TESTBANKforAnIntroductiontoManagementScience:QuantitativeApproach15thEditionbyDavidAnderson,DennisgSweene
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TESTBANKforAnIntroductiontoManagementScience: Qua g
ntitative Approach 15th Edition by David Anderson, Dennis
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TestBank Page1
,TESTBANKforAnIntroductiontoManagementScience:QuantitativeApproach15thEditionbyDavidAnderson,DennisgSweene
y,gThomasgWilliamsgandgJeffreygCamm.
CH01-Introduction
True/False
1. Theprocessofdecisionmakingismorelimitedthanthatofproblemsolving.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LEARNINGOBJECTIVES:IMS.ASWC.19.01.01-1.1
NATIONALSTANDARDS:UnitedStates-BUSPROG:ReflectiveThinking
TOPICS: 1.1ProblemSolvingandDecisionMaking
KEYWORDS: Bloom's:Understand
2. Thebreakevenpointisthepointatwhichthevolumeofoutputproducedistheresultoftotalrevenueequalingtotal gcost.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LEARNINGOBJECTIVES:IMS.ASWC.19.01.04-1.4
NATIONALSTANDARDS:UnitedStates-BUSPROG:ReflectiveThinking
TOPICS: 1.4ModelsofCost,Revenue,andProfit
KEYWORDS: Bloom's:Understand
TestBank Page2
,TESTBANKforAnIntroductiontoManagementScience:QuantitativeApproach15thEditionbyDavidAnderson,DennisgSweene
y,gThomasgWilliamsgandgJeffreygCamm.
3. Problemsolvingencompassesboththeidentificationofaproblemandtheactiontoresolveit.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LEARNINGOBJECTIVES:IMS.ASWC.19.01.01-1.1
NATIONALSTANDARDS:UnitedStates-BUSPROG:ReflectiveThinking
TOPICS: 1.1ProblemSolvingandDecisionMaking
KEYWORDS: Bloom's:Remember
4. Thedecision-makingprocessincludesimplementationandsubsequentevaluationofthedecision.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
LEARNINGOBJECTIVES:IMS.ASWC.19.01.01-1.1
NATIONALSTANDARDS:UnitedStates-BUSPROG:ReflectiveThinking
TOPICS: 1.1ProblemSolvingandDecisionMaking
KEYWORDS: Bloom's:Understand
5. Mostsuccessfulquantitativeanalysismodelswilladviseseparatingthemanagementanalystfromthemanagerialteamguntilgaf
tergthegproblemghasgbeengfullygstructured.
a. True
b. False
TestBank Page3
, TESTBANKforAnIntroductiontoManagementScience:QuantitativeApproach15thEditionbyDavidAnderson,DennisgSweene
y,gThomasgWilliamsgandgJeffreygCamm.
ANSWER: False
POINTS: 1
DIFFICULTY: Moderate
LEARNINGOBJECTIVES:IMS.ASWC.19.01.03-1.3
NATIONALSTANDARDS:UnitedStates-BUSPROG:ReflectiveThinking
TOPICS: 1.3QuantitativeAnalysis
KEYWORDS: Bloom's:Understand
6. Thevalueofmakingadecisionbasedonmodelsisdependentonhowcloselythemodelrepresentstherealsituation.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LEARNINGOBJECTIVES:IMS.ASWC.19.01.03-1.3
NATIONALSTANDARDS:UnitedStates-BUSPROG:ReflectiveThinking
TOPICS: 1.3QuantitativeAnalysis
KEYWORDS: Bloom's:Understand
7. Uncontrollableinputsarethedecisionvariablesforamodel.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
LEARNINGOBJECTIVES:IMS.ASWC.19.01.03-1.3
TestBank Page4
y,gThomasgWilliamsgandgJeffreygCamm.
L
TESTBANKforAnIntroductiontoManagementScience: Qua g
ntitative Approach 15th Edition by David Anderson, Dennis
g g g g g g g g
Sweeney, Thomas Williams and Jeffrey Camm.
g g g g g
TestBank Page1
,TESTBANKforAnIntroductiontoManagementScience:QuantitativeApproach15thEditionbyDavidAnderson,DennisgSweene
y,gThomasgWilliamsgandgJeffreygCamm.
CH01-Introduction
True/False
1. Theprocessofdecisionmakingismorelimitedthanthatofproblemsolving.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LEARNINGOBJECTIVES:IMS.ASWC.19.01.01-1.1
NATIONALSTANDARDS:UnitedStates-BUSPROG:ReflectiveThinking
TOPICS: 1.1ProblemSolvingandDecisionMaking
KEYWORDS: Bloom's:Understand
2. Thebreakevenpointisthepointatwhichthevolumeofoutputproducedistheresultoftotalrevenueequalingtotal gcost.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LEARNINGOBJECTIVES:IMS.ASWC.19.01.04-1.4
NATIONALSTANDARDS:UnitedStates-BUSPROG:ReflectiveThinking
TOPICS: 1.4ModelsofCost,Revenue,andProfit
KEYWORDS: Bloom's:Understand
TestBank Page2
,TESTBANKforAnIntroductiontoManagementScience:QuantitativeApproach15thEditionbyDavidAnderson,DennisgSweene
y,gThomasgWilliamsgandgJeffreygCamm.
3. Problemsolvingencompassesboththeidentificationofaproblemandtheactiontoresolveit.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LEARNINGOBJECTIVES:IMS.ASWC.19.01.01-1.1
NATIONALSTANDARDS:UnitedStates-BUSPROG:ReflectiveThinking
TOPICS: 1.1ProblemSolvingandDecisionMaking
KEYWORDS: Bloom's:Remember
4. Thedecision-makingprocessincludesimplementationandsubsequentevaluationofthedecision.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
LEARNINGOBJECTIVES:IMS.ASWC.19.01.01-1.1
NATIONALSTANDARDS:UnitedStates-BUSPROG:ReflectiveThinking
TOPICS: 1.1ProblemSolvingandDecisionMaking
KEYWORDS: Bloom's:Understand
5. Mostsuccessfulquantitativeanalysismodelswilladviseseparatingthemanagementanalystfromthemanagerialteamguntilgaf
tergthegproblemghasgbeengfullygstructured.
a. True
b. False
TestBank Page3
, TESTBANKforAnIntroductiontoManagementScience:QuantitativeApproach15thEditionbyDavidAnderson,DennisgSweene
y,gThomasgWilliamsgandgJeffreygCamm.
ANSWER: False
POINTS: 1
DIFFICULTY: Moderate
LEARNINGOBJECTIVES:IMS.ASWC.19.01.03-1.3
NATIONALSTANDARDS:UnitedStates-BUSPROG:ReflectiveThinking
TOPICS: 1.3QuantitativeAnalysis
KEYWORDS: Bloom's:Understand
6. Thevalueofmakingadecisionbasedonmodelsisdependentonhowcloselythemodelrepresentstherealsituation.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LEARNINGOBJECTIVES:IMS.ASWC.19.01.03-1.3
NATIONALSTANDARDS:UnitedStates-BUSPROG:ReflectiveThinking
TOPICS: 1.3QuantitativeAnalysis
KEYWORDS: Bloom's:Understand
7. Uncontrollableinputsarethedecisionvariablesforamodel.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
LEARNINGOBJECTIVES:IMS.ASWC.19.01.03-1.3
TestBank Page4