Modeling is used as way to reduce costs

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Modeling is used as a way to reduce costs, save time and minimize risk. Do you think there are any circumstances where modeling may be more expensive, more time-consuming or involve more risk? Be specific in your explanation.

Reference no: EM13316463

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More expensive-more time-consuming or involve more risk : According to the text, modeling is used as a way to reduce costs, save time and minimize risk. Do you think there are any circumstances where modeling may be more expensive, more time-consuming or involve more risk? Be specific in your explanation.
Modeling is used as way to reduce costs : Modeling is used as a way to reduce costs, save time and minimize risk. Do you think there are any circumstances where modeling may be more expensive, more time-consuming or involve more risk? Be specific in your explanation.
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