Exam 1: Introduction to Modeling

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Which of the following is a type of model that is key to virtually every management science application

(Multiple Choice)
4.8/5
(33)

Optimization models are useful for determining:

(Multiple Choice)
4.9/5
(35)

Verification is typically the most difficult phase of the modeling process,from a mathematical perspective.

(True/False)
4.8/5
(30)

Which of the following is not one of the desired conditions for a successful model implementation

(Multiple Choice)
4.8/5
(30)

Which of the following is not one of the reasons for the new-found relevance of management science models

(Multiple Choice)
4.7/5
(30)

Modeling is a process where the essence of a theoretical problem is extracted into a model,spreadsheet or otherwise.

(True/False)
4.8/5
(37)

Which of the following is a possible cause if a model's outputs for certain inputs are not as expected

(Multiple Choice)
4.8/5
(34)

A completed model typically marks the end of the modeling process.

(True/False)
4.9/5
(39)

In some applications,an analyst might present several alternative solutions from a model,and let the organization choose the best one.

(True/False)
5.0/5
(38)

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.

(True/False)
4.8/5
(38)
Showing 21 - 30 of 30
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)