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ENGINEERINGECONOMICSECO1192AThirdPartialExaminationCThoretFall2005ANSWERSPlease Note1You have 75 minutes to complete Partial Examination 3 which consists of 25 multiple choice questions2All questions must be answered on the Scantron sheet3Please indicate your name student number and course number on the front of the Scantron sheetFailure to provide this information could result in the cancellation of your Partial Examination4Correct answers are worth one 1 point and incorrect answers zero 05You MUST show your University of Ottawa ID card as you handin the answer sheet1The process of examining the impact on a summary measure eg Future Worth of changing one project parameter at a time includes a Sensitivity plots and breakeven analysesb Breakeven analyses and scenario analysesc Scenario analyses and sensitivity plotsd None of the above answers2Breakeven analyses allow an analyst to examine the sensitivity of a summary measure eg Future Worth to concurrent together changes to all project parameters a Trueb False3In an uncertain environment the decisionmaker has sufficient information to determine the probability of occurrence of future events or outcomes1
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