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Fundamentals-of-Management-8th-Edition-Ricky-Griffin-978-1285849041

Management science
focuses specifically on the development of mathematical models.
A mathematical model is a simplified representation of a system, process, or relationship.
organizational
behavior
Contemporary field
focusing on
behavioral
perspectives on
management
quantitative
management
perspective
Applies quantitative
techniques to
management
management
science
Focuses specifically
on the development
of mathematical
models
Chapter 1:
Understanding the Manager’s Job
1 7
Copyright 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s).
Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.
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At its most basic level, management science focuses on models, equations, and similar
representations of reality. For example, managers at Detroit Edison use mathematical
models to determine how best to route repair crews during blackouts. Citizens Bank of
New England uses models to figure out how many tellers need to be on duty at each
location at various times throughout the day. In recent years, paralleling the advent of
the personal computer, management science techniques have become increasingly
sophisticated. For example, automobile manufacturers Daimler AG and General Motors
use realistic computer simulations to study collision damage to cars. These simulations
help them lower costs by crashing actual test cars only after multiple simulations.

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