Question 1

Testing the data and model should be done before the results have been analyzed.

Accepted Answer

A) True 
 B)False

Question 2

Decision variables may also be called parameters.

Accepted Answer

A) True 
 B)False

Question 3

Models that do not involve risk or chance are

Accepted Answer

A) probabilistic models. 
B) postoptimality models. 
C) deterministic models. 
D) MIS models. 
E) None of the above 
A) probabilistic models. 
B) postoptimality models. 
C) deterministic models. 
D) MIS models. 
E) None of the above

Question 4

In making a decision,both ________ and quantitative factors must be considered.

Accepted Answer

The answer of In making a decision,both ________ and quantitative...

Question 5

A(n)________ is a representation of reality or a real-life situation.

Accepted Answer

A) objective 
B) model 
C) analysis 
D) algorithm 
E) None of the above 
A) objective 
B) model 
C) analysis 
D) algorithm 
E) None of the above

Question 6

The condition of improper data yielding misleading results is referred to as

Accepted Answer

A) garbage in,garbage out. 
B) break-even point. 
C) uncontrollable variable. 
D) postoptimality. 
E) None of the above 
A) garbage in,garbage out. 
B) break-even point. 
C) uncontrollable variable. 
D) postoptimality. 
E) None of the above

Question 7

A controllable variable is also called a

Accepted Answer

A) parameter. 
B) decision variable. 
C) mathematical model. 
D) measurable quantity. 
E) None of the above 
A) parameter. 
B) decision variable. 
C) mathematical model. 
D) measurable quantity. 
E) None of the above

Question 8

Interviews,statistical sampling,and company reports provide input data for quantitative analysis models.

Accepted Answer

A) True 
 B)False

Question 9

A(n)________ model is one that is accurate and correctly represents the problem or system under investigation.

Accepted Answer

A) robust 
B) valid 
C) sensitive 
D) optimal 
E) feasible 
A) robust 
B) valid 
C) sensitive 
D) optimal 
E) feasible

Question 10

A controllable variable is also called a ________ variable.

Accepted Answer

The answer of A controllable variable is also called a...

Question 11

The Quantitative Analysis Approach consists of six steps.

Accepted Answer

A) True 
 B)False

Testing the data and model should be done before the results have been analyzed.

Decision variables may also be called parameters.

Models that do not involve risk or chance are

In making a decision,both ________ and quantitative factors must be considered.

A(n)________ is a representation of reality or a real-life situation.

The condition of improper data yielding misleading results is referred to as

A controllable variable is also called a

Interviews,statistical sampling,and company reports provide input data for quantitative analysis models.

A(n)________ model is one that is accurate and correctly represents the problem or system under investigation.

A controllable variable is also called a ________ variable.

The Quantitative Analysis Approach consists of six steps.

Probability Concepts and Applications

Decision Analysis

Regression Models

Forecasting

Inventory Control Models

Linear Programming Models: Graphical and Computer Methods

Linear Programming Applications

Transportation,assignment,and Network Models

Integer Programming,goal Programming,and Nonlinear Programming

Project Management

Waiting Lines and Queuing Theory Models

Simulation Modeling

Markov Analysis

Statistical Quality Control

Analytic Hierarchy Process

Dynamic Programming

Decision Theory and the Normal Distribution

Game Theory

Mathematical Tools: Determinants and Matrices

Calculus-Based Optimization

Linear Programming: The Simplex Method

Transportation, Assignment, and Network Algorithms

Filters

Exam 1: Introduction to Quantitative Analysis

Testing the data and model should be done before the results have been analyzed.

Decision variables may also be called parameters.

Models that do not involve risk or chance are

In making a decision,both ________ and quantitative factors must be considered.

A(n)________ is a representation of reality or a real-life situation.

The condition of improper data yielding misleading results is referred to as

A controllable variable is also called a

Interviews,statistical sampling,and company reports provide input data for quantitative analysis models.

A(n)________ model is one that is accurate and correctly represents the problem or system under investigation.

A controllable variable is also called a ________ variable.

The Quantitative Analysis Approach consists of six steps.

Probability Concepts and Applications

Decision Analysis

Regression Models

Forecasting

Inventory Control Models

Linear Programming Models: Graphical and Computer Methods

Linear Programming Applications

Transportation,assignment,and Network Models

Integer Programming,goal Programming,and Nonlinear Programming

Project Management

Waiting Lines and Queuing Theory Models

Simulation Modeling

Markov Analysis

Statistical Quality Control

Analytic Hierarchy Process

Dynamic Programming

Decision Theory and the Normal Distribution

Game Theory

Mathematical Tools: Determinants and Matrices

Calculus-Based Optimization

Linear Programming: The Simplex Method

Transportation, Assignment, and Network Algorithms

Filters