Which Type of Analysis of Operational Metrics Can Identify Changes

question 8

Multiple Choice

Which type of analysis of operational metrics can identify changes in performance over time?

• A) OLS Regression
• B) Data Envelopment Analysis
• C) Trend analysis
• D) Stochastic Frontier Analysis

---

Definitions:

Dollars Per Unit

A unit cost measure representing the price or cost of a single item or measure of goods or services.

Elasticity of Product Demand

A measure of the responsiveness of the quantity demanded of a product to changes in its price.

Elasticity of Resource Demand

The measure of how much the quantity demanded of a resource changes in response to a change in its price.

MRP

Marginal Revenue Product, which is the additional revenue generated from employing one more unit of a resource.