Test Bank for Practical Management Science 6th Edition by Wayne L. Winston/S. Christian Albright|| All Chapters 1-14, UPDATED VERSION

Test Bank

Practical Management Science
By Wayne L. Winston/S. Christian Albright

6th edition




Page 1 of 391

, 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.
Page 2 of 391

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




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

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




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
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