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Sensitivity Analysis and Continuous Improvement
1.How does sensitivity analysis relate to contingency planning? What are several risk mitigation strategies that you could implement to desensitize these variables?
2.What are key elements of quality management? How are quality imperative and continuous improvement related to strategic and operational control?
3. Is it realistic that a commitment to continuous improvement could actually replace operational controls? Strategic controls?
Could each of these questions be answered individually so I can understand? Thank you. I appreciate your help!