Question: Please explain the following terms: Optimization optimization Techniques Decision Variables Objective Function Constraints Planning Horizons Sales and Operations Planning Aggregate Operations Planning Techniques for Aggregate

Please explain the following terms:

  1. Optimization
  2. optimization Techniques
  3. Decision Variables
  4. Objective Function
  5. Constraints
  6. Planning Horizons
  7. Sales and Operations Planning
  8. Aggregate Operations Planning
  9. Techniques for Aggregate Prodution Planning
  10. Trial-and-Error
  11. Yield Management
  12. Disaggregating the Aggregate Plan
  13. Linear Programming Model
  14. Linear Programming Assumptions
  15. Graphical Solution Method
  16. Slack and Surplus
  17. Simplex Method
  18. Linear Programming Software
  19. Sensitivity Analysis

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