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Examveda

__________ models involves the allocation of resources to activities in such a manner that some measure of effectiveness is optimized.

A. Sequencing

B. Allocation Models

C. Queuing Theory

D. Decision Theory

Answer: Option B

Solution(By Examveda Team)

Allocation models involves the allocation of resources to activities in such a manner that some measure of effectiveness is optimized. Allocation models can be created to present possible asset allocation strategies for clients. Diversifying investments by asset categories can offset the fluctuations of the performance of the total portfolio. Besides offering models, OIPA supports the use of funds through allocation configuration.

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The use of decision models.

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