____________ models assumes that the values of the variables do not change with time during a particular period.
A. Static Models
B. Dynamic Models
C. Both A and B
D. None of the above
Answer: Option A
Solution(By Examveda Team)
Static Models assumes that the values of the variables do not change with time during a particular period. The static model describes the structure of a distributed parameter system, i.e. its state at a specific time instant. The intersection models relate the parameters that are to be combined in a composite field by means of their distribution models.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
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