Which of the following may be used to estimate how inventory warehouse costs are affected by both the number of shipments and the weight of the material handled? (CPA adapted)
A)economic order quantity analysis
B)probability analysis
C)correlation analysis
D)multiple regression analysis

Question

Quizplus · Accepted Answer

Multiple regression analysis allows for the examination of the relationships between multiple independent variables and a dependent variable. In this case, the number of shipments and weight of material handled are likely to be independent variables affecting inventory warehouse costs. Therefore, multiple regression analysis would be the best option to estimate how these factors impact the costs.

Which of the Following May Be Used to Estimate How