Podcast
Questions and Answers
Spreadsheets were quickly recognized as difficult-to-use implementation software for a wide range of applications in business, engineering, mathematics, and science. (True/False)
Spreadsheets were quickly recognized as difficult-to-use implementation software for a wide range of applications in business, engineering, mathematics, and science. (True/False)
False (B)
Add-ins were not developed for structuring and solving specific model classes in spreadsheet packages. (True/False)
Add-ins were not developed for structuring and solving specific model classes in spreadsheet packages. (True/False)
False (B)
Solver and What’sBest are add-in packages developed for DSS development. (True/False)
Solver and What’sBest are add-in packages developed for DSS development. (True/False)
True (A)
Braincel and NeuralTools are add-ins for linear and nonlinear optimization. (True/False)
Braincel and NeuralTools are add-ins for linear and nonlinear optimization. (True/False)
Evolver is an add-in for performing simulation studies. (True/False)
Evolver is an add-in for performing simulation studies. (True/False)
@RISK is an add-in developed by Palisade Corp. for artificial neural networks. (True/False)
@RISK is an add-in developed by Palisade Corp. for artificial neural networks. (True/False)
The spreadsheet is the most popular end-user modeling tool due to its incorporation of many powerful functions.
The spreadsheet is the most popular end-user modeling tool due to its incorporation of many powerful functions.
Spreadsheets can only perform basic tasks and are not capable of model solution tasks such as linear programming and regression analysis.
Spreadsheets can only perform basic tasks and are not capable of model solution tasks such as linear programming and regression analysis.
Goal seeking in a spreadsheet involves indicating a target cell, its desired value, and a changing cell.
Goal seeking in a spreadsheet involves indicating a target cell, its desired value, and a changing cell.
Microsoft Excel is not the most popular spreadsheet package.
Microsoft Excel is not the most popular spreadsheet package.
Static and dynamic models can both be built in a spreadsheet.
Static and dynamic models can both be built in a spreadsheet.
Risk analysis cannot be incorporated into spreadsheets.
Risk analysis cannot be incorporated into spreadsheets.
The loan calculations in the spreadsheet shown in Figure 8.4 indicate the effect of prepayment on the principal over time.
The loan calculations in the spreadsheet shown in Figure 8.4 indicate the effect of prepayment on the principal over time.
Spreadsheet applications for models are not reported regularly.
Spreadsheet applications for models are not reported regularly.
Mathematical programming optimization is not related to spreadsheets.
Mathematical programming optimization is not related to spreadsheets.
OLAP systems do not have similarities with advanced spreadsheet software after the data are loaded.
OLAP systems do not have similarities with advanced spreadsheet software after the data are loaded.
What are the primary focus of the models discussed in the text?
What are the primary focus of the models discussed in the text?
Which company developed the add-in What’sBest for DSS development?
Which company developed the add-in What’sBest for DSS development?
What is the primary purpose of the add-in named @RISK?
What is the primary purpose of the add-in named @RISK?
What type of models can be developed using spreadsheet packages according to the text?
What type of models can be developed using spreadsheet packages according to the text?
Which add-in is specifically mentioned for artificial neural networks?
Which add-in is specifically mentioned for artificial neural networks?
What type of optimization technique is the add-in Evolver specifically developed for?
What type of optimization technique is the add-in Evolver specifically developed for?
What is the primary reason for the popularity of spreadsheets as an end-user modeling tool?
What is the primary reason for the popularity of spreadsheets as an end-user modeling tool?
What type of models can be developed using spreadsheet packages according to the text?
What type of models can be developed using spreadsheet packages according to the text?
What are the primary focus of the models discussed in the text?
What are the primary focus of the models discussed in the text?
What type of optimization technique is the add-in Evolver specifically developed for?
What type of optimization technique is the add-in Evolver specifically developed for?
@RISK is an add-in developed by Palisade Corp. for what purpose?
@RISK is an add-in developed by Palisade Corp. for what purpose?
Which company developed the add-in What’sBest for DSS development?
Which company developed the add-in What’sBest for DSS development?
Which add-in is specifically mentioned for artificial neural networks?
Which add-in is specifically mentioned for artificial neural networks?
What is the primary purpose of Braincel and NeuralTools, according to the text?
What is the primary purpose of Braincel and NeuralTools, according to the text?
Are spreadsheets recognized as difficult-to-use implementation software for a wide range of applications in business, engineering, mathematics, and science?
Are spreadsheets recognized as difficult-to-use implementation software for a wide range of applications in business, engineering, mathematics, and science?
Do spreadsheet applications for models get reported regularly?
Do spreadsheet applications for models get reported regularly?
