Exam 1: Introduction

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A management science team will try to conduct a systematic investigation of a problem that includes careful data gathering,developing and testing hypotheses,and then applying sound logic in the analysis.

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Management scientists make managerial decisions based on the quantitative factors involved in the problem.

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Which of the following is an inequality or equation that expresses a restriction in a mathematical model?

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The rapid development of the management science discipline can be credited in part to:

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Which of the following are steps in a typical management science study?

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Which of the following is a constant in a mathematical model?

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A decision variable is an algebraic variable that represents a quantifiable decision to be made.

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Managers may base their decisions on which of the following?

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