answersLogoWhite

0


Best Answer

The official definition for a quantitative model is " Collection of mathematical and statistical methods used in the solution of managerial and decision-making problems, also called operations research (OR) and management science."

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a quantitative model?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the differences between qualitative and quantitative models?

distinguish between qualitative and quantitative model


What is quantitative management?

Quantitative management is the use of math to solve problems. It is important to collect information about a problem and solutions to create a useful mathematical model.


Quantitative research is often reported as what to aid understanding?

Quantitative research are methodologies and reporting of numerical values, statistics and relationships to describe and model phenomena. Quantitative and qualitative procedures serve as the aid and foundation to understanding and executing the scientific method.


What is a quantitative?

The official definition for a quantitative model is " Collection of mathematical and statistical methods used in the solution of managerial and decision-making problems, also called operations research (OR) and management science."


What are the difference about quantitative and quantitative?

Nothing, quantitative and quantitative are the same thing....


Is break-even point a quantitative analysis model?

Yes. Because break even analysis determines the sales level needed to break even in units or dollars (both are numbers) so it is quantitative.


What allows managers and decision makers to perform quantitative analysis on both internal and external data?

Model Base


Is the students age qualitative or quantitative?

It is quantitative.


Is a position in an exams a qualitative or quantitative data?

qualitative


Is the statement the cup had a mass of 454 grams qualitative or quantitative?

quantitative


How do you pronounce qualitative and quantitative?

quantitative


Is reductionism qualitative or quantitative?

Quantitative