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Management Sciences 5307 MCQs [All-Courses]

Management Sciences focuses on the planning, organizing, leading, and controlling of resources to achieve organizational goals.This subject is highly important for competitive exams, academic study, and professional careers in the business and public sectors.

If the gross margin is $6000 and the total revenue is $26000, then the gross margin percentage will be _____________?

A 23.08%

B 24.08%

C 25.08%

D 26.08%

Review Detailed Answer

Correct Answer: 23.08%

The vertical difference, which measures distance between estimated and actual cost for every single observation is classified as __________?

A residual term

B positive term

C negative term

D squared term

Review Detailed Answer

Correct Answer: residual term

The revenue is $11000 and all the variable cost is $6000, then the contribution margin would be ____________?

A −$17000

B $17,000

C $5,000

D −$5000

Review Detailed Answer

Correct Answer: $5,000

An error term, disturbance term or residual term is calculated as ___________?

A U=A-b

B u=A-a

C u=Y-y

D u=X-x

Review Detailed Answer

Correct Answer: u=Y-y

The fixed cost, and the contribution margin percentage for the bundle are divided to calculate _____________?

A breakeven costs

B breakeven revenues

C breakeven units

D breakeven sales

Review Detailed Answer

Correct Answer: breakeven revenues

The lower level of production leads to ____________?

A higher setup cost

B lower repair cost

C higher setup cost

D higher repair cost

Review Detailed Answer

Correct Answer: lower repair cost

The target operating income is multiplied to tax rate and then subtracted from target operating income to calculate _____________?

A target net cost

B target net income

C target net gain

D target net loss

Review Detailed Answer

Correct Answer: target net income

In the specification analysis, the assumptions related to variance state that: ________________?

A variance of residuals is constant

B variance of goodness is constant

C goodness of fit is constant

D standard error is constant

Review Detailed Answer

Correct Answer: variance of residuals is constant

An effect of fixed cost to change in operating income is classified as ___________?

A uncertain margin

B certain margin

C operating margin

D operating leverage

Review Detailed Answer

Correct Answer: operating leverage

As compared to cumulative average-time learning model, the learning model which predicts more cumulative total time to produce more units is known as __________?

A incremental unit time learning model

B incremental price learning model

C incremental unit average model

D incremental cost learning model

Review Detailed Answer

Correct Answer: incremental unit time learning model

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

If the gross margin is $6000 and the total revenue is $26000, then the gross margin percentage will be _____________?

The vertical difference, which measures distance between estimated and actual cost for every single observation is classified as __________?

The revenue is $11000 and all the variable cost is $6000, then the contribution margin would be ____________?

An error term, disturbance term or residual term is calculated as ___________?

The fixed cost, and the contribution margin percentage for the bundle are divided to calculate _____________?

The lower level of production leads to ____________?

The target operating income is multiplied to tax rate and then subtracted from target operating income to calculate _____________?

In the specification analysis, the assumptions related to variance state that: ________________?

An effect of fixed cost to change in operating income is classified as ___________?

As compared to cumulative average-time learning model, the learning model which predicts more cumulative total time to produce more units is known as __________?