________ is an analysis that projects how much a solution might change if there were changes in the variables or input data
Fill in the blanks with correct word
Sensitivity analysis
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Secondary data come from reading what others have published, experienced, or observed
Indicate whether the statement is true or false
A firm that uses data to compare the costs of retaining customers and the costs of acquiring new customers with the goal of determining how much money each type of customer requires is using
A. predictive modeling. B. lifetime value analysis. C. recency-frequency-monetary analysis. D. demographic value analysis. E. customer segmentation analysis.
Relationships in linear programming models can be represented by:
a. Straight lines when the model has two decision variables. b. Planes when the model has three decision variables. c. Both a and b are true. d. None of the above
Jacob is in urgent need of financing for his rapidly-growing online travel business Travelmunch. As Jacob does not usually pay off his loans on time, his credit score is very low. He feels overwhelmed and thinks that it would be ideal if he receives some guidance on how to run the business. Given his situation, which of the following key sources of funding would be ideal for Jacob?
A. A commercial bank loan B. A venture capital firm C. An initial public offering D. A U.S. Small Business Administration loan