Practice - Sensitivity Analysis
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Practice Questions
Test your understanding with targeted questions
Define sensitivity analysis in your own words.
💡 Hint: Think about how altering one factor changes outcomes.
What happens when a criterion's weight changes dramatically?
💡 Hint: Consider the stability of your decision outcomes.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is the main purpose of sensitivity analysis?
💡 Hint: What do you assess when checking for ranking shifts?
True or False: Sensitivity analysis is only relevant when developing physical products.
💡 Hint: Consider decision-making broadly; does it apply only to products?
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Challenge Problems
Push your limits with advanced challenges
You have a decision matrix for selecting a lightweight backpack. Explain how you'd assess the impact of increasing the durability criterion by 15% on the final rankings.
💡 Hint: Focus on numerical outcomes and their interpretations.
Reflect on the implications of a substantial change in ranking for a key concept in your project. How would you proceed post-analysis?
💡 Hint: Think about group dynamics and critical evaluation.
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