What occurs when there when there are limited resources but unlimited wants and needs?

What occurs when there when there are limited resources but unlimited wants and needs?
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Consider a system with seven processes A through G and six resources R through W. Resource ownership is as follows: process A holds R and wants T process B holds nothing but wants T process C holds nothing but wants S process D holds U and wants S & T process E holds T and wants V process F holds W and wants S process G holds V and wants U Is the system deadlocked ? If yes, ............. processes are deadlocked. (A) No (B) Yes, A, B, C (C) Yes, D, E, G (D) Yes, A, B, F

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According to the PMBOK guide which of the following sta. Reserve analysis always plans contingency reserves for unexpected project scope and project costs, which are part of your project budget. b. Reserves should not be included in the project budget. c. If you only have limited resources, you may completely ignore reserve analysis when you try to determine your project budget. d. Planning contingency reserves for a project is not practical. e. Contingency reserves have never been a concern when planning a project budget.atements is right in terms of using reserve analysis to determine a project budget ?

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Last Answer : . Reserve analysis always plans contingency reserves for unexpected project scope and  project costs, which are part of your project budget.

According to the PMBOK guide, which of the following statements is right in terms of using reserve analysis to determine a project budget? Select one: A. Reserve analysis always plans contingency reserves for unexpected project scope and project costs, which are part of your project budget. B. Reserves should not be included in the project budget. C. If you only have limited resources, you may completely ignore reserve analysis when you try to determine your project budget. D. Planning contingency reserves for a project is not practical. E. Contingency reserves have never been a concern when planning a project budget.

Description : According to the PMBOK guide, which of the following statements is  right in terms of using reserve analysis to determine a project budget? Select one: A. Reserve analysis always plans ... not practical. E. Contingency reserves have never been a concern when planning a project budget.

Last Answer : A. Reserve analysis always plans contingency reserves for unexpected project scope and  project costs, which are part of your project budget.

A firm with limited resources can compete with much larger organization by : 1. concentrating its efforts on a single segment 2. using a multi-segment targeting strategy 3. using a geographical segmentation variable 4. using multivaluable segmentation 5. concentrating its efforts on the total population

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Which of the following is a disadvantage of A/B testing? A. It is limited to groups that have lots of resources to get started B. It is limited to simple changes C. It requires lots of prep time to get started D. It requires much more traffic to get results than multivariate testing

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53. While plotting constraints on a graph paper, terminal points on both the axes are connected by straight line because a. The resources are limited in supply b. The objective function as a linear function c. The constraints are linear equations or inequalities d. All of the above

Description : 53. While plotting constraints on a graph paper, terminal points on both the axes are connected by straight line because a. The resources are limited in supply b. The objective function as a linear function c. The constraints are linear equations or inequalities d. All of the above

Last Answer : c. The constraints are linear equations or inequalities

37. Which of the following is not a characteristics of the LP a. Resources must be limited b. Only one objective function c. Parameters value remains constant during the planning period d. The problem must be of minimization type

Description : 37. Which of the following is not a characteristics of the LP a. Resources must be limited b. Only one objective function c. Parameters value remains constant during the planning period d. The problem must be of minimization type

Last Answer : d. The problem must be of minimization type

35. Which of the following is not a characteristic of the L P model a. Alternative courses of actions b. An objective function of maximization type c. Limited amount of resources d. Non-negativity condition on the value of decision variable

Description : 35. Which of the following is not a characteristic of the L P model a. Alternative courses of actions b. An objective function of maximization type c. Limited amount of resources d. Non-negativity condition on the value of decision variable

Last Answer : b. An objective function of maximization type

2. Non-Negativity condition is an important component of L P model because a. Variables value should remain under the control of the decision-maker b. Value of variables make sense & correspond to real-world problemsc. Variables are interrelated in terms of limited resources d. None of the above

