Sally is working for her uncle for the summer in the marketing department of Proctor & Gamble. One of her recent projects was to build a model of revenue that would allow her boss to test a variety of price points against forecasts of units sold for each product in a product line. Sally will be doing:
A)What-if analysis
B)Qualitative analysis
C)Sensitivity analysis
D)Goal-seeking analysis
E)A simulation.

Question

Quizplus · Accepted Answer

Sally's project involves building a model of revenue that allows for testing different price points against forecasts of units sold. This is the exact definition of what-if analysis, which involves exploring different scenarios and their potential outcomes. The other options - qualitative analysis, sensitivity analysis, goal-seeking analysis, and simulation - do not fit the specific task that Sally is undertaking.

Sally Is Working for Her Uncle for the Summer in the Marketing