Author Question: A disadvantage of the simple what-if analyses is that a. there are errors induced as a result of ... (Read 73 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?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

For a complete list of videos, visit our video library