M C Q s D r i v e

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.

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
In a given scenario, if the cost is considered as indirect cost then independent variable will be considered as _________?
A demand allocation base
B supply allocation base
C cost allocation base
D price allocation base
Correct Answer: cost allocation base
If the cost of direct materials use in the goods sold is $5000 and the total revenues are $9000 then the throughput contribution would be ____________?
A $5,000
B $14,000
C $4,000
D $9,000
Correct Answer: $4,000
The third step in estimation of cost function, by using quantitative analysis is collection of data for ___________?
A cost and cost object
B price and cost driver
C dependent variable and cost driver
D independent variable and cost driver
Correct Answer: dependent variable and cost driver