Which of the following statements is true for the management science approach?
A) It is only suitable for management problems with a small number of variables.
B) The use of behavioral models to investigate the decision situation is typical in management science applications.
C) Management science techniques are not suited for analyzing quantifiable factors.
D) Management science techniques decrease the effectiveness of managers in decision making.
E) Management science applications generally use economic implications as guidelines for making a particular decision.

Question

Quizplus · Accepted Answer

Management science applications often use quantitative models and economic implications to guide decision-making processes.

Which of the Following Statements Is True for the Management