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Enabling commanders to make informed decisions that optimize resources and mission effectiveness can best be achieved through the use of what action?

Decision support


A production point beyond the production possibilities frontier represents what?

This represents a production point that could be achieved if there were suffecient resources available.


What is equilibrium in an open mixed economy?

Economic equilibrium is deemed to have been achieved when, theoretically, the demand for goods and services by consumers is about equal with the supply of those goods and services into the economy by the suppliers. This is generally considered to have been achieved when market prices for most commodities stabilize, with little change. When equilibrium is achieved, inflation in the market is marginal.


What are the three Sectors of production?

1- two goods are produced depicting choices and trade off for the nation 2- full employment and full production are achieved allowing for maximum utilization of resources. 3- short run is the time frame over which resources can not be improved or increased.


What is an optimum resource allocation?

Optimum allocation is when productive and allocative efficiency co-exist. Productive efficiency is achieved when when products are made with the least possible use of the resources, i.e, by incurring lowest possible costs in producing them Allocative efficiency is achieved when the combination of products produced provide consumers the greatest possible satisfaction, i.e, goods which are most wanted are produced When both these elements are present, there is also economics efficiency. This means that resources are used in the best way possible, i.e, producing the goods which are most wanted with the least possible use of resources

Related questions

How the maintenance of a polarized state in a resting nerve is provided?

Maintenance of a polarized state of a resting nerve is achieved through continuous expenditure of energy.


What happened to Nigeria after it achieved independence?

they gained the resources from there independence from the great Britain


How can you reach resource optimization in a business?

It depends on the resources and the management of them by that business. It can be achieved by defining the resources and planning their uses over a period of time.


What consists of a developed nation?

developed countries are those in which have achieved the PPC curve i.e. they achieve maximum utilization of resources in the country


Definition of school organization?

It is the process whereby educational goals and objectives are achieved using people and other resources efficiently and effectively.


What are your responsibilities as a manager?

The manager sees to it that his goals are achieved by planning, implementing and regulating the processes and by using resources in the most productive manner.


Why are Egyptians obelisks considered one of the most amazing architectural feats ever achieved?

egyptian obelisks are considered one of the most amazing architectural feats ever achieved because obelisks need alot of planning and advanced technology and knowledge of geometry to be made


Enabling commanders to make informed decisions that optimize resources and mission effectiveness can best be achieved through the use of what action?

Decision support


"How does a frontline supervisor know that they have achieved a desired result'?

They know they have achieved a result if; 1.All employees are satisfied 2.The result is in line with the long term organisation's goals 3.All the allocated resources are well utilized 11


A production point beyond the production possibilities frontier represents what?

This represents a production point that could be achieved if there were suffecient resources available.


Why is an Olympic record not considered to be a world record?

An Olympic record is the greatest achieved in the Olympic games. A world record is the greatest achieved anywhere, ever. In some instances an Olympic record is also the world record.


Successes and failures?

Successes and failures are considered to be part of development. In most cases, there will a number of failures before success is achieved.