Asked by Chris Paulino on May 22, 2024

verifed

Verified

The statement,"Production in October plus any available inventory must equal October's demand plus inventory held in November," is an example of a(n) ________.

A) proportional relationship
B) balance constraint
C) allowable increase
D) allowable decrease

Balance Constraint

A condition in mathematical models that ensures the total input into the system equals the total output, maintaining equilibrium.

Production

The process of creating, manufacturing, or producing goods and services, often involving a series of operations or stages.

Inventory

The total amount of goods and materials held in stock by a company, warehouse, or store.

  • Identify and apply mass balance constraints in manufacturing processes.
verifed

Verified Answer

DC
Dyteria CollinsMay 28, 2024
Final Answer :
B
Explanation :
The given statement is an example of a balance constraint, which ensures that the production and demand are balanced while taking into account existing inventory levels.