Use the Table Below to Answer the Following Question(s) -Is the Term Used by Analytic Solver Platform for Systematic

question 39

Multiple Choice

Use the table below to answer the following question(s) .
In the spreadsheet below, there is data on the price, cost, demand, and quantity produced for an item. There are also different "what if" values that can help a manager to calculate costs and revenue with variability in demand. $\begin{array}{|l|l|l|l|}\hline & \text { A } & \text { B } & \text { C } \\\hline 1 & \text { Profit Model } & & \\\hline 2 & & & \\\hline 3 & \text { Data } && \begin{array}{l}\text { What-If } \text { Demand } \\\text { Values }\end{array} \\\hline 4 & & & 20,000 \\\hline 5 & \text { Unit Price (\$) } & 50 & 40,000 \\\hline 6 & \text { Unit Cost (\$) } & 25 & 55,000 \\\hline 7 & \text { Fixed Cost (\$) } & 550,000 & 60,000 \\\hline 8 & \text { Demand } & 60,000 & 65,000 \\\hline 9 & \text { Quantity Produced } & 55,000 & \\\hline 10 & & & \\\hline\end{array}$
-is the term used by Analytic Solver Platform for systematic methods of "what-if" study.

• A) Scenario
• B) Validity
• C) Parametric sensitivity analysis
• D) Goal Seek

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Definitions:

Cross-Situational Consistency

The concept that an individual's behavior tends to be consistent across different situations and contexts.

Self-Fulfilling Tendencies

The phenomenon whereby a person's expectation or belief about a situation or themselves leads to its actualization or enactment.

Social Expectancies

Norms or beliefs about how people are supposed to behave in certain social situations, influencing interactions and perceptions.

Intellectual Expectancies

Preconceived standards or beliefs about intellectual abilities or outcomes that can influence behavior and performance.