The Chapter One "The World of Management Science" Case Reading

question 11

Multiple Choice

The Chapter One "The World of Management Science" case reading discusses the relationship between OR/MS and IS professionals. Which of the following statements is NOT true?

• A)OR/MS analysts need IS professionals' data for their models.
• B)OR/MS analysts need to take many of the IS customers.
• C)The IS professional cannot use OR/MS tools in their applications.
• D)The IS tools can start to recommend solutions using OR/MS skills.

Recognize the importance of continuous evaluation of performance metrics.

Understand the concepts and components of a balanced scorecard.

Identify the role and construction of performance metrics and targets within organizational strategy.

Differentiate between leading and lagging indicators.

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Definitions:

Mid-Ocean Ridge

A series of mountains beneath the ocean, generated by the shifting of tectonic plates, where fresh oceanic crust is formed.

Shear Zone

A generally tabular zone of rock that is more highly sheared and deformed than rocks outside the zone.

Fold and Thrust Belts

Regions in the Earth's crust where the layers of rock have been folded and thrusted over one another due to compressional forces, often found in mountainous areas.

Thrust Faults

Types of reverse faults that have a dip of 45 degrees or less, meaning they are nearly horizontal; significant in shaping landscapes by pushing rocks upwards.