Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 08, 2020

Which of the following categories of modeling techniques includes optimization techniques? Group of answer choices Descriptive models Predictive models Prescriptive models Capitalistic models

Which of the following categories of modeling techniques includes optimization techniques? Group of answer choices

Descriptive models

Predictive models

Prescriptive models

Capitalistic models

Step by Step Solution

★★★★★

3.40 Rating (156 Votes )

There are 3 Steps involved in it

Step: 1

Prescriptive models Prescriptive models use optimisation techniques P... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing and Assurance Services

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

6th edition

978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343

More Books

Students explore these related General Management questions

Question

Solutions to which of the following categories of modeling techniques indicate a course of action to the decision maker? Group of answer choices Preventive models Predictive models Descriptive models...

Answered: 3 weeks ago

Question

Answered: 3 weeks ago

Question

Which of the following categories of principles is most closely related to gathering audit evidence? a. Performance. b. Reasonable assurance. c. Reporting. d. Responsibilities.

Answered: 3 weeks ago

Question

An investment project provides cash inflows of $710 per year for 9 years. Required: What is the project payback period if the initial cost is 3,550?

Answered: 3 weeks ago

Question

Suppose that curves C1 and C2 intersect at (x0, y0) with slopes m1 and m2, respectively, as in Figure 4. Then (see Problem 40 of Section 0.7) the positive angle Î¸ from C1 (i.e., from the...

Answered: 3 weeks ago

Question

=+to record the dishonored note receivable?

Answered: 3 weeks ago

Question

=+b) Using the mean and standard deviation as in Exercise 21, create an R chart for these samples.

Answered: 3 weeks ago

Question

Yummy Candy Company is considering purchasing a second chocolate dipping machine in order to expand their business. The information Yummy has accumulated regarding the new machine is: Cost of the...

Answered: 3 weeks ago

Question

Zespri case by jose alvarez and mary shelman SWOT analysis

Answered: 3 weeks ago

Question

You recently accepted the controller position for Java the Hut, a regional coffee chain. The owner informs you that a complete financial statement package will be required for a new bank loan...

Answered: 3 weeks ago

Question

Qs 1. In the data set below, what are the lower quartile, the median, and the upper quartile? 47 50 63 71 81 83 91 91 95 96 97 lower quartile = median = upper quartile =

Answered: 3 weeks ago

Question

During the cherry blossom time in Houston, the sales for 'The Black House' tends to increase. Due to pandemic, the gift shop management decide to keep the shop open during weekends (Friday, Saturday,...

Answered: 3 weeks ago

Question

A motorist needs to visit a total of 6 cities over the course of the next few days and wants to minimize the total distance driven to visit all 6 cities. The distances between each pair of cities is...

Answered: 3 weeks ago

Question

The velocity of the bullet with mass mk has an angle with respect to the horizontal. The speed of the bullet is Vk when it hits a block with mass m. The bullet remains caught in the block. As a...

Answered: 3 weeks ago

Question

5. Neil Special Pottery, LLC has decided to use a regular output of 800 units per month for this year. They can use overtime up to 80 units per month and use subcontracting for the remaining units to...

Answered: 3 weeks ago

Question

Crane Company estimates that 2022 sales will be $32,000 in quarter 1, $38,400 in quarter 2, and $46,400 in quarter 3. Cost of goods sold is 50% of sales. Management desires to have ending merchandise...

Answered: 3 weeks ago

Question

Write a program that can accept 2 integer values and compare which one is bigger using conditional operator statement. Output: Enter 2 values: 412 value 12 is greater than value 4 Solution

Answered: 3 weeks ago

Question

Evenflow Power Co. is considering a new project that is a little riskier than the current operations of the company. Thus, management has decided to add an additional 1.5% to the company's overall...

Answered: 3 weeks ago

Question

The primary purpose for obtaining an understanding of a nonpublic audit clients internal control is to a. Provide a basis for making constructive suggestions in a management letter. b. Determine the...

Answered: 3 weeks ago

Question

How do audit procedures for prepaid expenses and accrued liabilities also provide audit evidence about related expense accounts?

Answered: 3 weeks ago

Question

An audit team would most likely examine the detail support for charges to which of the following accounts? a. Payroll expense. b. Cost of goods sold. c. Supplies expense. d. Legal expense.

Answered: 3 weeks ago

Question

20. In what way does eating increase after damage in and around the ventromedial hypothalamus? After damage to the paraventricular nucleus?

Answered: 3 weeks ago

Question

5. For the payoff and loss tables in Exercise 3, find the action which is optimal under the maximin, maximax, and minimax loss rules.

Answered: 3 weeks ago

Question

2. You are given the following payoff table:

Answered: 3 weeks ago

Previous Question Next Question