Question

to formulate a mathematical model on a spreadsheet, an analyst must answer all of the following questions except multiple choice question. what are the constraints on these decisions? what is the overall measure of performance for these decisions? what are the decisions to be made? who will ultimately make the decision?

Answer 1

An analyst must answer questions about constraints, performance measures, and decisions when formulating a mathematical model on a spreadsheet.

Step-by-step explanation:

The questions that an analyst must answer when formulating a mathematical model on a spreadsheet include:

1. What are the constraints on these decisions?
2. What is the overall measure of performance for these decisions?
3. What are the decisions to be made?

The question of who will ultimately make the decision is not one of the questions that the analyst must answer when formulating the model.

Mathematical models are useful in decision-making processes as they provide a quantitative framework for analyzing data and making informed choices. By representing real-world situations with mathematical equations, analysts can simulate different scenarios and evaluate the impacts of various decisions.