Concept:
An Operating System (OS) acts as an interface between the user and computer hardware.
Its primary purpose is to manage and allocate system resources efficiently.
Resources managed by the OS include:
• CPU time
• Memory
• Input/Output devices
• Files
• Secondary storage
Step 1: Understand resource allocation.
Many programs may request system resources simultaneously.
The operating system decides:
• Which process gets CPU time.
• Which process gets memory.
• Which process accesses I/O devices.
Hence it acts as a resource allocator.
Step 2: Analyze Option (A).
Resource utilization is a result of operating system management, but it is not the best definition of an OS.
\[
\text{Not the best choice}
\]
Step 3: Analyze Option (B).
A workstation is a type of computer system.
It is not an operating system.
\[
\text{Incorrect}
\]
Step 4: Analyze Option (D).
Application programs run on top of the operating system.
An operating system itself is not an application program.
\[
\text{Incorrect}
\]
Step 5: Identify the best description.
The operating system allocates hardware and software resources among competing users and applications.
Therefore,
\[
\boxed{\text{Resource Allocator}}
\]
Hence option (C) is correct.