A(n) ________ Is Used to Make Decisions Based on Multiple

question 22

Multiple Choice

A(n) ________ is used to make decisions based on multiple criteria.

• A) tree diagram
• B) matrix diagram
• C) interrelationship digraph
• D) prioritization grid
• E) affinity diagram

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Definitions:

Interest Rate

The percentage at which interest is charged or paid on borrowed or saved money, typically expressed as an annual percentage.

Expected Cash Flows

The projected amount of cash that is anticipated to be generated or expended over a certain period in the future.

Present Value

The contemporary valuation of future monetary sums or cash flow chains, determined by a designated rate of return.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1.