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Simulation analysis can be defined as: (a) Analysis of the amounts by which one input variable must fall before a project ceases to create wealth.

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Simulation analysis can be defined as: (a) Analysis of the amounts by which one input variable must fall before a project ceases to create wealth. (b) Analysis of the amount by which the NPV falls when one input variable is changed from its optimistic to its pessimistic forecast. (c) Analysis of the effect of simultaneously changing all of the input variables by a fixed % amount from their respective expected value. (d) Analysis that allows one to examine the effect of the correlation of the input variables on the project's NPV. (e) None of the above

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