Most operating decisions of management focus on a narrow range of activity called the ______ of production.
A)relevant range
B)strategic level
C)optimal level
D)tactical operating level

Question

Quizplus · Accepted Answer

The relevant range of production refers to the level of activity within which the assumptions about fixed and variable costs are valid. Management's operating decisions often focus on this range to ensure cost behaviors are predictable and aligned with production levels.

Most Operating Decisions of Management Focus on a Narrow Range