SAINTLEO COM315 2020 January Module 1 Discussion Latest
Question # 00748865
Posted By:
Updated on: 01/14/2020 11:36 AM Due on: 01/14/2020

COM315 Decision Support Systems
Module 1 Discussion
What is the difference between a deterministic variable versus a probabilistic variable?
What makes one model deterministic and another model probabilistic? Give examples.
Identify and discuss the steps in the decision modeling process. Give examples.
How do we use the information about machine capacity in Part A of Sample Problem 1-29?
What would the revenues be for part A and B in Problem 1-29? How did you calculate them?
What would the profits be for each machine in part C in Problem 1-29? How did you calculate them?

-
Rating:
5/
Solution: SAINTLEO COM315 2020 January Module 1 Discussion Latest