man sci Flashcards

1
Q

what is management science?

A

management science involves using mathematical and scientific methods to solve management problems.
the objective is to improve decision-making through quantitative techniques and models.

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2
Q

key concepts of man sci

A

optimization
simulation
modelling
statistical analysis

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3
Q

application in manufacturing

A

inventory management
production scheduling
quality control

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4
Q

application in healthcare

A

scheduling
resource allocation
supply chain management

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5
Q

application in finance

A

portfolio optimization
risk management
credit scoring

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6
Q

retail

A

demand forecasting
pricing strategies
layout optimization

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7
Q

transportation and logistic

A

route optimization
fleet management
supply chain coordination

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8
Q

telecommunications

A

network design
bandwidth allocation
customer service management

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9
Q

energy

A

resource management
grid management
sustainability planning

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10
Q

government and public services

A

urban planning
public health
emergency management

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11
Q

agriculture

A

crop management
supply chain optimization
yield prediction

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12
Q

entertainment and media

A

content scheduling
audience analysis
revenue management

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13
Q

education

A

resource allocation
curriculum planning
performance analysis

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14
Q

sports and creation

A

team management
fan engagement
facility management

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15
Q

steps in the management science

A

problem definition
model construction
data collection
model solution
implementation
monitoring and adjustment

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16
Q

quantitative techniques

A

linear programming
network models
decision analysis
forecasting methods

17
Q

uses tables to represent data and their relationships. each table consists of rows and columns, where rows represent records and columns represent attributes

A

relational model

18
Q

visual representation of entities (objects) and their relationships. entities are represented by rectangles, and relationships are represented by diamonds

A

entity-relationship model

19
Q

uses documents to store data. each document is a collection of key-value pairs, and documents are grouped into collections.

A

key-value model

20
Q

uses nodes, edges, and properties to represent and store data.

A

graph model

21
Q

organizes data in a tree-like structure where each record has a single parent and potentially many children

A

hierarchical model

22
Q

similar to the hierarchical model but allows each record to have multiple parent and child records, forming a graph structure

A

network model

23
Q

uses fact tables

A

dimensional model

24
Q
A