Decision variables are __________
A. Controllable
B. Uncontrollable
C. Parameters
D. None of the above
Answer: Option A
Solution(By Examveda Team)
A decision variable is a quantity that the decision-maker controls. For example, in an optimization model for labor scheduling, the number of nurses to employ during the morning shift in an emergency room may be a decision variable.This Question Belongs to Management >> Operations Research
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Related Questions on Operations Research
A. Is possible when the variables value is known
B. Reduces the scope of judgement & intuition known with certainty in decision-making
C. Require the use of computer software
D. None of the above
A. Must be deterministic
B. Requires computer aid for its solution
C. Represents data in numerical form
D. All of the above
A physical model is example of.
A. An iconic model
B. An analogue model
C. A verbal model
D. A mathematical model
The qualitative approach to decision analysis relies on.
A. Experience
B. Judgement
C. Intuition
D. All of the above
If a decision variable is a quantity that the decision-maker controls then it must be controllable. The answer must be A? Kindly correct me if I am wrong.
Answer should be A
The correct option is a, that is controllable because in order to make the model desirable and feasible decision variables are changed accordingly or controlled to get the results
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