One reason complex models have not found widespread use and application is that
A) managers are lazy
B) managers cannot understand how they work
C) the models are inaccurate
D) good models are time-consuming and managers must often react swiftly to dynamic demand
E) the statement is false; complex models are widely used and accepted

Question

Quizplus · Accepted Answer

Good models that are complex can be time-consuming to use, and managers often need to make quick decisions in response to dynamic demand. Therefore, it is difficult to apply complex models in practical situations.

One Reason Complex Models Have Not Found Widespread Use and Application