Several explanations account for the limited use of quantitative management. Many aspects of a management decision expressed through mathematical symbols and formulas.

cannot

Explanation:

Quantitative management can be regarded as approach to management that makes utilize tools such as computers as well as mathematical techniques inorder to sift through financial statistics in stocks selection and others. Managers do use Quantitative management in observing historical quantitative relationships as well as to incorporate all the relationships into what is known as “models,” so stocks can be picked.

Quantitative techniques helps managers to use variety of tools from

operational research, statistics as well as mathematics and economics. It should be noted that Several explanations account for the limited use of quantitative management. Many aspects of a management decision cannot expressed through mathematical symbols and formulas.

answer the amount a seller is paid minus the cost of production;