With a focus on statistical tools and techniques to improve efficiency, the scientific management perspective became known as
A) MRP.
B) EOQ.
C) the operational perspective.
D) the quantitative management school.

Question

Quizplus · Accepted Answer

The use of statistical tools and techniques to improve efficiency falls under the quantitative management school. Therefore, the best choice is D. MRP (A) stands for Material Requirement Planning and is a production planning and inventory control system. EOQ (B) stands for Economic Order Quantity and is a formula used to determine the optimal order quantity to minimize the total cost of inventory management. Option C, the operational perspective, is not a commonly used term in the field of management.

With a Focus on Statistical Tools and Techniques to Improve