LEVIM BIOTECH LLP QA Associate Interview Questions and Answers

Black-Scholes model is a mathematical model used to calculate the theoretical price of European-style options.

• Developed by Fischer Black, Myron Scholes, and Robert Merton in 1973

• Assumes stock prices follow a lognormal distribution

• Factors in the option's strike price, time to expiration, risk-free interest rate, and volatility of the underlying asset

• Helps in determining the fair value of options and other derivatives

• Use...read more

Preventive maintenance is the practice of regularly inspecting, cleaning, and servicing equipment to prevent breakdowns and prolong its lifespan.

• Regularly inspecting equipment for signs of wear and tear

• Cleaning and lubricating moving parts

• Replacing worn out parts before they fail

• Scheduling routine maintenance tasks based on manufacturer recommendations

• Examples: changing the oil in a car every 5,000 miles, cleaning the

Preventive maintenance is the practice of regularly inspecting, cleaning, and servicing equipment to prevent breakdowns and prolong its lifespan.

• Regularly inspecting equipment for signs of wear and tear

• Cleaning and lubricating machinery to prevent corrosion and friction

• Replacing worn out parts before they fail

• Scheduling routine maintenance tasks based on manufacturer recommendations

• Examples: changing oil in a car, clea

Managed a team of 10 employees to successfully launch a new product line

• Led a team of 10 employees in developing and launching a new product line

• Coordinated with cross-functional teams to ensure project milestones were met

• Implemented strategies to increase product visibility and sales

• Analyzed market trends and customer feedback to make data-driven decisions

• Received positive feedback from senior management for exceeding