See Chapter 9. Briefly describe what these “analysis” are and offer 2 benefits examples of each:
“what- if analysis”, “sensitivity analysis”, and “goal- seeking analysis”
If the manager said, “How many servers will be needed to reduce the waiting time of customers to less than 5 minutes?” What is the best analysis to use? and Why?
See chapter 10. Briefly describe the major characteristic of Simulation and list at least 5 advantages of using simulation. (Expound on this topic).
Go to https://palisade.com/evolver/ and examine the capabilities of Evolver. Write a 2-3 para, summary about your findings.
p.s. And Yes, Evolver is available by itself or as part of the Decision Tools Suite, Palisade’s complete risk and decision analysis toolkit. Free to explore the software.
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