………………..is the process of creating and using mathematical representations of management problems and organizations to predict outcomes of proposed courses of action

Related MCQs

• ………………….refers to the process of creating new products or modifying the existing ones within a predetermined time frame and cost price
• …………… is the process of comparing actual performance with the standard and taking corrective Action.
• Which of the following is not a key way in which business organizations compete with one another?
• ………………is the systematic recording and critical examination of existing and the proposed way of doing work as a means of developing effective methods.
• ……………….. is that aspect of operation management function, which is concerned with the acquisition, control, and use of materials needed and flow of goods and services connected with the production process.
• ………………..is a group of workers from the same area who usually meet to discuss their problems, investigate, recommend solutions and to corrective actions
• …………….is the management of all activities directly related to the production of goods and services
• is an information management system that connects all departments and disciplines within a company making them an integrated unit.
• Scientific management, time study and work study are associated with
• Which of the following is not an objective of operations management?