Which of the Following Are Benefits of What-If Analysis

question 3

Multiple Choice

Which of the following are benefits of what-if analysis?

• A) It pinpoints the sensitive parameters of the model.
• B) It gives the new optimal solution if conditions change.
• C) It tells management what policy decisions to make.
• D) All of the choices are correct.
• E) None of the choices is correct.

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Definitions:

Degrees Celsius

A unit of temperature measurement in the metric system where water freezes at 0 degrees and boils at 100 degrees under standard atmospheric conditions.

CFCs

Chlorofluorocarbons, a group of odorless manufactured chemicals that damage the Earth's ozone layer and have been phased out in many applications due to environmental concerns.

Mean Surface Temperature

The average temperature of a planet's surface, calculated from a wide range of locations and times, indicative of its climate health.

Ozone

A molecule composed of three oxygen atoms, known for its role in absorbing ultraviolet solar radiation in the stratosphere, thus protecting the earth from harmful UV rays.