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Author Question: A disadvantage of the simple what-if analyses is that a. there are errors induced as a result of ... (Read 91 times)

leo leo

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on: Jun 24, 2018
A disadvantage of the simple what-if analyses is that
 a. there are errors induced as a result of rounding.
  b. the optimal solutions are not guaranteed.
  c. there is no indication of the likelihood of various output values.
  d. it cannot compute alternate optimal solutions.

Question 2

A ___________ analysis involves considering alternative values for the random variables and computing the resulting value for the output.
 a. random
  b. what-if
  c. risk
  d. cluster


aliotak

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Reply #1 on: Jun 24, 2018
Answer to Question 1

c
RATIONALE: A disadvantage of the simple what-if analyses is that there is no indication of the likelihood of the various output values.

Answer to Question 2

b
RATIONALE: A what-if analysis involves considering alternative values for the random variables and computing the resulting value for the output.


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