A difficult aspect of using spreadsheets to solve management science problems is
A) obtaining the solution to standard management science problems.
B) data entry.
C) performing sensitivity analysis.
D) setting up a spreadsheet with complex models and formulas.

Question

Quizplus · Accepted Answer

Setting up a spreadsheet with complex models and formulas can be a difficult aspect of using spreadsheets to solve management science problems. This requires a good understanding of both spreadsheet software and the management science models being used. Data entry can also be time-consuming, but it is generally straightforward. Obtaining the solution to standard management science problems and performing sensitivity analysis are typically easier once the spreadsheet model has been properly set up.

A Difficult Aspect of Using Spreadsheets to Solve Management Science