A controllable variable is also called a ________ variable.62) A picture, drawing, or chart of reality is a ________ model63) Identify some possible problems in the quantitative analysis approach.

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61) A controllable variable is also called
a ________ variable.62) A picture, drawing, or chart of reality
is a ________ model63) Identify some possible problems in the
quantitative analysis approach.

64) Identify three potential problems with
people (two with management and one with the quantitative analysts themselves)
that may hinder successful implementation of a quantitative model.Answer:
Answers will vary but may include: (1) lack of commitment by management,
(2) resistance to change by management, and (3) lack of commitment by
quantitative analysts.65) In making a decision, both ________
and quantitative factors must be considered.66) Inaccurate model input data leads to
inaccurate model solutions. This phenomenon is commonly referred to as
________.67) The solution process of ________
implies that we look at all possible solutions.68) Once we have a solution, we should
then perform ________ analysis.69) ________ models do not involve risk or
chance.70) ________ models are uncertain.71) How can an analyst overcome the
threats to successful implementation of a quantitative model?
62) A picture, drawing, or chart of reality
is a ________ model63) Identify some possible problems in the
quantitative analysis approach.

64) Identify three potential problems with
people (two with management and one with the quantitative analysts themselves)
that may hinder successful implementation of a quantitative model.Answer:
Answers will vary but may include: (1) lack of commitment by management,
(2) resistance to change by management, and (3) lack of commitment by
quantitative analysts.65) In making a decision, both ________
and quantitative factors must be considered.66) Inaccurate model input data leads to
inaccurate model solutions. This phenomenon is commonly referred to as
________.67) The solution process of ________
implies that we look at all possible solutions.68) Once we have a solution, we should
then perform ________ analysis.69) ________ models do not involve risk or
chance.70) ________ models are uncertain.71) How can an analyst overcome the
threats to successful implementation of a quantitative model?