The quantitative analysis approach requires
A)the manager's prior experience with a similar problem.
B)a relatively uncomplicated problem.
C)mathematical expressions for the relationships.
D)each of the above is true.

Question

Quizplus · Accepted Answer

The quantitative analysis approach relies on using mathematical expressions and models to analyze data and relationships, making choice C the correct answer. Choices A and B are both incorrect because the manager's prior experience and the complexity of the problem do not necessarily determine whether the quantitative approach is appropriate or not.

The Quantitative Analysis Approach Requires