Busn312 Hw1A

963 Words4 Pages
Homework 1a Multiple Choice Identify the choice that best completes the statement or answers the question. B 1. The essence of decision analysis is: |a. |breaking down complex situations into manageable elements. | |b. |choosing the best course of action among alternatives. | |c. |finding the root cause of why something has gone wrong. | |d. |thinking ahead to avoid negative consequences. | C 2. Why would someone wish to use a spreadsheet model? |a. |To…show more content…
|Neither i nor ii | C 10. Variables are termed independent when they satisfy which of the following? |a. |The function value depends upon their values. | |b. |The decision maker has no control over them. | |c. |The variables have no relationship to one another. | |d. |The variable is described as an output of the spreadsheet model. | C 11. Consider the spreadsheet model shown in the figure. This is a | |A |B |C | |1 | | | | |2 | | | | |3 |Purchase price |$32,500 | | |4 |less: | | | |5 | Down payment |$ 6,500 | | |6 | Trade-in |$ 4,000

    More about Busn312 Hw1A

      Get Access