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Question:
Widgets for Life is a company that offers the latest trendy lifestyle gadgets. As part of their annual planning process, two executives of the company are evaluating three projects aligned with their department objectives. They have decided to utilize benefit measurement methods to select the project. Which analysis tool will be employed?
A
Benefit-cost ratio.
explanation
Benefit-cost ratio analysis, scoring models, and benefit contribution methods are examples of benefit measurement methods. Linear, multi-objective programming, and nonlinear are all constrained optimization methods.
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