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5 0 . Which of the following are reasons why a quantitative approach might be used in the decision making process? The problem is complex

50. Which of the following are reasons why a quantitative approach might be used in the decision making process?
The problem is complex and the manager cannot develop a good solution without the aid of quantitative analysis
The problem is critical and the manager desires a thorough analysis
The problem is new and the manager has no prior experience from which to draw
The problem is repetitive and therefore time is saved by relying on quantitative procedures
The problem is familiar and can be solved with intuition or drawing on prior experience

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