31. A Monte Carlo simulation is an example of a(n)

A. static model
B. optimizing model
C. both (a) and (b)
D. neither (a) nor (b)
E. None of the above


Correct Answer: D. neither (a) nor (b)

32. Which of the following is a component of an expert system?

A. explanation module
B. knowledge base
C. natural language interface for the user
D. inference machine
E. All of the above


Correct Answer: E. All of the above

33. Credit checking is done in the

A. order processing system
B. quotation system
C. order entry system
D. any of the above
E. None of the above


Correct Answer: C. order entry system

34. The number of management layers in a firm is determined by

A. the scalar principle
B. the span of control
C. the degree of unity in the command
D. the number of managers in the firm
E. None of the above


Correct Answer: B. the span of control

35. The manager, in using the systems approach, should subdivide the firm into subsystems based on

A. functional areas-marketing, finance, and manufacturing
B. management levels-strategic, tactical, and operational
C. resource flows-manpower, money, machines, and material
D. any of the above represent acceptable subsystem divisions.
E. None of the above


Correct Answer: D. any of the above represent acceptable subsystem divisions.

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