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Quantitative techniques are very useful in making decisions under conditions of varying

Quantitative techniques are very useful in making decisions under conditions of varying

Quantitative techniques are very useful in making decisions under conditions of varying degrees of uncertainty. Torque Engineering Co. Ltd. faces the problem of allocating resources to its newly set up hydraulic pumps division. Which of the following decisionmaking techniques can help solve the problem?

[A] Linear programming 

[B] Decision tree

[C] Simulation

 [D] Waiting-line method 

Liam Smith 27-Nov-2017

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