Two conditions must be met by factors selected to evaluate location decisions: the factors must have a high impact on the company's ability to meet its goals and the factors themselves must be affected by the location decision

All of the following are sufficient indications to accept a project EXCEPT (assume that there is no

capital rationing constraint, and no consideration is given to payback as a decision tool) A) the net present value of an independent project is positive. B) the IRR of a mutually exclusive project exceeds the required rate of return. C) the NPV of a mutually exclusive project is positive and exceeds that of all other projects. D) the profitability index of an independent project exceeds one.

Simulation is not strictly a type of model; models generally represent reality, whereas simulation typically ________ it

Fill in the blanks with correct word