Describe what sensitivity analysis is and how it can be used

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Reference no: EM131065497

1) Life Cycle Assessment - Suppose that you are an Engineering Manager at an architectural firm in Platteville. You are asked to generate an LCA scope document for two competing floor coverings, granite tile from Italy and wood flooring produced in Canada. Write a scope that includes the stages of the LCA, the functional unit, and any other pertinent information one might need.

2) Describe what sensitivity analysis is and how it can be used. As part of your solution, give an engineering situation where sensitivity analysis can be used and be sure to clearly describe how it would be used. You don't need to discuss the mechanics of how one performs the analysis but instead why it would be used and what a manager might look for.

3) What are Monte Carlo simulations and can you think of a way to use these simulations to approximate the value of pi? Write several sentences to provide clear answers to these two questions and clearly describe how the simulations would produce the numerical value of pi.

Reference no: EM131065497

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