory, and linear regression is a statistical technique used for forecasting or predicting future values. While these may be useful tools in aggregate planning, they are not directly related to the goal of finding the minimum cost assignment schedule.

Its Goal Is to Find That Minimum Cost Assignment Schedule