This type of algorithm is necessary for making large-scale decisions, but may be difficult due to difficulties in measuring costs, risks, and benefits.
A) problem identification
B) decision nature identification
C) method of least squares
D) cost-benefit and risk analyses

Question

Quizplus · Accepted Answer

Cost-benefit and risk analyses are necessary for making large-scale decisions as they involve measuring and comparing the costs, risks, and benefits associated with different options to determine the most advantageous choice.

This Type of Algorithm Is Necessary for Making Large-Scale Decisions