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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

If the residual error is 35 and the predicted cost value is 20, then the observed cost value will be _________?
A 55
B 15
C 65
D 85
Correct Answer: 55
The sum of manufacturing and waiting time for an order is classified as ___________?
A manufacturing efficiency time
B manufacturing cycle time
C responding time
D value chain time
Correct Answer: manufacturing cycle time
The relationship between cost and cost driver is economically plausible if the goodness of fit _________?
A has meaning
B has no meaning
C has index values
D has no index values
Correct Answer: has meaning
The carrying costs of inventories and price discounts related to delayed deliveries are examples of _____________?
A measures of growth and learning
B measures of internal business processes
C customer measures
D financial measures
Correct Answer: financial measures
The first step in estimation of cost function by using quantitative analysis is to _________?
A choose price estimation method
B choose dependent variable
C choose independent variable
D choose revenue estimation method
Correct Answer: choose dependent variable
The number of employees who left the company, divided by average number of employees to calculate the ratio is called _____________?
A employee turnover ratio
B employee empowerment ratio
C employee satisfaction ratio
D employee training percentage
Correct Answer: employee turnover ratio
Considering the relationship of variables, the relationship in which the activity cost is included in the dependent variable, which has similar cost driver is classified as __________?
A heterogeneous relationship
B extreme relationship
C no homogeneous relationship
D homogeneous relationship
Correct Answer: homogeneous relationship
If the number of employees who left the job are 40, the total number of employees are 200, then the employee turnover ratio will be __________?
A 0.6
B 0.5
C 0.2
D 0.7
Correct Answer: 0.2
The vertical dashed line in graphical representation of cost function represents the ________?
A cost representation
B irrelevant range
C relevant range
D graphical representation
Correct Answer: relevant range
The cost operations such as wages, salaries, depreciation, utilities and rent are summed together to calculate __________?
A throughput costs
B investments
C operating costs
D marginal costs
Correct Answer: operating costs
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