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1. Managers may base their decisions on which of the following? Outive action b. Their best judgement cualitative factors d. Past experience All of these

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1. Managers may base their decisions on which of the following? Outive action b. Their best judgement cualitative factors d. Past experience All of these 2. Which of the following are components of a mathematical model for decision making Decision variables b. An objective function All of these 1. Which of the following is a mathematical expression that prves the measure of performance tie maximize er minimine) for the problem? a con variable b. Objective function d. None of these 4. Which of the following is an inequality or equation that expresses a restriction in Objective function Com d. None of these $. The com refers to testing bow a problem solution (like the breakeven point reacts to changes in one or more of the model's variables like the selling price) phical analysis decision analysis c. decision scimce densitivity analysis 6. The field of management science 2. approaches decision making rationally with techniques based on the scientific method in the name for dem since centrate on the use of quantitative method is managers in decisices making dis merame for the reach all of the above

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