The Analytic Hierarchy Process, Scoring Models, and Goal Programming Are

question 52

Short Answer

The analytic hierarchy process, scoring models, and goal programming are all considered to be ________ decision making techniques because they incorporate decisions based on more than one objective.

Analyze statistical data without a mode.

Understand and define the range in a data set.

Calculate mean age in a given data set.

Calculate and understand the significance of the arithmetic mean in investments.

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Definitions:

Shareholder Wealth

The overall value of an investment to its owners (shareholders), typically measured by the price of their shares in the stock market.

Economic Life

The period over which an asset is expected to be usable by its owner, contributing to the owner's economic activity.

Net Operating Cash Flow

The amount of cash generated by a company's normal business operations.

CCA Class

Capital Cost Allowance Class, a categorization in tax systems for depreciation of tangible property.