Sensitivity Analysis May Also Be Called

question 61

Multiple Choice

Sensitivity analysis may also be called

• A)postoptimality analysis.
• B)parametric programming.
• C)optimality analysis.
• D)All of the above
• E)None of the above

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Definitions:

Unit Prices

The cost per unit of a product, which allows consumers to compare costs of products irrespective of their package quantities.

Inventories

Quantities of goods that are held by a company in anticipation of being sold or used in production processes.

Manufacturers

Entities or individuals that use raw materials, parts, and components to produce finished goods through various processes, machinery, and operations.

Unexpected Changes

Unexpected changes refer to unforeseen events or shifts in the marketplace, economies, or natural environment that can significantly impact businesses, economies, and societies.