COMPLETE TEST BANK
Practical Management Science 6th Edition
by Wayne Winston, S. Albright
,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
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
,3. In a descriptive model, the manager first wants to build a model that reflects the current
situation.
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
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
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
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
Practical Management Science 6th Edition
by Wayne Winston, S. Albright
,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
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
,3. In a descriptive model, the manager first wants to build a model that reflects the current
situation.
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
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
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
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
