Operations managers, as decision makers, often must contend with which are the limits imposed on decision making by costs, human abilities, time technology, and the availability of information. As a result of these limitations, managers cannot always expect to reach decisions that are optimal in the sense of providing the best possible outcome in profit or least costs. Select one: a. bounded decision b. bounded rationality C. rational decision d. sub-optimal rationality A small firm intends to increase the capacity of a bottleneck operation by adding a new machine. Two alternatives. A and B, have been identified. and the associated costs and revenues have been estimated. Annual fixed costs would be 40.000 for A and GHC30,000 for B: variable costs per unit would be GHC 10 for A and GHC11 for B; and revenue per unit would be GHC15. What is the volume of output at which the two alternatives yield the same profit? Select one: O a. 6.000 b. 20,000 c. 10,000 d. 12.000