Reviewer

Question 1

Quantitative techniques management theory that came into existence of __

Answer 1

world war ii

Question 2

Collection of mathematical and statistical tools

Answer 2

Quantitative techniques

Question 3

involve using various elements of quantities including number

Answer 3

Quantitative techniques

Question 4

Adopt scientific approach in decision making

Answer 4

Quantitative techniques

Question 5

arrangement of objects in a definite order

Answer 5

permutation

Question 6

an orderly arrangement of certain given numbers or symbols in a rows and columns.

Answer 6

matrix

Question 7

number of rows and columns in a matrix called its __

Answer 7

Dimention

Question 8

it is a powerful device developed over the matrux of algebra

Answer 8

determinants

Question 9

is a mathematical process of finding out changes in the dependent variable

Answer 9

differentiation

Question 10

reverse process of differentiation

Answer 10

integration

Question 11

Mathematical equation which involves the different coefficients of the dependent variable

Answer 11

differential Equation

Question 12

different methods for collecting primary and secondary

Answer 12

collection of data

Question 13

measure the fluctuations in various phenomena like prie, production

Answer 13

index numbers

Question 14

help us to know the effect of factors which are responsible for changes

Answer 14

time series Analysis

Question 15

estimating under certain assumptions

Answer 15

interpolation

Question 16

provides numerical values of the likely hood of the occurrence oc events

Answer 16

probability theory

Question 17

which a group of observation are extracted from a larger population

Answer 17

sampling analysis

Question 18

used in finding solution for optimizing a given objective under certain constraints

Answer 18

linear programming

Question 19

deals with mathematical study of queues

Answer 19

queuing theory

Question 20

used to determine the optimum strategy in a competitive situation

Answer 20

game theory

Question 21

this is concerned with making sound decisions under conditions of certainty, risk and uncertainty

Answer 21

decision theory

Question 22

a techniques of testing model which resembles real life situations

Answer 22

simulations

Question 23

helps for optimizing the inventory levels

Answer 23

inventory theory

Question 24

a tool that used to determine a sequence in which given jobs should performed

Answer 24

sequencing

Question 25

Methods of Quantitative Techniques

Answer 25

Formulating the problem Defining the decision variables and constraints Developing a suitable model Acquired the input data Solving the model Validating the model Implementing the result

Question 26

company meet or surpass customer expectation

Answer 26

customer satisfaction

Question 27

increasing the relative value

Answer 27

business value enhancement

Question 28

is a process where an organization give employees authority and responsibility

Answer 28

empowerment of employees

Question 29

the combined efforts of a group

Answer 29

creating synergy among teams

Question 30

refers to how well product satisfies customer needs serve its purpose and meet industry needs

Answer 30

creating quality products

Question 31

measure to ensure that defects being detected so far

Answer 31

preventing defects

Question 32

different people will have responsibility or influence over different things

Answer 32

being responsible for quality

Question 33

is defined as systematic and ongoing effort to enhance products

Answer 33

focusing on continuous improvement

Question 34

used in regression analysis

Answer 34

leveraging statistical measurement

Question 35

tools to create sustainable goal attainment

Answer 35

remaining focused on the processes

Question 36

continuous improvement

Answer 36

commitment to refinement and learning

Question 37

the investigator directly contacts the informants

Answer 37

direct personal observation

Question 38

the information are mot collected directly from the source

Answer 38

indirect oral interview

Question 39

information are collected through a set of questionnaire

Answer 39

mailed questionnaire method

Question 40

a document prepared by the investigator containing a set of questions

Answer 40

questionnaire