A parameter in a model is a variable that represents a decision to be made.

Name: A parameter in a model is a variable that represents a decision to be made.
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A parameter in a model is a quantity that influences the output or behavior of a model but is considered constant and not a decision variable. Decision variables are what we adjust to optimize the model, whereas parameters are inputs to the model that are typically fixed or given.

A Parameter in a Model Is a Variable That Represents