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introduction to management science:a modelling and case study approach

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introduction to management science:a modelling and case study approach

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introduction to management science:a
modelling and case study approach

which of the following are components of a mathematical model for decision
making?
a. decision variables
b. an objective function
c. constraints
d. parameters
e. all of these - answer-all of these


the rapid development of the management science discipline can be credited in
part to:
a. world war i.
b. george dantzig.
c. the computer revolution.
d. b. and c. only.
e. a., b., and c. - answer-b. and c. only


managers may base their decisions on which of the following?
a. quantitative factors
b. their best judgement
c. opinions from other managers
d. past experience

, Page 2 of 15


e. all of these - answer-all of these


which of the following are steps in a typical management science study?
a. define the problem and gather data
b. formulate a model to represent the problem
c. test the model and refine it as needed
d. help to implement the recommendations
e. all of these - answer-all of these


which of the following is a mathematical expression that gives the measure of the
performance for the problem? - answer-objective function


which of the following is a constant in a mathematical model? - answer-
parameter


which of the following is an inequality or equation that expresses a restriction in a
mathematical model? - answer-constraint


a manager should know the following things about linear programming.
a. what it is
b. when it should be used
c. when it should not be used
d. how to interpret the results of a study
e. all of these - answer-all of these

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