Q25+26+27 ) Operations Research

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25 A measurable quantity that is inherent in the problem is called a (an) (abas 1) decision variable O algorithm o uncontrollable variable parameter 26 * A strategy that may be chosen by a decision maker in decision theory is called 1) 1 ) A state of nature o A payoff O An alterative e A profit e 27 There are many difficulties that can hurt the chances of implementing quantitative analysis approach to real world problems, these are Cabaj 1) Quantitative models usually give just one answer to a problem O Lack of commitment by quantitative analysts 0 0 0 Resistant to change by mangers All of the above