One disadvantage of the BAT model is the fact that it assumes all cash outflows are known with certainty.

Name: One disadvantage of the BAT model is the fact that it assumes all cash outflows are known with certainty.
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The BAT model (Baumol-Tobin model) assumes that cash outflows are known with certainty, which is a limitation because in reality, cash needs can be unpredictable and vary over time.

One Disadvantage of the BAT Model Is the Fact That