The Kind of Analysis That Consists of Rerunning the Model

question 25

Multiple Choice

The kind of analysis that consists of rerunning the model to determine the effect on the output variables of changes in the input variables is __________.

• A) simulation
• B) scenario analysis
• C) sensitivity analysis
• D) probabilitistic analysis

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Definitions:

Supply Chain Performance

An evaluation of how well a supply chain achieves its goals, often measured through metrics like efficiency, speed, cost, and reliability.

Time

The indefinite continued progress of existence and events in the past, present, and future regarded as a whole.

Quantity

The amount, size, or number of something, which can be measured or counted.

Supply Chain Focus

The central attention or concentration on the management of the flow of goods and services, including all processes that transform raw materials into final products.