CAVITE STATE UNIVERSITY – MAIN CAMPUS

INDANG CAVITE

REFLECTION PAPER 3

(MANEGEMENT SCIENCE)

SUBMITTED TO:
CRISTINA M. SIGNO, PHD
201 – MANAGEMENT

SUBMITTED BY:
RODELIA ANNE C. MAÑABO
MAED

DATE: June 24, 2023

Management Science is a medium that helps organizations to achieve goals with the use

of multiple scientific models for the purpose of decision making at all levels of

management. We have discussed seven Tool that specifically designed to solve problems

of management.

(1) Decision Matrix. It’s a simple table that evaluates options and judges them according

to ranking like a voting system that you personally weigh the criteria of each option

using numeric figure to identify which is the best option.

(2) Decision Tree. We usually use this when making a flow chart. It’s a process flow that

gives direction in a sequential order to do or solve a task. It represents the procedure

in a matter that any level of the organization could easily follow using visual diagram.

(3) Network Model. I encountered this technique during my stay at a construction

company. We used both PERT (Project Evaluation and Review Technique) and CPM

(Critical Path Method) in project management. These are common tools that divide

the activities as per function and responsibility that help in proper coordination of

work with the different teams involved in the project. It allows the project managers

to take appropriate decisions that reduce delays in the completion of projects.

(4) Mathematical Programming. This technique is probably the most accurate way of

making decisions because this uses numeric data as factors and identifying the answer

by means of mathematical formula and solution. A simple example is planning a

production schedule. You must identify factors like, the man-hour, machine operation,

delivery lead time, etc.

(5) Marcov chains. I really have searched more about this method for me to understand

how it works. According to what I have read, the simplest example of Markov chain
 is a board game played with dice. Like Snakes and Ladders. Your next step in the

game depends entirely on the dice. The current scenario or “number on the dice” will

determine your next move in the game.

(6) Simulation Model. In the industry, we use and call this mock-up model. We do this to

assess the quality of the unit and check possible problems that might be encountered

during the actual installation of the units or products.

(7) Queuing Model. Examples of this model are waiting in line at a bank or a store,

waiting for a customer service representative to answer a call after the call has been

placed on hold and waiting for a train to come. Management can create more efficient

and cost-effective services and systems by studying the congestion and its causes of

the queues.

I think the queuing method is probably being used to solve our problem with the traffic.

If this doesn’t help, maybe they should look into other methods. Haha ^_^