When Will a Company Use a Predictive Decision Model

question 21

Multiple Choice

When will a company use a predictive decision model?

• A) when it wishes to determine the best product pricing to maximize revenue
• B) when it wishes to know how best to use advertising strategies to influence sales
• C) when it wishes to know sales patterns to plan inventory levels
• D) when it wishes to ensure that a specified level of customer service is achieved

---

Definitions:

Laparoscope

A medical instrument used to examine the abdominal cavity or perform minimally invasive surgery.

Fallopian Tubes

Paired tubes that transport eggs from the ovaries to the uterus, essential for fertilization.

Colostrum

The first form of milk produced by mammalian mothers shortly after giving birth, rich in antibodies.

Breast Milk

The milk produced by human breasts or the mammary glands for nourishing babies, rich in nutrients and antibodies.