Question: A deterministic model is one in which A deterministic model is one in which there is no available computer software all parameters used in the

A deterministic model is one in which
A deterministic model is one in which
there is no available computer software
all parameters used in the model are known with complete certainty
there is a measurable outcome
there is some uncertainty about the parameters used in the model

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Databases Questions!

Q:

introduction to qunantitative analysis key answer s = selling price per unit f = fixed cost u = variable cost per unit x = number of units sold An equation to determine the break - even point ( BEP )...

Q:

=8. A deterministic model is one in which a. there is some uncertainty about the parameters used in the model. b. there is a measurable outcome. c. all parameters used in the model are known with...

Q:

Debra wants to know if her sister can be her qualifying child.Which of the following is not a test to be a Qualifying Child? Select one: a. The child must be under age 19 at the end of the year or...

Q:

hi , Question 1Total 8 marks On 1 July 2014, Magenta Ltd purchased an item of machinery for $200,000 to be used In the manufacture of furniture. The machinery had an estimated useful life of 8 years...

Q:

hi , Question 1Total 8 marks On 1 July 2014, Magenta Ltd purchased an item of machinery for $200,000 to be used In the manufacture of furniture. The machinery had an estimated useful life of 8 years...

Q:

hi , Question 1Total 8 marks On 1 July 2014, Magenta Ltd purchased an item of machinery for $200,000 to be used In the manufacture of furniture. The machinery had an estimated useful life of 8 years...

Q:

A report consisting of 700 words Make a short introduction, where you explain (in your own words) what balanced management is as well as how balanced management is used by Norwegian municipalities....

Q:

Hocking (1985) described an example for which the nested factorial model is appropriate. Observations are taken at laundromats using different types of washing machines and different detergents. For...

Q:

True or false: new businesses often run short of money periodically and a lack of money shouldn't necessarily derail a new business. Select one: a.True b.False The process of examining a particular...

Q:

Journal of Change Management Vol. 11, No. 2, 207- 221, June 2011 Organizational Development Goes Digital: Applying Simulation to Organizational Change JOSEPH B. LYONS , JEREMY JORDAN , PAUL FAAS &...

Q:

Make a block diagram of 4-bit parallel-in-serial-out register Demonstrate the operation of 4-bit parallel-in-parallel-out register in your words

Q:

Kirby Airlines is a small airline that occasionally carries overload shipments for the overnight delivery company Never-Fail, Inc. Never-Fail is a multimillion-dollar company started by Jack Never...

Q:

Compensation for the top executives at public companies is set by a compensation committee, which is a subset of the board of directors. a . True b . False

Q:

CT Corp Comprehensive Question Canadian Tire Corporation, Limited ( Canadian Tire ) is a family of companies that includes a retail segment and a financial services division, among others. The retail...

Q:

3. Workplace comedies and dramas typically play off situations that really arise in organizational settings. Watch a few episodes of such workplace sitcoms as Parks and Recreation and Workaholics or...

Q:

4. Select a city, state, or campus problem that is relevant to the members of your class. Form a group to solve the problem using the six-step decision-making process described in this chapter.

Q:

2. Arrange an interview with the chair, president, or director of an organization to determine how the various groups within the organization operate. How closely do these groups conform to the...