8/30/22, 8:36 AM S-MATH311LA BSA32 1st Sem ( 2022-2023 ) - https://dlsud.edu20.org/student_quiz_assignment/submissions/35004959 Home S-MATH311LA BSA32 1st Sem ( 2022-2023 ) Introduction to Management Science Formative Assessment Submissions Here are your latest answers: Question 1 We use quantitative analysis approach to decision making whenever we have no previous experience to draw solution to the problem. Response: True Score: 1 out of 1 Yes Question 2 Which of the following models represent real world problems through a system of mathematical formulas and expressions based on key assumptions, estimates, or statistical analyses? Response: Mathematical model Score: 1 out of 1 Yes Question 3 A buko pie store can produce buko pie at Php95. It is estimated that if the selling price of the buko pie is x pesos, then the number of buko pie sold each day is 1000-x. The profit-volume model for producing and selling buko pie is P(x) = ________________________. Response: (1000 - x)(x - 95) Score: 1 out of 1 Yes Question 4 The value of any model is that it enables the user to make inferences about the real situation. Response: True Score: 1 out of 1 Yes Question 5 A physical model that does not have the same physical appearance as the object being modeled is an analog model. Response: True Score: 1 out of 1 Yes Question 6 Which video clip shows the advancement of decision making using the Universal Automatic Computer or UNIVAC? Response: Video clip 2 Score: 1 out of 1 Yes Question 7 The fourth step under the decision making process is choosing the best alternative. Response: False Score: 1 out of 1 Yes Question 8 A buko pie store can produce buko pie at Php95. It is estimated that if the selling price of the buko pie is x pesos, then the number of buko pie sold each day is 1000-x. The cost-volume model for producing buko pie is C(x) = _______________________. Response: 95(1000 - x) https://dlsud.edu20.org/student_quiz_assignment/submissions/35004959 1/3 8/30/22, 8:36 AM S-MATH311LA BSA32 1st Sem ( 2022-2023 ) - https://dlsud.edu20.org/student_quiz_assignment/submissions/35004959 Score: 1 out of 1 Yes Question 9 Which of the following models that is physical in form, but do not physically resemble the object being modeled? Response: Analog model Score: 1 out of 1 Yes Question 10 Identification and definition of a problem cannot be done until alternatives are proposed. Response: False Score: 1 out of 1 Yes Question 11 Quantitative methods contributes a big role in the body of science of decision making. Response: True Score: 1 out of 1 Yes Question 12 Decision alternatives should be identified before decision criteria are established. Response: True Score: 1 out of 1 Yes Question 13 A buko pie store can produce buko pie at Php95. It is estimated that if the selling price of the buko pie is x pesos, then the number of buko pie sold each day is 1000-x. The revenue model for producing buko pie is R(x) = _______________________________. Response: x(1000 - x) Score: 1 out of 1 Yes Question 14 Which of the following models that represents physical replicas (scalar representations) of real objects? Response: Iconic model Score: 1 out of 1 Yes Question 15 Assume that you are currently unemployed and that you would like a position that would lead to a satisfying career. Alternatives Starting Salary Potential for Professional Growth Job Location Manila P18,500 Average Average Laguna P16,000 Excellent Good Cavite P16,000 Good Excellent Batangas P17,000 Average Good Choose the best alternative based on a single criterion Criterion Decision Starting Salary _____ Potential for Professional Growth _____ Job Location _____ Response: Manila Response: Laguna Response: Cavite https://dlsud.edu20.org/student_quiz_assignment/submissions/35004959 2/3 8/30/22, 8:36 AM S-MATH311LA BSA32 1st Sem ( 2022-2023 ) - https://dlsud.edu20.org/student_quiz_assignment/submissions/35004959 Score: 3 out of 3 Yes Question 16 Decision alternatives are the choices faced by the decision maker in solving problems. Response: True Score: 1 out of 1 Yes Question 17 There are how many modules that you need to complete for this subject "Quantitative Methods"? Response: 9 Score: 1 out of 1 Yes Question 18 Which video clip shows the use of a computer software to analyze linear programming models to diagnose the development of breast cancer? Response: Video clip 4 Score: 1 out of 1 Yes Question 19 The first step in the decision making process is to define the problem. Response: True Score: 1 out of 1 Yes https://dlsud.edu20.org/student_quiz_assignment/submissions/35004959 3/3