Managers in organizations typically have
A) single goals that can be optimized using linear and nonlinear programming.
B) a small number of goals that can be independently optimized using linear and nonlinear programming.
C) single goals that cannot be optimized using linear and nonlinear programming.
D) multiple goals that need to be simultaneously or jointly optimized.

Question

Quizplus · Accepted Answer

Managers in organizations typically have multiple goals, such as maximizing profit, increasing market share, and maintaining customer satisfaction. These goals are often interdependent and cannot be independently optimized using linear or nonlinear programming. Thus, managers need to simultaneously or jointly optimize multiple goals, which require more complex optimization methods such as multi-objective optimization.

Managers in Organizations Typically Have