Inputs to a quantitative model
A)are a trivial part of the problem solving process.
B)are uncertain for a stochastic model.
C)are uncontrollable for the decision variables.
D)must all be deterministic if the problem is to have a solution.

Question

Quizplus · Accepted Answer

Inputs to a quantitative model may involve uncertainty in a stochastic model. Stochastic models deal with the randomness and variability in the inputs to the model, and therefore, the input values may not be definite or controllable. Hence, option B is the correct choice. Option A is incorrect as input selection is a crucial part of problem-solving, and it requires careful consideration. Option C is incorrect as the decision variables are controllable by the decision-maker. Option D is incorrect as some models can deal with uncertainties, like stochastic models.

Inputs to a Quantitative Model