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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
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
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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Statistics Principles And Methods
Authors: Richard A. Johnson, Gouri K. Bhattacharyya
7th Edition
8126557745, 470904119, 978-0470904114
