Describe the use of sensitivity analysis and postoptimality analysis in analyzing the results.

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter19: Managing Quality And Performance
Section: Chapter Questions
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  • Describe the use of sensitivity analysis and postoptimality analysis in analyzing the results.

  • 1-10 Managers are quick to claim that quantitative analysts talk to them in a jargon that does not sound like English. List four terms that might not be understood by a manager. Then explain in nontechnical language what each term means.

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