......................... models involve more risks and uncertainties.

Related MCQs

• ............................ models involve the allocation of resources to activities in such a way that some measure of effectiveness is optimised.
• ………..models in which the input and output variables follow a probability distribution.
• In .................. models, everything is defined and the results are certain.
• Game theory models are classified by the
• .......................... models are obtained by enlarging or reducing the size of the items.
• .........................are called mathematical models.
• Probabilistic models are also called ...........................
• ........................ models assume that the values of the variables do not change with time during a particular period.
• .......................models consider time as one of the important variable.
• Operations Research uses models to help the management in determining its .................... scientifically.