Quantitative methods used in the quantitative management school include
A) quality management, bureaucratic management, and MRP.
B) EOQ, soldiering, and division of labor.
C) break-even analysis, EOQ, and MRP.
D) MRP, quality management, and time and motion studies.

Question

Quizplus · Accepted Answer

The quantitative management school focuses on the application of mathematical and statistical methods in managing organizations effectively. Break-even analysis, economic order quantity (EOQ), and material requirements planning (MRP) are all quantitative methods that are commonly used in this approach. Quality management and time and motion studies are also important, but are not mentioned in the options. Bureaucratic management and soldiering are not quantitative methods.

Quantitative Methods Used in the Quantitative Management School Include