Prelim Management Science

A field that applies quantitative methods to decision-making in organizations.

• Management Science

• Management Technology

• Decision Support

• Quantitative Science

The process of making something as effective or functional as possible.

• Optimization

• Optimized

• Functions

• Fictionization

A variable that represents choices available to a decision-maker.

• Decision Variables

• Decision Support

• Decision Variables maker

• none of the Choices

A mathematical method for determining a way to achieve the best outcome in a given mathematical model.

• Linear Programming

• Line Programming

• Linear Decision

• Linear Program

Limitations or restrictions on the decision variables.

• Constraints

• Constrain

• Constrained

• none of the choices

A solution that satisfies all constraints of the problem.

• Feasible Solution

• Feasibilities Solution

• Feasible Approach

• none of the choices

A mathematical function that defines the goal of optimization.

• Object Functions

• Object Oriented

• OOP Object Oriented program

• none of the choices

A method to predict the outcome of a decision given a certain change in input variables.

• Sensitivity Analysis

• Prediction Analysis

• Decision Analysis

• none of the choices

The imitation of the operation of a real-world process or system over time.

• Simulation

• Simultaneous

• Virtual Reality

• none of the choices

The mathematical study of waiting lines or queues.

• Queuing Theory

• Line Theory

• Que Theory

• none of the choices