Relating to Management Science: Simulation is defined as: O a. A deceptive or fake methodology to prevent errors O b. A physical model used to prove a theory O c. A mathematical formula used in linear programming O d. A technique used to model the operation of a system When related to Linear Programming, a dual price is defined as: a. A shadow price to the main objective function O b. The improvement in the value of the objective function per unit increase in the constraint RHS O C. The improvement in the value of the objective function per unit increase in the coefficients O d. The improvement in the value of the objective function per unit increase in the feasible region Oe. None of the above Data Envelopment Analysis is used to measure: O a. The relative efficiency of operational units with same goals and objectives O b. A technique to envelop the feasible region c. Enveloping data within predefined constraints O d. Effective use of cost reduction techniques O e. Determining The Required Data Mining Techniques For Management Decision Analysis Which of the following would be an advantage of using a qualitative approach to managerial decision-making? O a. The linear program identified the optimal solution for profit relating to the sales forecast O b. The breakeven analysis indicated that purchasing a machine would increase profitability O c. The sales staff is often aware of customers' future plans O d. Sales people are least likely to be influenced by recent events Oe. Sales people are least likely to be biased by sales