MCQsDrive | MCQsDrive

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.

A technique for estimating regression line, which minimizes the sum of vertical deviations squares is classified as __________?

A variable technique

B least square technique

C indexed technique

D fixed technique

Review Detailed Answer

Correct Answer: least square technique

Considering two fiscal years 2013 and 2014, if the selling price in 2013 and 2014 is $55 and $60 per unit respectively and actual units sold in 2013 are 25000 units, then revenue effect of price recovery will be __________?

A $14,500

B $135,000

C $125,000

D $12,500

Review Detailed Answer

Correct Answer: $125,000

The weak relationship between cost and cost driver is indicated on a regression line, which is ___________?

A curved

B slightly sloped

C completely sloped

D dotted

Review Detailed Answer

Correct Answer: slightly sloped

In strategy formulation, the forces that must be focused for industry analysis include ________?

A potential entrants in market

B customer’s bargaining power

C supplier’s bargaining power

D all of above

Review Detailed Answer

Correct Answer: all of above

Which one of the following is the main advantage of quantitative method?

A non expression

B non constant

C objective

D non objective

Review Detailed Answer

Correct Answer: objective

In operating income strategic analysis, the strategic component which measures change in operating income, attributed for change in price of outputs and inputs is classified as __________?

A internal process component

B growth component

C price recovery component

D productivity component

Review Detailed Answer

Correct Answer: price recovery component

The large residual term and negative slope of line indicate?

A inverse proportion

B direct proportion

C badness proportions

D goodness proportion

Review Detailed Answer

Correct Answer: inverse proportion

The quantity of produced output is divided by quantity of used input to calculate __________?

A targeted productivity

B total factor productivity

C partial productivity

D unused productivity

Review Detailed Answer

Correct Answer: partial productivity

In quantitative analysis to estimate cost function, the fourth step is to __________?

A write a liner function

B write price function

C write manufacturing function

D plot the data

Review Detailed Answer

Correct Answer: plot the data

If the quantity of manufactured jackets is 2250000 units and the leather used to produce the output is 3500000 m², then direct partial productivity of material will be ___________?

A 0.642 unit of jacket per ² of leather

B 0.342 unit of jacket per ² of leather

C 0.442 unit of jacket per ² of leather

D 0.542 unit of jacket per ² of leather

Review Detailed Answer

Correct Answer: 0.642 unit of jacket per ² of leather

Showing 371 to 380 of 1450 results

Contact Info

Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

A technique for estimating regression line, which minimizes the sum of vertical deviations squares is classified as __________?

Considering two fiscal years 2013 and 2014, if the selling price in 2013 and 2014 is $55 and $60 per unit respectively and actual units sold in 2013 are 25000 units, then revenue effect of price recovery will be __________?

The weak relationship between cost and cost driver is indicated on a regression line, which is ___________?

In strategy formulation, the forces that must be focused for industry analysis include ________?

Which one of the following is the main advantage of quantitative method?

In operating income strategic analysis, the strategic component which measures change in operating income, attributed for change in price of outputs and inputs is classified as __________?

The large residual term and negative slope of line indicate?

The quantity of produced output is divided by quantity of used input to calculate __________?

In quantitative analysis to estimate cost function, the fourth step is to __________?

If the quantity of manufactured jackets is 2250000 units and the leather used to produce the output is 3500000 m², then direct partial productivity of material will be ___________?