Description : 2. Non-Negativity condition is an important component of L P model because a. Variables value should remain under the control of the decision-maker b. Value of variables make sense & correspond to real-world problems c. Variables are interrelated in terms of limited resources d. None of the above

Last Answer : b. Value of variables make sense & correspond to real-world problems

28. Linear programming is a a. Constrained optimization technique b. Technique for economic allocation of limited resources c. Mathematical technique d. All of the above

Description : 28. Linear programming is a a. Constrained optimization technique b. Technique for economic allocation of limited resources c. Mathematical technique d. All of the above

Last Answer : b. Technique for economic allocation of limited resource

A firm with limited resources can compete with much larger organisations by: A)concentrating its efforts on a single segment B)using a multi-segment targeting strategy C)using a geographical segmentation variable D)using multivariable segmentation E)concentrating its efforts on the total population

Description : A firm with limited resources can compete with much larger organisations by: A)concentrating its efforts on a single segment B)using a multi-segment targeting strategy C)using ... segmentation variable D)using multivariable segmentation E)concentrating its efforts on the total population

Last Answer : A)concentrating its efforts on a single segment

_____________ is used to accomplish the project economically in the minimum available time with limited resources A. Project Scheduling. B. Network Analysis. C. Budget Analysis. D. Critical Planning.

Description : _____________ is used to accomplish the project economically in the minimum available time with limited resources A. Project Scheduling. B. Network Analysis. C. Budget Analysis. D. Critical Planning.

Last Answer : A. Project Scheduling.

Scarcity of resources means (a) Limited resources ; (b) Non – esxistence of resources ; (c) Both ; (d) None

Description : Scarcity of resources means (a) Limited resources ; (b) Non – esxistence of resources ; (c) Both ; (d) None

Last Answer : (a) Limited resources ;

The Earth has enough resources to meet the needs of all but not enough to satisfy the greed of even one person.' -SST 10th

Description : The Earth has enough resources to meet the needs of all but not enough to satisfy the greed of even one person.' -SST 10th

Last Answer : 'The earth has enough resources to meet the needs of all but not enough to satisfy the greed of even one person.' This can be said that this above written statement is relevant and ... the balance of environment must be kept in mind to fulfill the requirements of present and future generations.

‘The earth has enough resources to meet the needs of all but not enough to satisfy the greed of even one person’. -SST 10th

Description : ‘The earth has enough resources to meet the needs of all but not enough to satisfy the greed of even one person’. -SST 10th

Last Answer : This statement is given by Mahatma Gandhi: (i) It means that the earth has abundant resources to satisfy everyone's needs but in our greed and hurry to develop, we have been recklessly exploiting ... risk. (v) Thus, there is a need for conservation and judicious use of resources for development.

If society ever reached a point where all your wants and needs were provided by automation what would we do with ourselves on our time here on Earth?

Description : If society ever reached a point where all your wants and needs were provided by automation what would we do with ourselves on our time here on Earth?

Last Answer : Leisure studies will be in high demand in university.

How easy is it to tell needs from wants if you reside in a land of plenty (such as the US, Canada, the UK or places with all the modern creature comforts)?

Description : How easy is it to tell needs from wants if you reside in a land of plenty (such as the US, Canada, the UK or places with all the modern creature comforts)?

Last Answer : answer:I personally don't know of a person (rural Midwest) that gives a thought to their needs. Food, shelter and clothing are a given, it's the grade that they want that is in ... and nearly no one in the industrialized world appreciates what they have, or distinguish between want and need.

Knowing that we humans have imaginary faculties available, why do we still need/rather have physical images to satisfy our wants/needs?

Description : Knowing that we humans have imaginary faculties available, why do we still need/rather have physical images to satisfy our wants/needs?

Last Answer : Of course it's not enough. We have a logic part of our brain, and we need it for the world to work. We have to present evidence in court, we can't just imagine our way to prosperity. These ... proof. Yes, of course we know it's happening, but it helps solidify your beliefs when you actually see it.