Scenario 01
Scenario 01 : (ICT) A modeling term. A 'scenario' is a model of something with the data set to certain values. For instance a spreadsheet might have a scenario that models a profitable business. The data might be 'profit margin', 'turnover', 'fixed cost', 'variable cost'. Then the user sets up different scenarios by adjusting a data value and see what the is the outcome. A common description of this is a 'What-if scenario'. In larger models such as climate change models running on super-computers, they too would use 'what-if scenarios
No records Found