When the Americans Entered the War in 1941,they Used the British

question 129

True/False

When the Americans entered the war in 1941,they used the British model to form operations research teams to determine how to deploy troops,submarines,and equipment most effectively.These techniques have evolved into quantitative management.

---

Definitions:

Relevant Range

The range of activity or volume in which the assumptions about fixed costs and variable costs are valid.

Variable Cost

Costs that fluctuate with the level of output, such as materials and labor directly involved in production.

Cost Driver

An element that leads to a variation in the expense associated with an action.

Semivariable Cost

Costs that have both fixed and variable components, changing in response to activity level but not directly proportional to it.