Univ of M-Flint MGT 313 Quiz 01 Winter 2015
Univ of M-Flint MGT 313 Quiz 01 Winter 2015 Review Test Submission: Q01 User Talal Basaffar Course Intro To Management Science (Winter 2015) Test Q01 Instructions Quiz 1 is a timed assessment. Thirty minutes are allotted for the quiz. Results Displayed All Answers, Submitted Answers, Correct Answers • Question 1 0 out of 1 points Most companies employ sophisticated basic design and error-detection procedures for spreadsheet development and use. Answers: True False • Question 2 0 out of 1 points Convergent thinking tends to dominate at the end of the problem-solving process. Answers: True False • Question 3 1 out of 1 points Spreadsheet models are mathematical models. Answers: True False • Question 4 0 out of 1 points Experience has shown that most end-user spreadsheet models are error-free. Answers: True False • Question 5 1 out of 1 points Brainstorming is an example of divergent thinking. Answers: True False • Question 6 1 out of 1 points Evaluating alternatives is an example of divergent thinking. Answers: True False • Question 7 0 out of 1 points Novice modelers tend to undervalue model structure and overvalue data. Answers: True False • Question 8 0 out of 1 points In building a new model, expert modelers tend to focus primarily on data acquisition and analysis. Answers: True False • Question 9 2 out of 2 points Which of the following are among Powell and Baker's list of modeling heuristics? Answers: a. Simplify the problem. b. Break the problem into modules. c. Build a prototype and re?ne it. d. Sketch graphs of key relationships. e. Identify parameters and perform sensitivity analysis. f. Separate the creation of ideas from their evaluation. g. Work backward from the desired answer. h. Focus on model structure, not on data collection. i. All of the above are on Powell and Baker's list of modeling heuristics. • Question 10 2 out of 2 points Field studies, laboratory experiments, surveys of end-users and audits of existing spreadsheets indicate Answers: End-user spreadsheets frequently have bugs. End users are overcon?dent about the quality of their own spreadsheets. The process that end users employ to create their spreadsheets is inef?cient at best and chaotic at worst. End users often fail to employ the most productive methods for generating insights from their spreadsheets. All of the above. • Question 11 2 out of 4 points The authors discuss six phases of the problem-solving process. Put those six phases in their natural order. Answers 1. Identifying a problem 2. Exploring the mess 3. Searching for information 4. Searching for solutions 5. Evaluating solutions 6. Implementing a solution • Question 12 4 out of 4 points Match the following model features with the brief definitions/examples Question Answers