Author Question: A disadvantage of the simple what-if analyses is that a. there are errors induced as a result of ... (Read 66 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
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

  • Sr. Member
  • ****
  • Posts: 326
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

For a complete list of videos, visit our video library