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What quantitative techniques are applied for business analysis?
A. Quantitative Techniques with reference to time series analysis in business expansion. B. Quantitative techniques are mathematical and reproducible. Regression analysis is an example of one such technique. Statistical analysis is also an example of a quantitative technique. C. Quantitative techniques are applied for business analysis to optimize decision making IE profit maximization and cost minimization). It covers linear programming models and other special algorithms, inventory and production models; decision making process under certainty, uncertainty and risk; decision tree construction and analysis; network models; PERT and CPA business forecasting models; and computer application.
Applications of quantitative technique in business?
A. Quantitative Techniques with reference to time series analysis in business expansion. B. Quantitative techniques are mathematical and reproducible. Regression analysis is an example of one such technique. Statistical analysis is also an example of a quantitative technique. C. Quantitative techniques are applied for business analysis to optimize decision making IE profit maximization and cost minimization). It covers linear programming models and other special algorithms, inventory and production models; decision making process under certainty, uncertainty and risk; decision tree construction and analysis; network models; PERT and CPA business forecasting models; and computer application.
Statistical sampling procedures approved by the Agency Head or designee may be used by Certifying Officers when?
An analysis shows that the risk of loss is less than the cost of examining every voucher at the approved threshold.
What is real Limits in Quantitative Techniques?
following are the limitation of QT techniques 1 inherent limitations concerning mathematical expressions 2 high cost are involved in using quantitative techniques 3 QT does not take in to consideration the intangible factors example non- measurable of human resources 4 QT are just tool of analysis and not the complete decision making process
What does a construction estimator do?
The main aspect of the job is to analyze and compile data you have at hand in other words they calculate how much materials needed for a specific job, as well as cost, they make really good money too!!!
