David was instrumental in developing projections for acquiring new projects for the coming year.Which of the following quantitative methods was David using?
A) break-even analysis
B) capital budgeting
C) queuing theory
D) probability theory

Question

Quizplus · Accepted Answer

David was using capital budgeting, which involves analyzing and projecting the financial feasibility of investment projects. Break-even analysis is a method for determining the point at which revenue equals costs, queuing theory deals with waiting lines and service operations, and probability theory involves analyzing the likelihood of future events or outcomes.

David Was Instrumental in Developing Projections for Acquiring New Projects