Discussion Questions
- Give an example (besides the ones noted in the text) of a mental model, a visual model, and a mathematical or spreadsheet model.
- Give an example of a decision-making situation in which you used a mental model.
- Give an example of a decision-making situation in which you used a mathematical or spreadsheet model.
- Discuss the importance of model flexibility.
- Discuss the importance of a model being well documented.
- Explain the steps of the spreadsheet modeling process.
- Give an example (besides the one used in the text) of when using Goal Seek would be helpful.
- Give an example (besides the one used in the text) of when using a Data Table would be helpful.
- What are absolute and relative cell references?
- Why is it important to use absolute and relative cell references?
- When are tables of numbers useful in the decision-making process? When are graphs of those numbers useful?
Get Operations Management: An Integrated Approach, 5th Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.