C723 - Multiple Choice Questions
1. Define problem.
2. Develop mathematical version.
Three. Prepare and input facts.
4. Find quality solution.
Five. Test answer.
6. Analyze consequences.
7. Implement answer.
The list above is the steps to which manner? - ANS-Quantitative Analysis
1. Identify the problem
2. Establish selection standards
three. Weight criteria
4. Generate alternatives
five. Evalute alternatives
6. Chose satisfactory opportunity
7. Implement the choice
eight. Evalutate the decision
These are the eight steps of what? - ANS-powerful selection making
A __________ has the subsequent traits:
1. The endeavor is outside of the ordinary or operational activities.
2. The venture is a transient endeavor.
3. The intention has a start and end date.
Four. Every challenge in the undertaking is specific to the objective or goal of the assignment. -
ANS-project
A manufacturing company is thinking about constructing either a massive or small plant in some
other country. This is an instance of what?
Expected payoff
Probability
State-of-nature
, Decision factor - ANS-Decision point - This is an example of a decision point, that's a factor at
which a dedication is made to move down one specific path among numerous alternative paths.
A quantitative analysis can gain by way of a researcher incorporating closed-ended questions to
advantage unique records. Research questions could be taken into consideration closed while
the respondent can best select a particular solution. By the usage of closed-ended questions,
the researcher can make sure statistics validity and consistency. It is commonplace for
researchers to qualify their survey questions in advance by way of validating that the responses
may be closed ended.
Using the qualified closed-ended questions will then help make certain that the real responses
from the universe of respondents will be credible and steady. How is that this possible?
A. The responses can be confined to a few by way of the researcher in advance to restrict
confusion.
B. The responses can be restricted to the shortest feasible duration to prevent difficulty.
C. The questions and responses may be certified or validated by using the researcher
beforehand.
D. The researcher can without difficulty put the re - ANS-c. The questions and responses can be
certified or established through the researcher beforehand.
At what factor throughout the selection-making process must quantitative evaluation be used?
A. During the conclusion and recommendation instruction
b. After the selection is made to validate it
c. At the beginning earlier than the selection is made
d. At the beginning of the facts series phase - ANS-c. At the beginning earlier than the selection
is made
Constructing a massive manufacturing facility in an increasing financial system will likely realise
a $2,500,000 profit in 3 years.
Which scenario is this an example of?
Decision Point
Expected Payoff
State-of-Nature - ANS-This scenario describes an anticipated payoff calculation.
Constructing a massive plant with computerized coping with equipment in a contracting financial
system will bring about a lack of $three,500,000 over three years.
Which situation is that this an instance of?
1. Define problem.
2. Develop mathematical version.
Three. Prepare and input facts.
4. Find quality solution.
Five. Test answer.
6. Analyze consequences.
7. Implement answer.
The list above is the steps to which manner? - ANS-Quantitative Analysis
1. Identify the problem
2. Establish selection standards
three. Weight criteria
4. Generate alternatives
five. Evalute alternatives
6. Chose satisfactory opportunity
7. Implement the choice
eight. Evalutate the decision
These are the eight steps of what? - ANS-powerful selection making
A __________ has the subsequent traits:
1. The endeavor is outside of the ordinary or operational activities.
2. The venture is a transient endeavor.
3. The intention has a start and end date.
Four. Every challenge in the undertaking is specific to the objective or goal of the assignment. -
ANS-project
A manufacturing company is thinking about constructing either a massive or small plant in some
other country. This is an instance of what?
Expected payoff
Probability
State-of-nature
, Decision factor - ANS-Decision point - This is an example of a decision point, that's a factor at
which a dedication is made to move down one specific path among numerous alternative paths.
A quantitative analysis can gain by way of a researcher incorporating closed-ended questions to
advantage unique records. Research questions could be taken into consideration closed while
the respondent can best select a particular solution. By the usage of closed-ended questions,
the researcher can make sure statistics validity and consistency. It is commonplace for
researchers to qualify their survey questions in advance by way of validating that the responses
may be closed ended.
Using the qualified closed-ended questions will then help make certain that the real responses
from the universe of respondents will be credible and steady. How is that this possible?
A. The responses can be confined to a few by way of the researcher in advance to restrict
confusion.
B. The responses can be restricted to the shortest feasible duration to prevent difficulty.
C. The questions and responses may be certified or validated by using the researcher
beforehand.
D. The researcher can without difficulty put the re - ANS-c. The questions and responses can be
certified or established through the researcher beforehand.
At what factor throughout the selection-making process must quantitative evaluation be used?
A. During the conclusion and recommendation instruction
b. After the selection is made to validate it
c. At the beginning earlier than the selection is made
d. At the beginning of the facts series phase - ANS-c. At the beginning earlier than the selection
is made
Constructing a massive manufacturing facility in an increasing financial system will likely realise
a $2,500,000 profit in 3 years.
Which scenario is this an example of?
Decision Point
Expected Payoff
State-of-Nature - ANS-This scenario describes an anticipated payoff calculation.
Constructing a massive plant with computerized coping with equipment in a contracting financial
system will bring about a lack of $three,500,000 over three years.
Which situation is that this an instance of?
