1-Sensitivity Analysis is not an optimizing technique because

It points directly to the correct decision

It does not point directly to the correct decision

It does not provides information on the basis of which decisions can be made

It looks at the probability of change in a variable

3-Ms Fateema is a very efficient manager and has understood that the Tyre Company she works for can also make huge profits if they start a transport business. . She prepares a detailed report and sends it to his top Management. She is however informed that such decisions are taken by the Board of Directors. What type of decisions are these?

Diversification decision

Contingent

Expansion Decision

Replacement decision

6-In which of the following methods, the models can become extremely complex and the time and costs involved in their construction can be very high?

Adjusted Payback

Sensitivity Analysis

Simulation

Risk Adjusted Discount Rate