Use the Data Shown Below to Answer the Following Question(s)

question 44

Multiple Choice

Use the data shown below to answer the following question(s) .
Captain Jack Automobiles launched a new car and tabulated the below data for the new launch. The project manager identified the following distributions and parameters for these variables:
Market size: normal with a mean of 2,000,000 units and a standard deviation of 400,000 units
R&D costs: uniform between $639,000,000 and $781,000,000
Test Drives: lognormal with mean of $160,000,000 and standard deviation $16,000,000
Annual market growth factor: triangular with minimum = 2%,maximum = 6%,and most likely = 3%
Annual market share growth rate: triangular with minimum = 15%,maximum = 25%,and most likely = 20%
Use 5,000 trials to generate the simulation model using Crystal Ball.
-The individual using Crystal Ball to simulate the given data should treat the cell containing the value of market size as a(n) ________.

• A)forecast
• B)decision
• C)assumption
• D)run preference

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Definitions:

Binge-eating Disorder

An eating disorder characterized by recurrent episodes of eating large quantities of food in a short period of time, often accompanied by feelings of loss of control and guilt.

Overweight

A condition where an individual has more body fat than is optimally healthy, often defined by a Body Mass Index (BMI) over 25.

Bulimia

An eating disorder characterized by binge eating followed by purging to prevent weight gain.

Eating Disorder Behaviors

Actions or patterns of behavior that are indicative of an eating disorder, such as binge eating, purging, and excessively restrictive eating.