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Free "Business Mathematics MCQs" App Download (Android & iOS) with MCQ: Cost which occurs in the process of collection of outstanding amount is classified as; with answers: opportunity cost, collection cost, processing cost, and outstanding cost. Practice Linear Programming An Introduction Questions and Answers, Google e-Book to download free chapter for master's degree in business administration.

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MCQ 436: The cost which occurs in the process of collection of outstanding amount is classified as:

  1. collection cost
  2. opportunity cost
  3. outstanding cost
  4. processing cost

MCQ 437: The method used to for two and three variable systems is the:

  1. inconsistent procedure
  2. consistent procedure
  3. substitute procedure
  4. elimination procedure

MCQ 438: The permissible half space is included in the side of line only if inequality is satisfied by:

  1. coordinates
  2. vertex
  3. intercepts
  4. quadrants

MCQ 439: In the sensitivity analysis, the frequently derivation of parameters in optimal solution cannot be determined with:

  1. variable uncertainty
  2. certainty
  3. cost uncertainty
  4. price uncertainty

MCQ 440: The technique or method which is used to minimize or maximize some objective is classified as:

  1. row modeling
  2. data modeling
  3. optimization
  4. programming

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