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Management Sciences 5307 MCQs [All-Courses]

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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.

All Topics  5307

A theory which describes techniques of operating income maximization, facing with non-bottleneck and bottleneck operations is ___________?
A theory of contribution
B theory of constraints
C theory of conflicts
D theory of maximization
Correct Answer: theory of constraints
The incurred costs to exclude the production of goods, that do not meet the specification, are called ___________?
A rework costs
B prevention costs
C incremental costs
D reengineering costs
Correct Answer: prevention costs
The worse fit between estimated cost and actual observations is shown on regression line with ___________?
A larger residual terms
B zero residual terms
C variable residual terms
D smaller residual terms
Correct Answer: larger residual terms
The cost incurs for defective products, after their shipment to customers is classified as ___________?
A prevention costs
B external failure costs
C appraisal costs
D internal failure costs
Correct Answer: external failure costs
The learning curve models include ___________?
A cumulative average time learning model
B incremental unit time learning model
C incremental production learning model
D both a and b
Correct Answer: both a and b
If the value added manufacturing time is 65 minutes, the total manufacturing time is 80 minutes, then the manufacturing cycle time will be _________?
A 0.8125
B 0.6125
C 0.9125
D 1.725
Correct Answer: 0.8125
If the difference between costs linked to highest and lowest observation of cost driver is $27000 and observation of cost driver is 90 machine hours, then slope coefficient would be ____________?
A $800
B $400
C $300
D $600
Correct Answer: $300
The value added manufacturing time is divided by total manufacturing, is to calculate
A value chain efficiency
B value chain effectivity
C manufacturing cycle effectivity
D manufacturing cycle efficiency
Correct Answer: manufacturing cycle efficiency
If the difference in costs is $9000 and the difference in machine hours is $15000, then slope coefficient would be ___________?
A 1.24
B 0.24
C 0.6
D 1.667
Correct Answer: 0.6
The factors identified by cause and effect diagrams include ___________?
A component and material factors
B machine-related factors
C human factors
D all of above
Correct Answer: all of above
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