Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 4 out of 258 pages
Exam (elaborations)

TEST BANK FOR PRACTICAL MANAGEMENT SCIENCE, 6TH EDITION

Document preview thumbnail
Preview 4 out of 258 pages

TEST BANK FOR PRACTICAL MANAGEMENT SCIENCE, 6TH EDITION TEST BANK FOR PRACTICAL MANAGEMENT SCIENCE, 6TH EDITION

Content preview

TEST BANK FOR PRACTICAL MANAGEMENT SCIENCE, 6TH EDITION BY
L. WINSTON.
True / False



1. Models That Suggest A Desirable Course Of Action Are Called Descriptive Models

A. True

B. False

ANSWER: False

POINTS 1

DIFFICULTY: Easy

Easy |Bloom's Knowledge Easy

|Bloom's Comprehension

QUESTION TYPE: True / False

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

ANSWER: True

POINTS 1

DIFFICULTY: Easy

Easy |Bloom's Knowledge Easy |Bloom's Comprehension

,QUESTION TYPE: True / False

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



3. In A Descriptive Model, The Manager First Wants To Build A Model That Reflects The Current
Situation.



A. True

B. False

ANSWER: True

POINTS 1

DIFFICULTY: Moderate

Moderate |Bloom's Knowledge Moderate |Bloom's Comprehension

QUESTION TYPE: True / False

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

ANSWER: True

POINTS 1

,DIFFICULTY: Easy

Easy |Bloom's Knowledge Easy |Bloom's Comprehension

QUESTION TYPE: True / False

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

ANSWER: False

POINTS 1

DIFFICULTY: Easy

Easy |Bloom's Knowledge Easy |Bloom's Comprehension

QUESTION TYPE: True / False

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

, B. False

ANSWER: False

POINTS 1

DIFFICULTY: Easy

Easy |Bloom's Knowledge Easy |Bloom's Comprehension

QUESTION TYPE: True / False

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

ANSWER: False

POINTS 1

DIFFICULTY: Easy

Easy |Bloom's Knowledge Easy |Bloom's Comprehension

QUESTION TYPE: True / False

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

DATE MODIFIED: 10/21/2017 8:35 PM



8. In Some Applications, An Analyst Might Present Several Alternative Solutions From A Model,
And Let The Organization Choose The Best One.

Document information

Uploaded on
November 7, 2024
Number of pages
258
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers
$14.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
NURSEBARTONCLARA
4.1
(12)
Sold
158
Followers
3
Items
233
Last sold
1 week ago


Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions