Which of the Following Perspectives Emphasized a Rational, Scientific Approach

question 106

Multiple Choice

Which of the following perspectives emphasized a rational, scientific approach to the study of management and sought to turn organizations into efficient operating machines?

• A) Humanistic perspective
• B) Behavioral sciences approach
• C) Classical perspective
• D) Contingency view
• E) Systems thinking

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Definitions:

Economic Order Quantity Model

A formula used in inventory management to determine the optimal order size that minimizes total inventory costs.

Holding Cost

The expenses associated with keeping inventory in stock, such as storage, insurance, and spoilage costs.

Economic Order Quantity

A formula used to determine the most cost-effective quantity to order, balancing ordering costs with holding costs.

EOQ

Economic Order Quantity, a formula used in inventory management to determine the optimal order size that minimizes total costs of inventory holding and ordering.