Sensitivity analysis is defined as
A)a diagnostic,analytic method for analyzing the effects of changing factors such as inventory costs to determine the effects.
B)a family of parts or products run on the same line.
C)a good production management reaction to order cancellations after the fact.
D)adaptation to a shift from continuous demand to sporadic demand.

Question

Quizplus · Accepted Answer

Sensitivity analysis is a method to analyze the effects of changing factors such as costs or demand on a company's operations or financials. It helps decision-makers to understand the impact of these changes and make informed decisions.

Sensitivity Analysis Is Defined as