In Decision Analysis, the Detection Rate Is the Same Thing

question 76

Multiple Choice

In decision analysis, the detection rate is the same thing as

• A)the sensitivity.
• B)the specificity.
• C)the accuracy rate.
• D)the false positive rate.

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Definitions:

Bullwhip Effect

describes the phenomenon where small fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels.

Supply Chain

A global network of organizations and activities that supplies a firm with goods and services.

Disaster Risk

The potential loss or damage that may result from interactions between natural or human-induced hazards and vulnerable conditions.

Number of Suppliers

Refers to the total count of distinct suppliers that a company uses or maintains relationships with for procuring goods or services.