Explore BrainMass

Explore BrainMass

    Quantitative Methods

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    I need help on this question-

    A quantitative method may be sensitive to changes in the parameters involved in comparing alternatives. A careful analyst conducts a sensitivity analysis to see if the situation's outcome is susceptible to small changes in such parameters (say 5%). Is Decision Analysis susceptible to such a sensitivity analysis and how might it be conducted?

    © BrainMass Inc. brainmass.com December 15, 2022, 11:09 pm ad1c9bdddf

    Solution Preview

    Yes, decision analysis is susceptible to such a sensitivity analysis. It can be conducted by changing one of ...

    Solution Summary

    The solution provides a brief answer to the question of sensitivity analysis and decision analysis. The solution is ideal for students looking for a brief and concise answer to the question. Overall, an excellent response.