Select the correct answer from each drop-down menu. Which tools and techniques do operations managers use as part of a certain management function?

tools and techniques, such as PERT, CPM, and Gantt Charts, are very useful to operations managers to carry out the
function in both manufacturing and service businesses.

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.