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Which of the following does not represent a factor manager might consider when employing LP for production scheduling: a) labor capacity b) space limitations c) product demand d) risk assessment e) inventory costs

User Darethas
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Final answer:

Option (d), Risk assessment does not typically factor into the Linear Programming model for production scheduling, as LP focuses on maximizing or minimizing an objective function within certain resource constraints.

Step-by-step explanation:

The option that does not represent a factor a manager might consider when employing Linear Programming (LP) for production scheduling is d) risk assessment. In the context of production scheduling, Linear Programming is a mathematical technique used to maximize or minimize a linear objective function, subject to a set of linear inequality or equality constraints.

Factors typically considered in LP for production scheduling include a) labor capacity, b) space limitations, c) product demand, and e) inventory costs. These factors are directly related to the constraints of production resources and capacity. On the other hand, risk assessment generally involves evaluating the potential risks that might impact a project or operation, which is not directly a part of the resource constraints in LP models.

User Artem Andreev
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