Test Bank For Practical Management Science 6th Edition By Wayne L.Winston, S.Christian Albright

Test Bank
PRACTICAL
Management Science
6th Edition
Wayne L. Winston, S. Christian 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
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM


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
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM


3. In a descriptive model, the manager first wants to build a model that reflects the current situation.

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, a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Moderate
Moderate |Bloom's Knowledge
Moderate |Bloom's Comprehension




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, 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
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM


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
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM


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
DATE CREATED: 5/17/2017 3:39 PM
DATE MODIFIED: 10/21/2017 8:35 PM


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


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