VERSION C: Write this letter on your Scantron CONCEPTUAL-1 point each: For each
ID: 391542 • Letter: V
Question
VERSION C: Write this letter on your Scantron CONCEPTUAL-1 point each: For each of the following, select the one be st choice and indicate it on the front side of your Scantron form. Marks made on this sheet will not be reflected in your grade in any way. 1. A schematic model is. A. a smaller version of the original item B. a mathematical representation of the original item and/or it's function C. a written description of how the item is used D. a written description of the items component parts E. an extremely detailed drawing of the item Which of the following uses current and historical data to try to determine the best course of action? 2. A. Predictive Analytics B. Descriptive Analytics C. Prescriptive Analytics D. Rational Analytics E. Optimal Analytics 3. Which of the following would most likely be considered a "service"? A. A horse 8. Moving horses on a trailer C. Horse grooming equipment D. Railing for a horse arena E. A horse bridle 4. What part of the organization coordinates and monitors all the logistics and actions that add value to input to create more valuable outputs: A. Operations Management B. Analytical Systems Monitoring C Logistical Systems Undering D. Frequency-Output Control E Input-Output FacilitationExplanation / Answer
Answer 1-
B. a mathematical representation of the original item and/or it's function.
Answer 2-
C. Prescriptive analytics as it predicts not only what will happen but also why it will happen. It go beyond descriptive and predictive analytics by recommending one or more possible course of actions.
Answer 3-
B. Moving horses on a trailer
Answer 4-
A. Operations management as it is concerned with managing an entire production system.
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