4. A firm just completed a new plant that will produce more than 500 different products, using more than 50 different production lines and SELF test machines. The production scheduling decisions are critical in that sales will be lost if customer demands are not met on time. If no individual in the firm has experience with this production operation and if new production schedules must be generated each week, why should the firm consider a quantitative approach to the production scheduling problem? Answer A quantitative approach should be considered because the problem is large, complex, important, new, and repetitive. 5. What are the advantages of analyzing and experimenting with a model as opposed to a real object or situation