Test Bank for an Introduction to Management Science Quantitative Approach 15th Edition (Cengage, 2018) by Anderson, Sweeney and Thomas, Isbn no; 9781337406529, all Chapters Covered

TEST BANK for An Introduction to Management Science: Quantitative Approach 15th Edition by David Anderson, Dennis
Sweeney, Thomas Williams and Jeffrey Camm.
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TEST BANK for An Introduction to Management Science:
Quantitative Approach 15th Edition by David Anderson,
Dennis Sweeney, Thomas Williams and Jeffrey Camm.




Test Bank Page 1

,TESTs2BANKs2fors2Ans2Introductions2tos2Managements2Science:s2Quantitatives2Approachs215ths2Editions2bys2Davids2Ande
rson,s2Denniss2Sweeney,s2Thomass2Williamss2ands2Jeffreys2Camm.
CH 01 - Introduction

True / False



1. The process of decision making is more limited than that of problem solving.

a. True

b. False

ANSWER: True

POINTS: 1

DIFFICULTY: Easy

LEARNING OBJECTIVES: IMS.ASWC.19.01.01 - 1.1

NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking

TOPICS: 1.1 Problem Solving and Decision Making

KEYWORDS: Bloom's: Understand



2. The breakeven point is the point at which the volume of output produced is the result of total revenue equaling total

cost.

a. True

b. False

ANSWER: True

POINTS: 1

DIFFICULTY: Easy

LEARNING OBJECTIVES: IMS.ASWC.19.01.04 - 1.4

NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking

TOPICS: 1.4 Models of Cost, Revenue, and Profit

KEYWORDS: Bloom's: Understand




Tests2Ban Pages22
k

,TESTs2BANKs2fors2Ans2Introductions2tos2Managements2Science:s2Quantitatives2Approachs215ths2Editions2bys2Davids2Ande
rson,s2Denniss2Sweeney,s2Thomass2Williamss2ands2Jeffreys2Camm.
3. Problems2solvings2encompassess2boths2thes2identifications2ofs2as2problems2ands2thes2actions2tos2resolves2it.

a. True

b. False

ANSWER: True

POINTS: 1

DIFFICULTY: Easy

LEARNINGs2OBJECTIVES:s 2 IMS.ASWC.19.01.01s2-s21.1

NATIONALs2STANDARDS:s 2 Uniteds2Statess2-s2BUSPROG:s2Reflectives2Thinking

TOPICS: 1.1s2Problems2Solvings2ands2Decisions2Making

KEYWORDS: Bloom's:s2Remember



4. Thes2decision-makings2processs2includess2implementations2ands2subsequents2evaluations2ofs2thes2decision.

a. True

b. False

ANSWER: False

POINTS: 1

DIFFICULTY: Easy

LEARNINGs2OBJECTIVES:s 2 IMS.ASWC.19.01.01s2-s21.1


NATIONALs2STANDARDS:s 2 Uniteds2Statess2-s2BUSPROG:s2Reflectives2Thinking

TOPICS: 1.1s2Problems2Solvings2ands2Decisions2Making

KEYWORDS: Bloom's:s2Understand



5. Mosts2successfuls2quantitatives2analysiss2modelss2wills2advises2separatings2thes2managements2analysts2froms2thes2man

agerials2teams2untils2afters2thes2problems2hass2beens2fullys2structured.

a. True

b. False


Tests2Ban Pages23
k

, TESTs2BANKs2fors2Ans2Introductions2tos2Managements2Science:s2Quantitatives2Approachs215ths2Editions2bys2Davids2Ande
rson,s2Denniss2Sweeney,s2Thomass2Williamss2ands2Jeffreys2Camm.
ANSWER: False

POINTS: 1

DIFFICULTY: Moderate

LEARNINGs2OBJECTIVES:s 2 IMS.ASWC.19.01.03s2-s21.3

NATIONALs2STANDARDS:s 2 Uniteds2Statess2-s2BUSPROG:s2Reflectives2Thinking

TOPICS: 1.3s2Quantitatives2Analysis

KEYWORDS: Bloom's:s2Understand



6. Thes2values2ofs2makings2as2decisions2baseds2ons2modelss2iss2dependents2ons2hows2closelys2thes2models2representss2thes2reals
2situation.


a. True

b. False

ANSWER: True

POINTS: 1

DIFFICULTY: Easy

LEARNINGs2OBJECTIVES:s 2 IMS.ASWC.19.01.03s2-s21.3

NATIONALs2STANDARDS:s 2 Uniteds2Statess2-s2BUSPROG:s2Reflectives2Thinking

TOPICS: 1.3s2Quantitatives2Analysis

KEYWORDS: Bloom's:s2Understand



7. Uncontrollables2inputss2ares2thes2decisions2variabless2fors2as2model.

a. True

b. False

ANSWER: False

POINTS: 1

DIFFICULTY: Easy

LEARNINGs2OBJECTIVES:s 2 IMS.ASWC.19.01.03s2-s21.3

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