Management science sometimes produces decision failures, in part because quantitative data are not rich.

Name: Management science sometimes produces decision failures, in part because quantitative data are not rich.
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Question

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Although management science approaches are based on quantitative data and modeling techniques, sometimes these can be limited or not capture all relevant factors for decision-making. This can result in decision failures or suboptimal outcomes.

Management Science Sometimes Produces Decision Failures, in Part Because Quantitative