M C Q s D r i v e

Management Sciences 5307 MCQs [All-Courses]

thumb

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 function which is used to measure the decline in per unit cost of different business functions is classified as _____________?
A mixed curve
B experience curve
C discrete curve
D fixed curve
Correct Answer: experience curve
If the contribution margin of bundle is $45000 and the revenue of the bundle is $15000, then the contribution margin percentage for bundle will be ___________?
A 6%
B 3%
C 9%
D 12%
Correct Answer: 3%
In quantitative analysis of estimating cost function, the last and foremost step is to _____________?
A evaluate variable driver
B evaluate cost driver
C evaluate price driver
D evaluate demand driver
Correct Answer: evaluate cost driver
If the fixed cost is $65000 and the contribution margin percentage for the bundle is 0.575, then the breakeven revenue will be ____________?
A $113,043.48
B $1,200,000
C $130,000
D $140,000
Correct Answer: $113,043.48
The Regression Analysis Method of quantitative analysis of cost function considers ____________?
A all data points
B One data point
C Two data points
D Four data points
Correct Answer: all data points
If the contribution margin is $25000 and the revenues are $60000, then all the variable costs will be __________?
A −$85000
B −$35000
C $85,000
D $35,000
Correct Answer: $35,000
In estimation of cost functions, the variations in a single activity level represents the __________?
A related total costs
B related fixed cost
C related variable cost
D related per unit cost
Correct Answer: related total costs
If the contribution margin is $72000 and the operating income is $12000, then the degree of operating leverage would be ___________?
A 8
B 7
C 6
D 5
Correct Answer: 6
If an unexplained variation is 456870 and the total variation is 955000, then the coefficient of determination will be ___________?
A 0.4528
B 0.4783
C 0.5216
D 0.5425
Correct Answer: 0.5216
If the breakeven revenue is $360000 and the revenue per bundle is $12000, then the number of bundles to be sold to breakeven can be ___________?
A 52 bundles
B 48 bundles
C 45 bundles
D 30 bundles
Correct Answer: 30 bundles