For analyzing the problem , decision – makers should normally study.
A. Its qualitative aspects
B. Its quantitative aspects
C. Both A and B
D. Neither A and B
Answer: Option A
Solution(By Examveda Team)
For analyzing the problem , decision – makers should normally study Its qualitative aspects. Qualitative data is information that is difficult to measure, count, or express in numerical terms. This type of data is used in research involving detailed, verbal descriptions of characteristics, cases, and settings.This Question Belongs to Management >> Operations Research
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A. Is possible when the variables value is known
B. Reduces the scope of judgement & intuition known with certainty in decision-making
C. Require the use of computer software
D. None of the above
A. Must be deterministic
B. Requires computer aid for its solution
C. Represents data in numerical form
D. All of the above
A physical model is example of.
A. An iconic model
B. An analogue model
C. A verbal model
D. A mathematical model
The qualitative approach to decision analysis relies on.
A. Experience
B. Judgement
C. Intuition
D. All of the above
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