Performance evaluation, measurement, or evaluating a financial instrument.
What can Quantitative Analysis be used for?
100
Matches management practices with situational demands.
What is contingency thinking?
200
Uses mathematical techniques to analyze and solve management problems.
What is Management Science?
200
Interacts with its environment and transforms resource inputs into outputs.
What is an open system?
200
Economic, business or financial analysis that aims to understand or predict behavior or events through the use of mathematical measurements and calculations, statistical modeling and research.
What is Quantitative Analysis?
200
Depends on many factors.
What is the "best" structure?
300
Mathematical forecasting and inventory modelling.
What are two different techniques?
300
A means of understanding, analyzing and talking about the design and construction.
What does systems thinking provide?
300
Available through easy-to-use applications on desktop and handheld computers.
What are the techniques?
300
Environmental uncertainty, an organization's primary technology, and the strategy being pursued.
What are factors?
400
Helps allocate service personnel or workstations to minimize customer waiter time.
What is Queuing Theory?
400
An important skill that is needed for an organization to function well.
What is communication?
400
Apply the foundations to the physical productions of goods and services.
What do operations management courses do?
400
To control the situation.
What is the manager's job?
500
Break large tasks into smaller ones.
What are Network Models?
500
An outcome of the organization when each subsystem performs its tasks well and works with co-operation.
What is high performance?
500
Can be used for various products and services.
What is a timely and continuous statistical data collection?