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It Is Important to Remove Unneeded Complexity from a Model

question 8

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It is important to remove unneeded complexity from a model before handoff because as a tool becomes more complex it requires more automation.


Definitions:

Comparative Advantage

is the ability of an entity to produce a good or service at a lower opportunity cost than others, leading to trade benefits.

Opportunity Cost

Overlooking potential advantages by settling on a single alternative.

Sandwiches

A food item typically consisting of two pieces of bread with meat, cheese, vegetables, or other fillings between them.

Production Possibilities Curve

A graphical representation showing the maximum number of goods or services that can be produced using limited resources.

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