Question 1
The question "What will total earnings be if we reduce our inventory stocking costs by 10%?" is a type of:
◦ goal-seeking analysis.
◦ what-if analysis.
◦ sensitivity analysis.
◦ utility modeling.
Question 2
The question "What advertising budget is needed to increase market share by 7%?" is a type of:
◦ goal-seeking analysis.
◦ what-if analysis.
◦ sensitivity analysis.
◦ utility modeling.