The steps of the management science process are:
A) problem definition, model construction, observation, model solution, implementation.
B) observation, problem definition, model construction, model solution, implementation.
C) model construction, problem definition, observation, model solution, implementation.
D) observation, implementation, problem definition, model construction, model solution.
Answer: B
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Bernstein Inc Bernstein Inc is a local retailer. The following selected information is available from their 2011 and 2012 financial statements: Accounts receivable at 12/31/11 $ 160,000 Accounts receivable at 12/31/12 240,000 Inventory at 12/31/11 300,000 Inventory at 12/31/12 360,000 Net credit sales for 2012 3,400,000 Cost of goods sold for 2012 1,980,000 Net income for 2012 1,000,000 Refer to
the Bernstein Inc information above. What was Bernstein's number of days sales in receivables for 2012? (round to two decimal places) A) 21.47 days B) 42.94 days C) 73.00 days D) 146.00 days
Which of the following statements is correct with respect to state efforts to offer protection to companies targeted for hostile takeovers?
a. Courts offer the only legal protection to companies targeted for hostile takeovers. b. Statutory law offers the only legal protection to companies. c. Both statutory law and the state courts have provided some degree of protection for companies. d. State courts and state statutes have offered no protection for companies targeted for hostile takeovers.
Which of the following is not one of the alternative views of creativity?
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Which of the following leverages considers the effect on earnings per share (EPS) of the changing operating income (EBIT)??
A. ?Operating leverage B. ?Total leverage C. ?Combined leverage D. ?Contribution leverage E. ?Financial leverage