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In which of the following types of analysis, the goal is to find the optimum value for one or more target variables, given certain constraints?
Answer & Solution
Correct Answer:
Option
B
In optimization types of analysis, the goal is to find the optimum value for one or more target variables, given certain constraints. Optimization Analysis is a more complex extension of goal-seeking analysis. Instead of setting a specific target value for a variable, the goal is to find the optimum value for one or more target variables, given certain constraints.
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