What is the name of a decision support tool that asks what-if questions repeatedly to predict outcomes in a variety of situations?

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BlackTom AI · Accepted Answer

The question asks: 'What is the name of a decision support tool that asks what-if questions repeatedly to predict outcomes in a variety of situations?'

Option availability: In this instance, no answer options are provided to evaluate against. Therefore, we cannot compare multiple choices directly.

Concept clarification: When a decision-support context involves repeatedly posing what-if questions to explore how changes in inputs affect outcomes across different scenarios, the underlying idea is to examine how sensitive outcomes are to parameter changes. This aligns closely with the concept of sensitivity analysis, which systematically varies inputs to observe resulting changes in outputs, helping assess risk and robustness.

Why sensitivity analysis fits the description: By its nature, sensitivity analysis explores how different input values influence results, effectively answering questions like 'What happens if this input increases or decreases?' across a range of possibilities. This repeated querying across varied scenarios is characteristic of sensitivity analysis used in decision support.

Potential nuances: It’s worth noting that in practice, other related tools such as scenario analysis or what-if analysis are also employed to imagine different futures. Scenario analysis typically models a discrete set of comprehensive future states (e.g., best case, worst case), while what-if analysis is a broader term for exploring hypothetical inputs. Sensitivity analysis, specifically, emphasizes how changes in one or more inputs drive changes in outputs, often in a more systematic, quantitative way.

In summary, given the description of repeatedly asking what-if questions to foresee outcomes across various situations, sensitivity analysis is a well-aligned concept, as it focuses on understanding the impact of input variations on results. The absence of provided alternatives prevents a definitive option-by-option evaluation, but the stated answer captures the core idea of the described tool.

ISA201_D_202610 Final Exam Spring 2025

What is the name of a decision support tool that asks what-if questions repeatedly to predict outcomes in a variety of situations?

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