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Introduction to
Quantitative Methods in Management
True / False Questions
1- The quantitative approach applies statistics, optimization models,
information models, computer simulations, and other quantitative
techniques to the management process. (True)
2- Managers should most often rely on quantitative techniques for important
decisions since quantitative approaches result in more accurate decisions.
(True)
3- Organizations aren’t decision-making units according to the quantitative
approach. (False)
4- The techniques of management science help managers make maximum
use of organizational resources to produce goods and services. (True)
5- Operations Management look at the extent to which the functional
processes satisfy the needs and wants of the consumer. (True)
