Objective questions of financial management

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Reference no: EM1310163

Q1. As part of pa strategy for improving competitiveness, a manager may have to initially sacrifice:

research and development
product or service quality
employee pay raises
short-term performance
all of the above

Q2. A reason for the importance of capacity decisions is that capacity:

limits the rate of output possible
affects operating costs
is a major determinant of initial costs
is a long-term commitment of resources
all of the above

Q3. Which of the following is not a necessary assumption in order for a linear programming model to be used effectively?

linearity
divisibility
certainty
exponentially
non-negativity

Q4. The type of processing that is used for highly standardized products is:

continuous
intermittent
batch
mass
project

Q5. In which type of processing system would sugar refining be done?

batch
assembly
job shop
project
continuous

Reference no: EM1310163

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