Differentiate between descriptive and prescriptive models. ...

[HCHenry]

Differentiate between descriptive and prescriptive models.
 
  What will be an ideal response?

Question 2

When an interviewer asks a specified series of questions in the course of a personal interview, he/she is conducting an unstructured interview.
 
  Indicate whether the statement is true or false

[FergA]

Answer to Question 1

Descriptive models simply describe relationships and provide information for evaluation. They are used to explain the behavior of systems, to predict future events as inputs to planning processes, and to assist decision makers in making decisions.
Prescriptive models seek to determine an optimal policy, that is, the best course of action that a decision maker should take to maximize or minimize some objective.

Answer to Question 2

FALSE