What Is the Analysis That Works in Reverse to What-If

question 107

Multiple Choice

What is the analysis that works in reverse to What-If and sensitivity analysis by finding the inputs necessary to achieve a goal such as a desired level of output?

• A) Solutions based analysis
• B) Optimization system
• C) Goal-seeking analysis
• D) Revenue analysis

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Definitions:

Inflation Rate

The swift rise in the average pricing of goods and services, resulting in the erosion of purchasing capabilities.

CPI

The Consumer Price Index represents a method for tracking the average weighted cost of various consumer goods and services, which is utilized to assess inflation levels.

Inflation Rate

The percentage increase in the price level of goods and services in an economy over a period of time, indicating how prices are rising on average.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, often used to indicate inflation.