9/29/25, 6:30 PM MSIS 3223 Final Exam Oklahoma State EXAM comprehensive questions and verified answers ACTUAL EXAM 2025 TEST!! Grade…
MSIS 3223 Final Exam Oklahoma State EXAM
comprehensive questions and verified answers
ACTUAL EXAM 2025 TEST!! Graded A+ |
2025|2026 EXAM UPDATE
Save
Terms in this set (62)
Total Cost =Fixed Cost + Variable Cost * Quantity Produced
A visual representation of a descriptive model that
Influence Diagram shows how the elements of the model influence, or
relate to, others.
Revenue = Price * Quantity Sold
Gross Profit = Sales - Cost of Goods Sold
= Admin Expenses + Selling Expenses + Depreciation
Operating Expenses
Expenses
Net Operating Income = Gross Profit - Operating Expenses
Earnings Before Taxes = Net Operating Income - Interest Expense
Net Income = Earnings Before Taxes - Taxes
Spreadsheet Engineering The process of building spreadsheet models
The process of ensuring that a model is accurate and
Verification
free from logical errors.
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, 9/29/25, 6:30 PM MSIS 3223 Final Exam Oklahoma State EXAM comprehensive questions and verified answers ACTUAL EXAM 2025 TEST!! Grade…
An Excel tool that allows you to define acceptable
input values in a spreadsheet and provides and error
alert if an invalid entry is made
Data Validation
-Data > Data Tools
-Select the cell range, click Data Validation
-Specify the criteria that Excel will use to flag invalid
data.
Single-Period Purchase One-Time purchase decisions often must be made in
Decisions the face of uncertain demand.
Theses kind of models focus on understanding the
Predictive Models
future.
The process of projecting and summarizing a
Cash Budgeting company's cash inflows and outflows expected during
a planning horizon, usually 6 to 12 months.
Concerned with scheduling the activities of a project
Project Management
involving interrelated activities.
The longest path through the network defines the
Critical Path
minimum project completion time is called the...
Predictive models are often called ____________ .
-Specifies a set of decision variables, numerical
Optimization Models quantities that represent the decision options from
which to choose.
-Specifies an objective function and constraints.
Spreadsheet models that allow you to easily evaluate
What-If Analysis what-if questions by changing input values and
recalculating model outputs.
_______ _________ summarize the impact of one or two
Data Tables
inputs on a specified output.
Evaluates an output variable over a range of values
One-Way Data Table
for a single input variable.
https://quizlet.com/1084402966/msis-3223-final-exam-oklahoma-state-exam-comprehensive-questions-and-verified-answers-actual-exam-2025-test-gr… 2/6
MSIS 3223 Final Exam Oklahoma State EXAM
comprehensive questions and verified answers
ACTUAL EXAM 2025 TEST!! Graded A+ |
2025|2026 EXAM UPDATE
Save
Terms in this set (62)
Total Cost =Fixed Cost + Variable Cost * Quantity Produced
A visual representation of a descriptive model that
Influence Diagram shows how the elements of the model influence, or
relate to, others.
Revenue = Price * Quantity Sold
Gross Profit = Sales - Cost of Goods Sold
= Admin Expenses + Selling Expenses + Depreciation
Operating Expenses
Expenses
Net Operating Income = Gross Profit - Operating Expenses
Earnings Before Taxes = Net Operating Income - Interest Expense
Net Income = Earnings Before Taxes - Taxes
Spreadsheet Engineering The process of building spreadsheet models
The process of ensuring that a model is accurate and
Verification
free from logical errors.
https://quizlet.com/1084402966/msis-3223-final-exam-oklahoma-state-exam-comprehensive-questions-and-verified-answers-actual-exam-2025-test-gr… 1/6
, 9/29/25, 6:30 PM MSIS 3223 Final Exam Oklahoma State EXAM comprehensive questions and verified answers ACTUAL EXAM 2025 TEST!! Grade…
An Excel tool that allows you to define acceptable
input values in a spreadsheet and provides and error
alert if an invalid entry is made
Data Validation
-Data > Data Tools
-Select the cell range, click Data Validation
-Specify the criteria that Excel will use to flag invalid
data.
Single-Period Purchase One-Time purchase decisions often must be made in
Decisions the face of uncertain demand.
Theses kind of models focus on understanding the
Predictive Models
future.
The process of projecting and summarizing a
Cash Budgeting company's cash inflows and outflows expected during
a planning horizon, usually 6 to 12 months.
Concerned with scheduling the activities of a project
Project Management
involving interrelated activities.
The longest path through the network defines the
Critical Path
minimum project completion time is called the...
Predictive models are often called ____________ .
-Specifies a set of decision variables, numerical
Optimization Models quantities that represent the decision options from
which to choose.
-Specifies an objective function and constraints.
Spreadsheet models that allow you to easily evaluate
What-If Analysis what-if questions by changing input values and
recalculating model outputs.
_______ _________ summarize the impact of one or two
Data Tables
inputs on a specified output.
Evaluates an output variable over a range of values
One-Way Data Table
for a single input variable.
https://quizlet.com/1084402966/msis-3223-final-exam-oklahoma-state-exam-comprehensive-questions-and-verified-answers-actual-exam-2025-test-gr… 2/6
