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1. Which of the following is true about EVPI

EVPI is negative if one follows the conservative strategy

It is the maximum value of the objective is all the info is avaliable

EVPI is always positive irrespective of the type of objective funcion

EVPI is zero if one follows the aggressive strategy

2. Which of the following report generated by Solver helps in what-if-analysis?

A. Limits report

B. Sensitivity report

C. Optimal report

D. Answer report

Operation Management, Management Studies

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