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Springfield College BUSINESS A 500 Chapter 9 1)List and describe the major issues in modeling

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Springfield College

BUSINESS A 500

Chapter 9

1)List and describe the major issues in modeling.

 

 

2.            Define what it means to perform decision making under assumed certainty, risk, and uncertainty.

 

3.            List and explain the characteristics of LP.

 

 

4.            List the reasons for performing sensitivity analysis.

 

 

 

 

5.            Explain why a manager might perform what-if analysis.