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Test Bank for Practical Management Science 6th Edition Winston / All Chapters 1 - 14 / Full Complete 2023

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Test Bank for Practical Management Science 6th Edition Winston / All Chapters 1 - 14 / Full Complete 2023

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TESTmBANKmFORmPRACTICALmMANAGEMENTmSCIENCE,m6THmEDITIONmBYmL.mWINSTON.
Truem/mFals
e

1. Modelsmthatmsuggestmamdesirablemcoursemofmactionmaremcalledmdescriptivemmodels
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
Easym|Bloom'smKnowledgemEa
sym|Bloom'smComprehension
QUESTIONmTYPE: Truem/mFalse
HASmVARIABLES: False
TOPICS: 1.1mIntroduction
OTHER: BUSPROG-CommunicationmDISC-mMathematicalmModeling
DATEmCREATED: 5/17/2017m3:39mPM
DATEmMODIFIED: 10/21/2017m8:35mPM


2. Inmmodelingmsituationsmwheremitmismnotmpossiblemtomwritemanmequationmformanmoutputminmtermsmofmthemi
nputs,mtheremmaymstillmbemammathematicalmproceduremformcalculatingmoutputsmfromminputs.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
Easym|Bloom'smKnowledgemEa
sym|Bloom'smComprehension
QUESTIONmTYPE: Truem/mFalse
HASmVARIABLES: False
TOPICS: 1.1mIntroduction
OTHER: BUSPROG-CommunicationmDISC-mMathematicalmModeling
DATEmCREATED: 5/17/2017m3:39mPM
DATEmMODIFIED: 10/21/2017m8:35mPM



Pagem1mofm216

,3. Inmamdescriptivemmodel,mthemmanagermfirstmwantsmtombuildmammodelmthatmreflectsmthemcurrentmsituation.




Pagem2mofm216

, TESTmBANKmFORmPRACTICALmMANAGEMENTmSCIENCE,m6THmEDITIONmBYmL.mWINST
ON.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Moderate
Moderatem|Bloom'smKnowledgemM
oderatem|Bloom'smComprehension




Pagem3mofm216

, TESTmBANKmFORmPRACTICALmMANAGEMENTmSCIENCE,m6THmEDITIONmBYmL.mWINST
ON.


QUESTIONmTYPE: Truem/mFalse
HASmVARIABLES: False
TOPICS: 1.4mAmSevenmStepmModelingmProcessm-
mStepm4mModelmVerification

OTHER: BUSPROG-AnalyticmDISC-mMathematicalmModeling
DATEmCREATED: 5/17/2017m3:39mPM
DATEmMODIFIED: 10/21/2017m8:35mPM


4. Onemofmthemadvantagesmofmspreadsheetmmodelsmismthatmtheymallowmmanagersmtomaskmwhat-ifmquestions.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
Easym|Bloom'smKnowledgemEa
sym|Bloom'smComprehension
QUESTIONmTYPE: Truem/mFalse
HASmVARIABLES: False
TOPICS: 1.2mAmCapitalmBudgetingmExamplem-mAnmOptimizationmModel
OTHER: BUSPROG-CommunicationmDISC-mMathematicalmModeling
DATEmCREATED: 5/17/2017m3:39mPM
DATEmMODIFIED: 10/21/2017m8:35mPM


5. Onemofmthemargumentsmthatmmanagementmsciencempractitionersmhavemusedmtomcriticizemthememphasis
monmspecificmmodelsmismthatmtheymdomnotmprovidemthemcorrectmanswer.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
Easym|Bloom'smKnowledgemEa
sym|Bloom'smComprehension
QUESTIONmTYPE: Truem/mFalse
HASmVARIABLES: False
TOPICS: 1.3mModelingmVersusmModels
OTHER: BUSPROG-CommunicationmDISC-mMathematicalmModeling
DATEmCREATED: 5/17/2017m3:39mPM
DATEmMODIFIED: 10/21/2017m8:35mPM


6. Themoverallmmodelingmprocessmtypicallymdoneminmpracticemalwaysmrequiresmsevenmsteps:mdefinemth
emproblem,mcollectmandmsummarizemdata,mdevelopmammodel,mverifymthemmodel,mselectmonemormmorems
uitable
Pagem4mofm216
Connected book
image
Wayne L. Winston, S. Christian Albright, Mark Nathan Broadie, Lawrence L. Lapin, William D. Whisler Practical Management Science
Publisher: 2006 ISBN: 9780534465124 Edition: Unknown

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