Which of the Following Categories of Modeling Techniques Includes Optimization

question 35

Multiple Choice

Which of the following categories of modeling techniques includes optimization techniques?

• A) Capitalistic models
• B) Descriptive models
• C) Predictive models
• D) Prescriptive models

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Definitions:

Conduct

Refers to the manner in which an individual behaves, especially within a professional or formal context.

Employer-Employee

The legal relationship between a person or company who hires and the individual who is hired to perform a specific task.

Agency Agreements

Legal contracts specifying the terms under which an agent will act on behalf of a principal in business dealings.

Writing Requirement

A legal stipulation that certain contracts must be in written form to be enforceable.