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Management science test bank

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Management science test bank

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Chapter 1—Introduction
mm




MULTIPLEm CHOICE

1. Themfieldmofmmanagementmscience
a. concentratesmonmthemusemofmquantitativemmethodsmtomassistminmdecisionmmaking.
b. approachesmdecisionmmakingmrationally,mwithmtechniquesmbasedmonmthemscientificmmethod.
c. ismanothermnamemformdecisionmsciencemandmformoperationsmresearch.
d. eachmofmthemabovemismtrue.
ANS:m D PTS:mmm 1 TOP:m Introduction

2. Identificationmandmdefinitionmofmamproblem
a. cannotmbemdonemuntilmalternativesmaremproposed.
b. ismthemfirstmstepmofmdecisionmmaking.
c. ismthemfinalmstepmofmproblemmsolving.
d. requiresmconsiderationmofmmultiplemcriteria.
ANS:m B PTS:mmm 1 TOP:m Problemmsolvingmandmdecisionmmaking

3. Decisionmalternatives
a. shouldmbemidentifiedmbeforemdecisionmcriteriamaremestablished.
b. aremlimitedmtomquantitativemsolutions
c. aremevaluatedmasmampartmofmthemproblemmdefinitionmstage.
d. arembestmgeneratedmbymbrain-storming.
ANS:m A PTS:mmm 1 TOP:m Problemmsolvingmandmdecisionmmaking

4. Decisionmcriteria
a. aremthemchoicesmfacedmbymthemdecisionmmaker.
b. aremthemproblemsmfacedmbymthemdecisionmmaker.
c. aremthemwaysmtomevaluatemthemchoicesmfacedmbymthemdecisionmmaker.
d. mustmbemuniquemformamproblem.
ANS:m C PTS:mmm 1 TOP:m Problemmsolvingmandmdecisionmmaking

5. Inmammulticriteriamdecisionmproblem
a. itmismimpossiblemtomselectmamsinglemdecisionmalternative.
b. themdecisionmmakermmustmevaluatemeachmalternativemwithmrespectmtomeachmcriterion.
c. successivemdecisionsmmustmbemmademovermtime.
d. eachmofmthemabovemismtrue.
ANS:m B PTS:mmm 1 TOP:m Problemmsolvingmandmdecisionmmaking

6. Themquantitativemanalysismapproachmrequires
a. themmanager'smpriormexperiencemwithmamsimilarmproblem.
b. amrelativelymuncomplicatedmproblem.
c. mathematicalmexpressionsmformthemrelationships.
d. eachmofmthemabovemismtrue.
ANS:m C PTS:mmm 1 TOP:m Quantitativemanalysismandmdecisionmmaking

7. Amphysicalmmodelmthatmdoesmnotmhavemthemsamemphysicalmappearancemasmthemobjectmbeingmmodeledmis
a. anmanalogmmodel.

, b. anmiconicmmodel.
c. ammathematicalmmodel.
d. amqualitativemmodel.
ANS:m A PTS:mmm 1 TOP:m Modelmdevelopment

8. Inputsmtomamquantitativemmodel
a. aremamtrivialmpartmofmthemproblemmsolvingmprocess.
b. aremuncertainmformamstochasticmmodel.
c. aremuncontrollablemformthemdecisionmvariables.
d. mustmallmbemdeterministicmifmthemproblemmismtomhavemamsolution.
ANS:m B PTS:mmm 1 TOP:m Modelmdevelopment

9. Whenmthemvaluemofmthemoutputmcannotmbemdeterminedmevenmifmthemvaluemofmthemcontrollableminp
utmismknown,mthemmodelmis
a. analog.
b. digital.
c. stochastic.
d. deterministic.
ANS:m C PTS:mmm 1 TOP:m Modelmdevelopment

10. Themvolumemthatmresultsminmtotalmrevenuembeingmequalmtomtotalmcostmismthe
a. break-evenmpoint.
b. marginalmvolume.
c. marginalmcost.
d. profitmmix.
ANS:m A PTS:mmm 1 TOP:m Break-evenmanalysis

11. Managementmsciencemandmoperationsmresearchmbothminvolve
a. qualitativemmanagerialmskills.
b. quantitativemapproachesmtomdecisionmmaking.
c. operationalmmanagementmskills.
d. scientificmresearchmasmopposedmtomapplications.
ANS:m B PTS:mmm 1 TOP:m Introduction

12. GeorgemDantzigmismimportantminmthemhistorymofmmanagementmsciencembecausemhemdeveloped
a. themscientificmmanagementmrevolution.
b. WorldmWarmIImoperationsmresearchmteams.
c. themsimplexmmethodmformlinearmprogramming.
d. powerfulmdigitalmcomputers.
ANS:m C PTS:mmm 1 TOP:m Introduction

13. Themfirstmstepminmproblemmsolvingmis
a. determinationmofmthemcorrectmanalyticalmsolutionmprocedure.
b. definitionmofmdecisionmvariables.
c. themidentificationmofmamdifferencembetweenmthemactualmandmdesiredmstatemofmaffairs.
d. implementation.
ANS:m C PTS:mmm 1 TOP:m Problemmsolvingmandmdecisionmmaking

