Intel uses a forecasting model for potential demand for its…

Intel uses a forecasting model for potential demand for its chip designs in which they calculate the likelihood of a range of potential demand levels and they established a computer simulation of a production plant. From these models, they gather the information to identify what equipment they definitely will need to order. This helps with pricing as well. What kind of investment analysis tool are they using?

A manager might insist that separating a decision into multi…

A manager might insist that separating a decision into multiple parts will guarantee that the decisions made will turn out well. This allows for an assessment of the project at each stage, lessening the likelihood the project will fall prey to which of the following?