You have fixed costs of 500,000 and variable costs of 3 per unit. Your product sells for
7 per unit and you predict sales of 200,000 units. What is the breakeven point?
a. 166,667 units
b. 166,117
c. 125,000
d. 125,000 units
e. 25,000 units
Question 2Given that you operate under a set of resource constraints, which of the following
techniques will allow you to determine the profit- maximizing combination of products for
your firm?
a. Delphi
b. Gantt
c. PERT
d. sensitivity analysis
e. linear programming
Question 3Which of the following is generally NOT used to develop sales forecasts?
a. General economic indicators
b. Technological improvements
c. New marketing strategies
d. Current interest rates
e. Previous sales figures
Question 4Which of the following is NOT a forecasting technique?
a. customer evaluation method
b. breakeven analysis
c. sales-force-composition method
d. Delphi method
e. jury-of-expert-opinion
Question 5You determine that employee age, gender, race, and level of education may be correlated in
some way to the amount of employee absenteeism. If you now generate an equation to
predict absenteeism based on levels of these factors, you are using
a. time-series analysis.
b. environmental scanning .
c. modeling.
d. sensitivity analysis.
e. the Delphi procedure.
Question 6A retail store plots its monthly sales for the last three years and then forecasts the sales for
the upcoming year. This is an example of
a. Delphi forecasting.
b. time-series forecasting.
c. action planning.
d. linear programming.
e. breakeven analysis.
Question 7Which of the following techniques is a quantitative forecasting technique?
a. time-series analysis
b. Delphi procedure
c. sales force composition
d. environmental scanning
e. sensitivity analysis
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