5 Questions
What is another name for Management Science?
Operations Research
Who is considered the founder of Management Science?
Frederick W. Taylor
During which period did Management Science start to flourish?
World War II period
What methodological development contributed to the flourishing of Management Science?
Simplex Method for solving linear programming problems
Which step of problem-solving involves evaluating different options based on criteria such as salary, potential for advancement, and job location?
Step 3
Study Notes
Management Science
- Management Science is also known as Operations Research
- The founder of Management Science is Frederick W. Taylor
- Management Science started to flourish during the post-World War II period
- The methodological development that contributed to the flourishing of Management Science was the development of mathematical modeling and computer simulation
Problem-Solving
- Evaluating involves evaluating different options based on criteria such as salary, potential for advancement, and job location
Test your knowledge of Management Science with this final examination covering the fundamentals of quantitative decision making and the various names associated with management science.
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