Question: Consider a decision maker determining whether or not to employ an analytical optimization model. If the decision maker is unsure regarding the value for one
Consider a decision maker determining whether or not to employ an analytical optimization model. If the decision maker is unsure regarding the value for one variable:
a.It would be best to switch to a simulation model.
b.The analytical model can still be used by the decision maker, as long as a sensitivity analysis is done.
c.Neither the analytical model nor a simulation model should be used by the decision maker.
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