14. Problemmdefinition

, a. includesmspecificmobjectivesmandmoperatingmconstraints.
b. mustmoccurmpriormtomthemquantitativemanalysismprocess.
c. mustminvolvemthemanalystmandmthemusermofmthemresults.
d. eachmofmthemabovemismtrue.
ANS:m D PTS:mmm 1 TOP:m Quantitativemanalysis

15. Ammodelmthatmusesmamsystemmofmsymbolsmtomrepresentmamproblemmismcalled
a. mathematical.
b. iconic.
c. analog.
d. constrained.
ANS:m A PTS:mmm 1 TOP:m Modelmdevelopment


TRUE/FALSE

1. Themprocessmofmdecisionmmakingmismmoremlimitedmthanmthatmofmproblemmsolving.

ANS:m T PTS:mmm 1 TOP:m Problemmsolvingmandmdecisionmmaking

2. Themtermsm'stochastic'mandm'deterministic'mhavemthemsamemmeaningminmquantitativemanalysis.

ANS:m F PTS:mmm 1 TOP:m Modelmdevelopment

3. Themvolumemthatmresultsminmmarginalmrevenuemequalingmmarginalmcostmismcalledmthembreak-evenmpoint.

ANS:m F PTS:mmm 1 TOP:m Problemmsolvingmandmdecisionmmaking

4. Problemmsolvingmencompassesmbothmthemidentificationmofmamproblemmandmthemactionmtomresolvemit.

ANS:m T PTS:mmm 1 TOP:m Problemmsolvingmandmdecisionmmaking

5. Themdecisionmmakingmprocessmincludesmimplementationmandmevaluationmofmthemdecision.

ANS:m F PTS:mmm 1 TOP:m Problemmsolvingmandmdecisionmmaking

6. Themmostmsuccessfulmquantitativemanalysismwillmseparatemthemanalystmfrommthemmanagerialmteammuntilm
aftermthemproblemmismfullymstructured.

ANS:m F PTS:mmm 1 TOP:m Quantitativemanalysis

7. Themvaluemofmanymmodelmismthatmitmenablesmthemusermtommakeminferencesmaboutmthemrealmsituation.

ANS:m T PTS:mmm 1 TOP:m Modelmdevelopment

8. Uncontrollableminputsmaremthemdecisionmvariablesmformammodel.

ANS:m F PTS:mmm 1 TOP:m Modelmdevelopment

9. Themfeasiblemsolutionmismthembestmsolutionmpossiblemformammathematicalmmodel.

ANS:m F PTS:mmm 1 TOP:m Modelmsolution

, 10. Amcompanymseeksmtommaximizemprofitmsubjectmtomlimitedmavailabilitymofmman-hours.mMan-
hoursmismamcontrollableminput.

ANS:m F PTS:mmm 1 TOP:m Modelmdevelopment

11. FrederickmTaylormismcreditedmwithmformingmthemfirstmMS/ORminterdisciplinarymteamsminmthem1940's.

ANS:m F PTS:mmm 1 TOP:m Introduction

12. Tomfindmthemchoicemthatmprovidesmthemhighestmprofitmandmthemfewestmemployees,mapplymamsingle-
criterionmdecisionmprocess.

ANS:m F PTS:mmm 1 TOP:m Problemmsolvingmandmdecisionmmaking

13. Themmostmcriticalmcomponentminmdeterminingmthemsuccessmormfailuremofmanymquantitativemapproac
hmtomdecisionmmakingmismproblemmdefinition.

ANS:m T PTS:mmm 1 TOP:m Quantitativemanalysis

14. Themfirstmstepminmthemdecisionmmakingmprocessmismtomidentifymthemproblem.

ANS:m T PTS:mmm 1 TOP:m Introduction

15. Allmuncontrollableminputsmormdatammustmbemspecifiedmbeforemwemcanmanalyzemthemmodelmandmrecomme
ndmamdecisionmormsolutionmformthemproblem.

ANS:m T PTS:mmm 1 TOP:m Quantitativemanalysis


SHORTmANSWER

1. Shouldmthemproblemmsolvingmprocessmbemappliedmtomallmproblems?

ANS:
Answermnotmprovided.

PTS:mmm 1 TOP:m Problemmsolvingmandmdecisionmmaking

2. Explainmthemdifferencembetweenmquantitativemandmqualitativemanalysismfrommthemmanager'smpointmofmview.

ANS:
Answermnotmprovided.

PTS:mmm 1 TOP:m Quantitativemanalysismandmdecisionmmaking

3. Explainmthemrelationshipmamongmmodelmdevelopment,mmodelmaccuracy,mandmthemabilitymtomobta
inmamsolutionmfrommammodel.

ANS:
Answermnotmprovided.

PTS:mmm 1 TOP:m Modelmsolution

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