Q195
In which of the following types of analysis, the goal is to find the optimum value for one or more target variables, given certain constraints?
A.
what if analysis
B.
optimization
AnswerC.
Goal seeking analysis
D.
None of these
Answer: Option B
Solution
Answer: Option B
Solution:
In optimization types of analysis, the goal is to find the optimum value for one or more target variables, given certain constraints. Optimization Analysis is a more complex extension of goal-seeking analysis. Instead of setting a specific target value for a variable, the goal is to find the optimum value for one or more target variables, given certain constraints.