762. Quantity of produced output is divided with cost of all used inputs to calculate

by
A. engineered productivity
B. targeted productivity
C. partial productivity
D. total factor productivity
✅ The correct answer is option D.
Quantity of produced output is divided with cost of all used inputs to calculate total factor productivity. Total factor productivity (TFP) is a measure of productivity calculated by dividing economy-wide total production by the weighted average of inputs i.e. labor and capital. It represents growth in real output which is in excess of the growth in inputs such as labor and capital.

759. Consideration of increased operating income relative to budgeted amount is classified as

by
A. favourable variance
B. unfavourable variance
C. revenue variance
D. cost variance
✅ The correct answer is option A.
Consideration of increased operating income relative to budgeted amount is classified as favourable variance. A favorable budget variance indicates that an actual result is better for the company (or other organization) than the amount that was budgeted.

796. Non-negativity condition in an LP model implies.

by
A. A positive coefficient of variables in objective function
B. A positive coefficient of variables in any constraint
C. Non-negative value of resources
D. None of the above
✅ The correct answer is option D.
Non-negativity restriction indicates that all decision variables must take on values equal to or greater than zero.

Factors that can affect nominal interest rates in financial transactions includes

by
A. special provisions
B. liquidity and default risk
C. inflation and real interest rate
D. all of above
✅ The correct answer is option D.
Factors that can affect nominal interest rates in financial transactions includes special provisions, liquidity and default risk and inflation and real interest rate.

64. A Competency consists of

by
A. The specific tasks a person must do
B. Skills and behaviors
C. A list of tests that will measure cognitive ability
D. Communications and behavior
✅ The correct answer is option D.
A Competency consists of Communications and behavior. The combination of observable and measurable knowledge, skills, abilities and personal attributes that contribute to enhanced employee performance and ultimately result in organizational success. To understand competencies, it is important to define the various components of competencies.

778. While plotting constraints on a graph paper, terminal points on both the axes are connected by a straight line because?

by
A. The resources are limited in supply
B. The objective function as a linear function
C. The constraints are linear equations or inequalities
D. All of the above
✅ The correct answer is option C.
While plotting constraints on a graph paper, terminal points on both the axes are connected by a straight line because the constraints are linear equations or inequalities. An optimal solution is a feasible solution where the objective function reaches its maximum (or minimum) value – for example, the most profit or the least cost. A globally optimal solution is one where there are no other feasible solutions with better objective function values.