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    Christine Marie Ramirez - Activity - 2

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    Christine Marie T. Ramirez
    Management science applies science and mathematics to study management and help solve problems organizations face. It uses analysis, statistics, and other methods to improve manager decision making. William W. Cooper is considered the founder of management science; he pioneered the use of mathematical and scientific approaches to benefit businesses. Some benefits of management science include providing decision tools for managers and enhancing organizational understanding. Limitations include ignoring non-quantifiable human factors, unrealistic assumptions, and limited problem-solving scope.

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    Christine Marie Ramirez - Activity - 2

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    Christine Marie T. Ramirez
    24 views2 pages
    Management science applies science and mathematics to study management and help solve problems organizations face. It uses analysis, statistics, and other methods to improve manager decision making. William W. Cooper is considered the founder of management science; he pioneered the use of mathematical and scientific approaches to benefit businesses. Some benefits of management science include providing decision tools for managers and enhancing organizational understanding. Limitations include ignoring non-quantifiable human factors, unrealistic assumptions, and limited problem-solving scope.

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    Christine Marie Ramirez - Activity_2

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    Management science applies science and mathematics to study management and help solve problems organizations face. It uses analysis, statistics, and other methods to improve manager decision making. William W. Cooper is considered the founder of management science; he pioneered the use of mathematical and scientific approaches to benefit businesses. Some benefits of management science include providing decision tools for managers and enhancing organizational understanding. Limitations include ignoring non-quantifiable human factors, unrealistic assumptions, and limited problem-solving scope.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    24 views2 pages

    Christine Marie Ramirez - Activity - 2

    Uploaded by

    Christine Marie T. Ramirez
    Management science applies science and mathematics to study management and help solve problems organizations face. It uses analysis, statistics, and other methods to improve manager decision making. William W. Cooper is considered the founder of management science; he pioneered the use of mathematical and scientific approaches to benefit businesses. Some benefits of management science include providing decision tools for managers and enhancing organizational understanding. Limitations include ignoring non-quantifiable human factors, unrealistic assumptions, and limited problem-solving scope.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    of 2

    Ramirez, Christine Marie T.

    BSA 2101

    Activity No. 2

    Date: October 2, 2020

    SHORT ESSAY RESPONSE. Answer the following questions comprehensively. Be


    guided by the rubric on the right. (three to five sentences)

    A.

    1. Differentiate management science from other mathematical discipline.

    Management science is the application of science and mathematics to study


    management whereas analysis, statistics and methods are used for the management
    system to solve problems. However, mathematical discipline is a grouped of related science
    used as tools in order to apply in management to have an appropriate solution to the
    problems being faced by the organizations. Management science is used in practicing
    scientific management or applying scientific approach to problem-solving to enhance
    manager’s decision-making while mathematical disciplines are operations or processes
    involved in the solution of a problem.

    2. How can management science be useful in business?

    Management science is a scientific approach designed to particularly identify and


    evaluate the effectiveness of certain process or decision. Also, it is recommendable for
    managers to use this approach as a tool to effectively plan, organize, lead and control
    operations within the business. Through this, increase in production and achievement of
    company’s objective will be observed. Moreover, management science plays a vital role in
    solving problems within the company by providing best and applicable solutions for the
    betterment of the management and operations of the company. In addition, with this
    approach, direct facilities, marketing, purchasing, personnel allocation, research and
    development can be used resulting to maximization of profit.

    3. What is the relation of William W. Copper to management science?

    William Wager Cooper known as the Father of Management Science and Mr. Linear
    Programming was an American operations researcher. He was the founding President of
    The Institute of Management Sciences. Furthermore, his major subjects were about
    economics, accounting and management science and operations research and said to have
    high volume and high diversity. He innovated the design of organizations and applied
    mathematical and scientific approach for the benefit of businesses.
    B.

    1. Give at least three limitations and contribution of management science. (6 points)


    Contributions of Management Science
     Management Science opened new ways for managers to operate the business.
     Provides decision-making tools and techniques for managers to think about
    complex managerial problems in the future and give appropriate solutions.
     Enhances understandability of overall organizational processes by the managers

    Limitations of Management Science

     This theory ignores the importance of people, relationships and other non-
    quantifiable factors.
     The assumptions used for quantifying decision making do not match real-world
    situations.
     This theory is not substituted of management functions. It prescribes a limited
    number of tools for the specific use in solving problems.

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