TEST BANK
T/F
1. Models that suggest a desirable course of action are called descriptive models
a. True
b. False
ANS: False
POINTS: 1
DIF: Easy
Easy |Bloom's Knowledge
Easy |Bloom's Comprehension
QUESTION TYPE: T/F
HAS VARIABLES: False
TOPICS: 1.1 Introduction
OTHER: BUSPROG-Communication DISC- Mathematical Modeling
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM
2. In modeling situations where it is not possible to write an equation for an output in terms of the_ inputs, there may still
be a mathematical procedure for calculating outputs from inputs.
a. True
b. False
ANS: True
POINTS: 1
DIF: Easy
Easy |Bloom's Knowledge
Easy |Bloom's Comprehension
QUESTION TYPE: T/F
HAS VARIABLES: False
TOPICS: 1.1 Introduction
1
,TEST BANK
OTHER: BUSPROG-Communication DISC- Mathematical Modeling
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM
3. In a descriptive model, the_ manager first wants to build a model that reflects the_ current situation.
a. True
b. False
ANS: True
POINTS: 1
DIF: Moderate
Moderate |Bloom's Knowledge
Moderate |Bloom's Comprehension
QUESTION TYPE: T/F
HAS VARIABLES: False
TOPICS: 1.4 A Seven Step Modeling Process - Step 4 Model Verification
OTHER: BUSPROG-Analytic DISC- Mathematical Modeling
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM
4. One of the_ advantages of spreadsheet models is that they allow managers to ask what-if questions.
a. True
b. False
ANS: True
POINTS: 1
DIF: Easy
Easy |Bloom's Knowledge
2
,TEST BANK
Easy |Bloom's Comprehension
QUESTION TYPE: T/F
HAS VARIABLES: False
TOPICS: 1.2 A Capital Budgeting Example - An Optimization Model
OTHER: BUSPROG-Communication DISC- Mathematical Modeling
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM
5. One of the_ arguments that management science practitioners have used to criticize the_ emphasis on specific models is
that they do not provide the_ correct answer.
a. True
b. False
ANS: False
POINTS: 1
DIF: Easy
Easy |Bloom's Knowledge
Easy |Bloom's Comprehension
QUESTION TYPE: T/F
HAS VARIABLES: False
TOPICS: 1.3 Modeling Versus Models
OTHER: BUSPROG-Communication DISC- Mathematical Modeling
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM
6. The_ overall modeling process typically done in practice always requires seven steps: define the_ problem, collect and
summarize data, develop a model, verify the_ model, select one or more suitable decisions, present the_ results to the_
organization, and finally implement the_ model and update it through time.
a. True
3
, TEST BANK
b. False
ANS: False
POINTS: 1
DIF: Easy
Easy |Bloom's Knowledge
Easy |Bloom's Comprehension
QUESTION TYPE: T/F
HAS VARIABLES: False
TOPICS: 1.1 Introduction
OTHER: BUSPROG-Communication DISC- Mathematical Modeling
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM
7. Modeling is a process where the_ essence of a theoretical problem is extracted into a model, spreadsheet or otherwise.
a. True
b. False
ANS: False
POINTS: 1
DIF: Easy
Easy |Bloom's Knowledge
Easy |Bloom's Comprehension
QUESTION TYPE: T/F
HAS VARIABLES: False
TOPICS: 1.4 A Seven Step Modeling Process - Step 1 Problem
Definition
OTHER: BUSPROG-Communication DISC- Mathematical Modeling
DATE CREATED: 5/17/2017 3:39 PM
4
T/F
1. Models that suggest a desirable course of action are called descriptive models
a. True
b. False
ANS: False
POINTS: 1
DIF: Easy
Easy |Bloom's Knowledge
Easy |Bloom's Comprehension
QUESTION TYPE: T/F
HAS VARIABLES: False
TOPICS: 1.1 Introduction
OTHER: BUSPROG-Communication DISC- Mathematical Modeling
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM
2. In modeling situations where it is not possible to write an equation for an output in terms of the_ inputs, there may still
be a mathematical procedure for calculating outputs from inputs.
a. True
b. False
ANS: True
POINTS: 1
DIF: Easy
Easy |Bloom's Knowledge
Easy |Bloom's Comprehension
QUESTION TYPE: T/F
HAS VARIABLES: False
TOPICS: 1.1 Introduction
1
,TEST BANK
OTHER: BUSPROG-Communication DISC- Mathematical Modeling
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM
3. In a descriptive model, the_ manager first wants to build a model that reflects the_ current situation.
a. True
b. False
ANS: True
POINTS: 1
DIF: Moderate
Moderate |Bloom's Knowledge
Moderate |Bloom's Comprehension
QUESTION TYPE: T/F
HAS VARIABLES: False
TOPICS: 1.4 A Seven Step Modeling Process - Step 4 Model Verification
OTHER: BUSPROG-Analytic DISC- Mathematical Modeling
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM
4. One of the_ advantages of spreadsheet models is that they allow managers to ask what-if questions.
a. True
b. False
ANS: True
POINTS: 1
DIF: Easy
Easy |Bloom's Knowledge
2
,TEST BANK
Easy |Bloom's Comprehension
QUESTION TYPE: T/F
HAS VARIABLES: False
TOPICS: 1.2 A Capital Budgeting Example - An Optimization Model
OTHER: BUSPROG-Communication DISC- Mathematical Modeling
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM
5. One of the_ arguments that management science practitioners have used to criticize the_ emphasis on specific models is
that they do not provide the_ correct answer.
a. True
b. False
ANS: False
POINTS: 1
DIF: Easy
Easy |Bloom's Knowledge
Easy |Bloom's Comprehension
QUESTION TYPE: T/F
HAS VARIABLES: False
TOPICS: 1.3 Modeling Versus Models
OTHER: BUSPROG-Communication DISC- Mathematical Modeling
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM
6. The_ overall modeling process typically done in practice always requires seven steps: define the_ problem, collect and
summarize data, develop a model, verify the_ model, select one or more suitable decisions, present the_ results to the_
organization, and finally implement the_ model and update it through time.
a. True
3
, TEST BANK
b. False
ANS: False
POINTS: 1
DIF: Easy
Easy |Bloom's Knowledge
Easy |Bloom's Comprehension
QUESTION TYPE: T/F
HAS VARIABLES: False
TOPICS: 1.1 Introduction
OTHER: BUSPROG-Communication DISC- Mathematical Modeling
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM
7. Modeling is a process where the_ essence of a theoretical problem is extracted into a model, spreadsheet or otherwise.
a. True
b. False
ANS: False
POINTS: 1
DIF: Easy
Easy |Bloom's Knowledge
Easy |Bloom's Comprehension
QUESTION TYPE: T/F
HAS VARIABLES: False
TOPICS: 1.4 A Seven Step Modeling Process - Step 1 Problem
Definition
OTHER: BUSPROG-Communication DISC- Mathematical Modeling
DATE CREATED: 5/17/2017 3:39 PM
4
