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MCQs

Total Questions : 363 | Page 3 of 37 pages
Question 21. Econometric models include techniques from
  1.    statistics
  2.    All of these
  3.    None of these
  4.    economics
  5.    mathematics
 Discuss Question
Answer: Option B. -> All of these
Question 22. The product structure file is also called the
  1.    bill of materials file
  2.    None of these
  3.    operations file
  4.    All of these
  5.    item master file
 Discuss Question
Answer: Option A. -> bill of materials file
Question 23. Average inventory level is reduced by
  1.    decreasing the vendor lead time
  2.    decreasing the order quantity
  3.    lowering the reorder point
  4.    increasing the usage rate
  5.    None of these
 Discuss Question
Answer: Option B. -> decreasing the order quantity
Question 24. Error reports are an example of:
  1.    exception reports
  2.    management reports
  3.    demand reports
  4.    predictive reports
  5.    scheduled reports
 Discuss Question
Answer: Option A. -> exception reports
Question 25. A constraint that does not, affect the feasible solution region is known as
  1.    redundant constraint
  2.    unbounded solution
  3.    surplus variable
  4.    slack variable
  5.    None of these
 Discuss Question
Answer: Option A. -> redundant constraint
Question 26. Slack is the calculated time span within which the event must occur:
  1.    All of these
  2.    None of these
  3.    FALSE
  4.    cannot be said
  5.    TRUE
 Discuss Question
Answer: Option E. -> TRUE
Question 27. A _____ is a brief message to an operator that describes what data are to be entered.
  1.    MIS
  2.    Tactical
  3.    prompt
  4.    None of these
  5.    passwords
 Discuss Question
Answer: Option C. -> prompt
Question 28. The online, softcopy display of a customer's charge account to respond to an inquiry is an example of a(n):
  1.    regularly scheduled report
  2.    on-demand report
  3.    exception report
  4.    None of these
  5.    forecasting report
 Discuss Question
Answer: Option B. -> on-demand report
Question 29. Computer support to the manager has been least in
  1.    alternative identification
  2.    alternative evaluation
  3.    alternative selection
  4.    problem identification
  5.    None of these
 Discuss Question
Answer: Option A. -> alternative identification
Question 30. A _____ decision is routine one that's made following the completion of a preplanned series of steps.
  1.    simulation
  2.    tactical
  3.    structured
  4.    None of these
  5.    strategic
 Discuss Question
Answer: Option C. -> structured

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