Introduction to Management Kindle Edition by Richard Pettinger (Author)

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 Page 1

,TEST BANK for An Introduction to Management Science: Quantitative Approach 15th Edition by David Anderson, Dennis
Sweeney, Thomas Williams and Jeffrey Camm.
TEST BANK for An Introduction to Management Science:
26 26 26 26 26 26 26



26 Quantitative Approach 15th Edition by David Anderson,
26 26 26 26 26 26 26



Dennis Sweeney, Thomas Williams and Jeffrey Camm.
26 26 26 26 26 26




Test Bank Page 2

,TEST BANK for An Introduction to Management Science: Quantitative Approach 15th Edition by David Anderson, Dennis
Sweeney, Thomas Williams and Jeffrey Camm.
CH260126-26Introduction

True26/26False



1. The26process26of26decision26making26is26more26limited26than26that26of26problem26solving.

a. True

b. False

ANSWER: True

POINTS: 1

DIFFICULTY: Easy

LEARNING26OBJECTIVES:2 6 IMS.ASWC.19.01.0126-261.1

NATIONAL26STANDARDS:2 6 United26States26-26BUSPROG:26Reflective26Thinking

TOPICS: 1.126Problem26Solving26and26Decision26Making

KEYWORDS: Bloom's:26Understand



2. The26breakeven26point26is26the26point26at26which26the26volume26of26output26produced26is26the26result26of26total26reven

ue26equaling26total26cost.

a. True

b. False

ANSWER: True

POINTS: 1

DIFFICULTY: Easy

LEARNING26OBJECTIVES:2 6 IMS.ASWC.19.01.0426-261.4

NATIONAL26STANDARDS:2 6 United26States26-26BUSPROG:26Reflective26Thinking

TOPICS: 1.426Models26of26Cost,26Revenue,26and26Profit

KEYWORDS: Bloom's:26Understand




Test Bank Page 3

, TEST BANK for An Introduction to Management Science: Quantitative Approach 15th Edition by David Anderson, Dennis
Sweeney, Thomas Williams and Jeffrey Camm.
3. Problem26solving26encompasses26both26the26identification26of26a26problem26and26the26action26to26resolve26it.

a. True

b. False

ANSWER: True

POINTS: 1

DIFFICULTY: Easy

LEARNING26OBJECTIVES:2 6 IMS.ASWC.19.01.0126-261.1

NATIONAL26STANDARDS:2 6 United26States26-26BUSPROG:26Reflective26Thinking

TOPICS: 1.126Problem26Solving26and26Decision26Making

KEYWORDS: Bloom's:26Remember



4. The26decision-making26process26includes26implementation26and26subsequent26evaluation26of26the26decision.

a. True

b. False

ANSWER: False

POINTS: 1

DIFFICULTY: Easy

LEARNING26OBJECTIVES:2 6 IMS.ASWC.19.01.0126-261.1


NATIONAL26STANDARDS:2 6 United26States26-26BUSPROG:26Reflective26Thinking

TOPICS: 1.126Problem26Solving26and26Decision26Making

KEYWORDS: Bloom's:26Understand



5. Most26successful26quantitative26analysis26models26will26advise26separating26the26management26analyst26from26the26mana

gerial26team26until26after26the26problem26has26been26fully26structured.

a. True

b. False


Test Bank Page 4