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"To Be Useful, a Model Must Be Completely Realistic

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Essay

"To be useful, a model must be completely realistic." Evaluate.


Definitions:

Technical Feasibility

Technical feasibility assesses whether a proposed project or system can be implemented with current technology and resources, ensuring it is practical from a technical standpoint.

New-product Development Process

A series of stages including ideation, design, development, and marketing that businesses follow to bring a new product to the market.

Proposed Design

A detailed plan or blueprint put forward as a solution to a problem, subject to evaluation, adaptation, or approval.

Crowdsourcing

The process of obtaining needed services, ideas, or content by soliciting contributions from a large group of people, especially from the online community.

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