154k views
5 votes
Which of the following are included as common DSS analysis techniques? (Check four that apply.) Group of answer choices

What-if analysis
Sensitivity analysis
Goal-seeking analysis
Input Output Pivot
Optimization analysis

User Candrews
by
3.4k points

1 Answer

6 votes

Answer:

  • sensitivity analysis
  • goal seeking analysis
  • optimization analysis
  • What-if analysis

Step-by-step explanation:

Sensitivity analysis helps the decision makers by providing them with the information. It basically studies the effect of changes in basic factors or input variables of a model or system by changing the value of each factor or variable and studying its affect on other values. This works by trial and error.

Goal-seeking analysis is a technique which works backwards. This process works to find out the input that will result in the desired output. This also helps decision makers in how to obtain the specific output.

Optimization analysis is used by decision makers for the most appropriate use of resources and it helps to obtain best possible value for a selected variable, given some certain conditions or constraints.

What-if analysis is also a technique in which certain variables are changed and their outcomes and effects on the performance are studied. So it compares different circumstances based on certain constraints or conditions to obtain the results of these circumstances. It also studies the relationship between certain input variables and their output to detect errors.

User Noble Eugene
by
3.8k points