Final answer:
Quantifying a problem helps a business owner determine its worth and assess the significance of solving it. Mathematical models can estimate the costs of solutions and analyze the science behind them.
Step-by-step explanation:
Quantifying a problem helps a business owner determine how much it is worth to them to solve it. By putting a value on inputs and outputs of a decision, a business owner can assess the significance of solving the problem. Mathematical models can be used to estimate the costs associated with solving the problem and analyze the linkage between the science behind a solution and its implementation cost.