Which of the following statements is incorrect? pg85 Descriptive models are used to analyze the impact of

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Which of the following statements is incorrect? pg85 Descriptive models are used to analyze the impact of alternative courses of action.

Linear programming is a descriptive model.

Sensitivity analysis is a descriptive model.

Simulation is a descriptive model.

Descriptive models help management in deciding on what may be a good, but not necessarily optimal, solution to a problem.

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Cost Accounting Concepts And Applications For Managerial Decision Making

ISBN: 9780070103108

2nd Edition

Authors: Ralph S. Polimeni, James A. Cashin, Frank J. Fabozzi, Arthur H. Adelberg

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