Which of the following best defines 'resource optimization'?

Practice Questions

Q1
Which of the following best defines 'resource optimization'?
  1. The process of reducing resource use to cut costs.
  2. The strategic allocation of resources to achieve the best possible outcomes.
  3. The equal distribution of resources among all projects.
  4. The elimination of waste in resource management.

Questions & Step-by-Step Solutions

Which of the following best defines 'resource optimization'?
  • Step 1: Understand what 'resources' are. Resources can be anything like time, money, materials, or people.
  • Step 2: Learn what 'optimization' means. Optimization means making something as effective or functional as possible.
  • Step 3: Combine the two ideas. Resource optimization means using resources in the best way to get the best results.
  • Step 4: Look at the options provided in the question to find the one that matches this definition.
  • Step 5: Identify that option 1 describes resource optimization correctly.
No concepts available.
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