Which of the following approaches is a good way to proceed with the influence di

ID: 3221862 • Letter: W

Question

Which of the following approaches is a good way to proceed with the influence diagram building for a problem?

The influence diagram is reverse engineered –the diagram is developed in the opposite direction starting with the model output

The influence diagram for the entire problem is build first and then separate portions are clustered to form separate models

The influence diagram for a portion of the problem is build first and then expanded until the total problem is conceptually modeled

The influence diagram for all the model parts at the same level are built in parallel to reduce the likelihood of error

1 points

QUESTION 6

With reference to a what-if model, an uncontrollable model input is known as a(n) _____

outlier

dummy variable

Parameter

decision variable

1 points

QUESTION 7

A(n) _____ refers to a model input that the decision maker can control in a what-if model

decision variable

parameter

dummy variable

outlier

The influence diagram is reverse engineered –the diagram is developed in the opposite direction starting with the model output

The influence diagram for the entire problem is build first and then separate portions are clustered to form separate models

The influence diagram for a portion of the problem is build first and then expanded until the total problem is conceptually modeled

The influence diagram for all the model parts at the same level are built in parallel to reduce the likelihood of error

C. The influence diagram for a portion of the problem is build first and then expanded until the total problem is conceptually modeled.

B. dummy variable.

A. decision variable.

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