Principles of Information Systems (MindTap Course List)
12th Edition
ISBN: 9781285867168
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Expert Solution & Answer
Chapter 10, Problem 5SAT
Program Description Answer
A satisficing model finds a good problem solution, although it may not be the best problem solution.
Hence, the given statement is “True”.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
A satisficing model is one that will find a good problem solution, although not necessarily the best problem solution. True or False?
Unsatisficing models are those that discover a satisfactory solution to a problem, but not always the best possible answer. Is this true or false?
A satisficing model will discover a decent, but not necessarily the best, solution to a problem. True/False
Chapter 10 Solutions
Principles of Information Systems (MindTap Course List)
Ch. 10.6 - Prob. 1DQCh. 10.6 - Prob. 2DQCh. 10.6 - Prob. 1CTQCh. 10.6 - Prob. 2CTQCh. 10.9 - Prob. 1DQCh. 10.9 - Prob. 2DQCh. 10.9 - Prob. 1CTQCh. 10.9 - Prob. 2CTQCh. 10 - During which stage of the problem-solving process...Ch. 10 - The three stages of decision making are augmented...
Ch. 10 - Prob. 3SATCh. 10 - Prob. 4SATCh. 10 - Prob. 5SATCh. 10 - Prob. 6SATCh. 10 - Prob. 7SATCh. 10 - Prob. 8SATCh. 10 - Prob. 9SATCh. 10 - Prob. 10SATCh. 10 - Prob. 11SATCh. 10 - The ______ approach is a structured, interactive,...Ch. 10 - Prob. 13SATCh. 10 - Prob. 14SATCh. 10 - Prob. 1RQCh. 10 - Prob. 2RQCh. 10 - Prob. 3RQCh. 10 - Prob. 4RQCh. 10 - Prob. 5RQCh. 10 - Prob. 6RQCh. 10 - Prob. 7RQCh. 10 - Prob. 8RQCh. 10 - Prob. 9RQCh. 10 - Prob. 10RQCh. 10 - Prob. 11RQCh. 10 - Prob. 12RQCh. 10 - Prob. 13RQCh. 10 - Prob. 14RQCh. 10 - Prob. 15RQCh. 10 - Prob. 16RQCh. 10 - Prob. 17RQCh. 10 - Prob. 1DQCh. 10 - Prob. 2DQCh. 10 - Prob. 3DQCh. 10 - Prob. 4DQCh. 10 - Prob. 5DQCh. 10 - Prob. 6DQCh. 10 - Prob. 7DQCh. 10 - Prob. 8DQCh. 10 - Prob. 9DQCh. 10 - Prob. 10DQCh. 10 - Prob. 1PSECh. 10 - Prob. 1TACh. 10 - Prob. 2TACh. 10 - Prob. 3TACh. 10 - Prob. 1WECh. 10 - Prob. 2WECh. 10 - Prob. 3WECh. 10 - Prob. 1CECh. 10 - Prob. 2CECh. 10 - Prob. 1DQ1Ch. 10 - Prob. 2DQ1Ch. 10 - Prob. 1CTQ1Ch. 10 - Prob. 2CTQ1Ch. 10 - Prob. 1DQ2Ch. 10 - Prob. 2DQ2Ch. 10 - Prob. 1CTQ2Ch. 10 - Prob. 2CTQ2Ch. 10 - Prob. 1DQ3Ch. 10 - Prob. 2DQ3Ch. 10 - Prob. 1CTQ3Ch. 10 - Prob. 2CTQ3
Knowledge Booster
Similar questions
- Can a model include several dependent variables? Can decision problems contain several variables?arrow_forwardAn optimum solution only applies to a mathematical model that represents the issuearrow_forwardHow do you think computer models could be used to show problems that don't have easy solutions?arrow_forward
- The process of building a model should not force a consideration of which factors influence the situation, including which are most important. -True -False KINDLY EXPLAINarrow_forwardWhen attempting to simulate problems that cannot be reduced to a single unified category, how may one best employ simulation models?arrow_forwardWho thought about ADTs? Depict them. How do they function in practice? In what respects are ADTs superior to conventional techniques? Does the concept of heredity facilitate problem-solving?arrow_forward
- Examine the consequences of underfitting and overfitting a model.arrow_forwardWhich problems are best suited to supervised, unsupervised, or reinforcement learning?Justify your choices.arrow_forwardHow should simulation models be used when endeavouring to simulate problems that cannot be reduced to a singular, unified category?arrow_forward
- There are several distinctions between a descriptive model and a prescriptive model.arrow_forward1. Optimizers are a set of procedures defined in SciPy that either find the minimum value of a function, or the root of an equation. Group of answer choices True False 2. A simulation of the underlying value at maturity is sufficient for the Monte Carlo simulation of European style options. Group of answer choices True False 3. A derivative is a financial instrument whose value depends on the value of an underlying variable. Group of answer choices True False 4. Two classes of statistical problems are most commonly addressed within Monte Carlo framework: integration and optimization. Group of answer choices True False 5. Global maxima is the highest point in the whole curve. Group of answer choices True Falsearrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
Np Ms Office 365/Excel 2016 I NtermedComputer ScienceISBN:9781337508841Author:CareyPublisher:Cengage
Np Ms Office 365/Excel 2016 I Ntermed
Computer Science
ISBN:9781337508841
Author:Carey
Publisher:Cengage