Quantitative Techniques in Management MCQ


11. Question

Match the following :

a. For fraction or proportion of defects 1. R-chart
b. For number of defects 2. C-chart 
c. For number of defects for unit 3. nP-Chart
d. For monitoring process variability 4. P-Chart

 




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12. Question

Statement – I : One of the major causes of the industry for larger capacity is the argument that large facilities facilitate greater economies of scale. But the major concern for building big capacity is that funds will be tied up or scarcity of funds.

Statement – II : A viable alternative to larger capacity production facilities is to develop subcontractor and supplier networks.




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13. Question
In a symmetrical distribution




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14. Question
From the following, identify the test
which can be used both as parametric
and non-parametric ?




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15. Question
Arrange the following in ascending
order in the testing of hypothesis :
(i) Determining the level of
significance
(ii) Deciding the Statistical Test
and computation
(iii) Setting the hypothesis
(iv) Decision




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