Discuss the advantages and limitations of using results, Management Theories

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Discuss the advantages and limitations of using results

1. What is meant by validation of model? 6. Explain the advantages of modelling with the help of a short example.

2. Discuss the advantages and limitations of using results from a mathematical model to make decision as out operations.

3. What are different type of models used in management science.

4. What are some of the opportunities in management science?

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Management Theories: Discuss the advantages and limitations of using results

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Management Theories: Discuss the advantages and limitations of using results

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