weeney,bThomasbWilliamsbandbJeffreybCamm.
L
TEST BANK for An Introduction to Management Science:Qua
b b b b b b b b
ntitative Approach 15th Edition by David Anderson, Dennis Sw
b b b b b b b b
eeney, Thomas Williams and Jeffrey Camm.
b b b b b
TestbBank Pageb1
,TESTbBANKbforbAnbIntroductionbtobManagementbScience:bQuantitativebApproachb15thbEditionbbybDavidbAnderson,bDennisbS
weeney,bThomasbWilliamsbandbJeffreybCamm.
CH 01 - Introduction
b b b
Trueb/bFalse
1. Thebprocessbofbdecisionbmakingbisbmoreblimitedbthanbthatbofbproblembsolving.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LEARNINGbOBJECTIVES:b IMS.ASWC.19.01.01b-b1.1
NATIONALbSTANDARDS:bUnitedbStatesb-bBUSPROG:bReflectivebThinking
TOPICS: 1.1bProblembSolvingbandbDecisionbMaking
KEYWORDS: Bloom's:bUnderstand
2. Thebbreakevenbpointbisbthebpointbatbwhichbthebvolumebofboutputbproducedbisbthebresultbofbtotalbrevenuebequalingbtotalbc
ost.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LEARNINGbOBJECTIVES:b IMS.ASWC.19.01.04b-b1.4
NATIONALbSTANDARDS:bUnitedbStatesb-bBUSPROG:bReflectivebThinking
TOPICS: 1.4bModelsbofbCost,bRevenue,bandbProfit
KEYWORDS: Bloom's:bUnderstand
TestbBank Pageb2
,TESTbBANKbforbAnbIntroductionbtobManagementbScience:bQuantitativebApproachb15thbEditionbbybDavidbAnderson,bDennisbS
weeney,bThomasbWilliamsbandbJeffreybCamm.
3. Problembsolvingbencompassesbbothbthebidentificationbofbabproblembandbthebactionbtobresolvebit.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LEARNINGbOBJECTIVES:b IMS.ASWC.19.01.01b-b1.1
NATIONALbSTANDARDS:bUnitedbStatesb-bBUSPROG:bReflectivebThinking
TOPICS: 1.1bProblembSolvingbandbDecisionbMaking
KEYWORDS: Bloom's:bRemember
4. Thebdecision-makingbprocessbincludesbimplementationbandbsubsequentbevaluationbofbthebdecision.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
LEARNINGbOBJECTIVES:b IMS.ASWC.19.01.01b-b1.1
NATIONALbSTANDARDS:bUnitedbStatesb-bBUSPROG:bReflectivebThinking
TOPICS: 1.1bProblembSolvingbandbDecisionbMaking
KEYWORDS: Bloom's:bUnderstand
5. Mostbsuccessfulbquantitativebanalysisbmodelsbwillbadvisebseparatingbthebmanagementbanalystbfrombthebmanagerialbteamb
untilbafterbthebproblembhasbbeenbfullybstructured.
a. True
b. False
TestbBank Pageb3
, TESTbBANKbforbAnbIntroductionbtobManagementbScience:bQuantitativebApproachb15thbEditionbbybDavidbAnderson,bDennisbS
weeney,bThomasbWilliamsbandbJeffreybCamm.
ANSWER: False
POINTS: 1
DIFFICULTY: Moderate
LEARNINGbOBJECTIVES:b IMS.ASWC.19.01.03b-b1.3
NATIONALbSTANDARDS:bUnitedbStatesb-bBUSPROG:bReflectivebThinking
TOPICS: 1.3bQuantitativebAnalysis
KEYWORDS: Bloom's:bUnderstand
6. Thebvaluebofbmakingbabdecisionbbasedbonbmodelsbisbdependentbonbhowbcloselybthebmodelbrepresentsbthebrealbsituation.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LEARNINGbOBJECTIVES:b IMS.ASWC.19.01.03b-b1.3
NATIONALbSTANDARDS:bUnitedbStatesb-bBUSPROG:bReflectivebThinking
TOPICS: 1.3bQuantitativebAnalysis
KEYWORDS: Bloom's:bUnderstand
7. Uncontrollablebinputsbarebthebdecisionbvariablesbforbabmodel.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
LEARNINGbOBJECTIVES:b IMS.ASWC.19.01.03b-b1.3
TestbBank Pageb4