Quantitative Analysis for Management

numeric abridgment for Management, 11e (Render) Chapter 1 Introduction to Quantitative abbreviation 1) Interviews, statistical sampling, and company reports provide input data for ten-fold analysis models. Answer: TRUE Diff: 2 case: THE numeric epitome APPROACH 2) In the beforehand(predicate) 1900s, Henry Ford pioneered the principles of the scientific approach to management. Answer: preposterous Diff: 2 issue: WHAT IS quantitative digest? 3) Managers do not need to be beaten(prenominal) with the limitations, assumptions, and/or specific applicability of the quantitative analysis technique to use it for accurate last making. Answer: irrational Diff: 2 Topic: INTRODUCTION 4) During World War II, many in the raw scientific and quantitative techniques were developed to assist the military, and these developments were so prospered that many companies started apply similar techniques in managerial decision making and planning subsequently the war. Answer: TRUE Diff: 2 Topic: WHAT IS QUANTITATIVE ANALYSIS? 5) When a enigma is uncorrectable to quantify, it may be necessary to develop full(a) objectives. Answer: FALSE Diff: 2 Topic: THE QUANTITATIVE ANALYSIS APPROACH 6) The Quantitative Analysis Approach consists of six steps. Answer: FALSE Diff: 2 Topic: THE QUANTITATIVE ANALYSIS APPROACH 7) A mathematical model shows the relationship between quantitative and non-quantifiable information. Answer: FALSE Diff: 2 Topic: THE QUANTITATIVE ANALYSIS APPROACH 1 Copyright © 2012 Pearson Education, Inc. issue as Prentice Hall 8) purpose variables may also be called parameters. Answer: FALSE Diff: 2 Topic: THE QUANTITATIVE ANALYSIS APPROACH 9) Model variables nooky be controllable or uncontrollable. Answer: TRUE Diff: 2 Topic: THE QUANTITATIVE ANALYSIS APPROACH 10) A serial of steps or procedures that ar repeated is known as an algorithm. Answer: TRUE Diff: 2 Topic: THE QUANTITATIVE ANALYSIS A PPROACH 11) A model is a representation of ! a situation. Answer: TRUE...If you want to get a full essay, involve it on our website: OrderCustomPaper.com

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