Any optimization model is completely deterministic,that is,no inherent risk exists in using the optimal solution obtained from the model.

Question

Quizplus · Accepted Answer

This statement is false. There may be inherent risk associated with the optimal solution obtained from the model, such as uncertainty in input parameters or unexpected changes in the environment. It is important to properly consider and mitigate these risks in the decision-making process.

Any Optimization Model Is Completely Deterministic,that Is,no Inherent Risk Exists