Answer:
False.
Explanation:
We have been given a statement. We are asked to determine whether the given statement is true or false.
Statement: A company seeks to maximize profit subject to limited availability of man-hours. Man-hours is a controllable input.
Since availability of man' hours is already limited, so one cannot control it.
As company wants to maximize profit, which is subject to limited availability of man-hours. Therefore, man-hours are not controllable and given statement is false.