Discuss the concept of sensitivity analysis in system modeling. Why is sensitivity analysis important, and how is it performed?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter4: Linear Programming Models
Section4.8: Data Envelopment Analysis (dea)
Problem 42P
icon
Related questions
Question

Discuss the concept of sensitivity analysis in system modeling. Why is sensitivity analysis important, and how is it performed?

Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
System Management Strategies
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,