LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/False

Question

A two person game offering 2 strategies to each player is called 2x2 game.

Correct Answer

True

Your Answer

True

Multiple Choice Single Answer

Question

Simplex method sets up equation of constraints & :-

Correct Answer

Objective Function

Your Answer

Objective Function

True/False

Question

There is one queue & one server in the service facility is Single Queue: Single Server.

Correct Answer

True

Your Answer

True

Select The Blank

Question

The ________ are the points from which decision alternatives emerges branches of the tree.

Correct Answer

Decision modes

Your Answer

Decision modes

Multiple Choice Single Answer

Question

Mixed strategy game is solved using :-

Correct Answer

Probability

Your Answer

Probability

Multiple Choice Single Answer

Question

Linear Programming select the shortest route for a salesman starting from a given city, visiting each city & then return back is called as :-

Correct Answer

Traveling Salesman Problems

Your Answer

Traveling Salesman Problems

Multiple Choice Multiple Answer

Question

Terms relating to LP are :-

Correct Answer

Constraints , Objective Function , Non-Negativity Condition

Your Answer

Constraints , Objective Function , Non-Negativity Condition

Select The Blank

Question

The ________ aims to achieve orderly flow of batches of a product at a sequence of unconnected work.

Correct Answer

Line of balance

Your Answer

Line of balance

Select The Blank

Question

Management Science & ORT provide computational techniques to select optimal solution is called as ________.

Correct Answer

Analytical Decisions

Your Answer

Analytical Decisions

Multiple Choice Multiple Answer

Question

Terminologies of Decision Tree are :-

Correct Answer

Event nodes , Branches of Tree , Decision nodes

Your Answer

Outcomes & Risk , Event nodes , Branches of Tree , Decision nodes

True/False

Question

To construct a pay off matrix the corresponding probabilities of decision alternatives are placed column head wise.

Correct Answer

True

Your Answer

False

Multiple Choice Multiple Answer

Question

Resource Management involves :-

Correct Answer

Man , Machines , Materials

Your Answer

Man , Machines , Materials

Multiple Choice Multiple Answer

Question

Following concepts are not considered in Linear Programming :-

Correct Answer

Maximum , Minimax , Saddle Point

Your Answer

Maximum , Minimax , Saddle Point

Multiple Choice Multiple Answer

Question

Point of intersection of pure strategies is called :-

Correct Answer

Value , Saddle point

Your Answer

Value , Saddle point

Multiple Choice Multiple Answer

Question

How do the quantitative techniques help a decision maker in three ways?

Correct Answer

Aid decision making , Automate decision making and reduce it to a routine affair , Guide decision making

Your Answer

Guide decision making , Aid decision making , Automate decision making and reduce it to a routine affair

True/False

Question

By application of dominance rule final solution is affected.

Correct Answer

False

Your Answer

False

True/False

Question

The decision nodes are depicted by circles.

Correct Answer

False

Your Answer

False

Multiple Choice Single Answer

Question

A systematic procedure to obtain an initial feasible solution based on avoidance of high penalty & cost cell is :-

Correct Answer

Vogel's Approximation Method (VAM)

Your Answer

Vogel's Approximation Method (VAM)

Multiple Choice Multiple Answer

Question

Steps involved to solve a 3 x 3 pure strategy game is :-

Correct Answer

Constrict payoff matrix , Check for preschee of saddle point

Your Answer

Constrict payoff matrix , Check for preschee of saddle point

Select The Blank

Question

Dummy source has ________ cost.

Correct Answer

Zero

Your Answer

Zero

Match The Following

Question

Correct Answer

Your Answer

Feasible Region

Defined by Constraints

Defined by Constraints

Constraint

Upper or Lower Limit

Upper or Lower Limit

Graph

Straight Line

Straight Line

Half Space

Same Side of Line

Same Side of Line

Select The Blank

Question

The ________ is concerned with situations of conflicts between two or more opposed sets of interests to devise optimum strategies prior to commencement of action.

Correct Answer

Games theory

Your Answer

Games theory

True/False

Question

Quantitative techniques are usually associated with high costs.

Correct Answer

True

Your Answer

True

True/False

Question

Column with the highest negative index number is called a Key Column.

Correct Answer

True

Your Answer

True

Multiple Choice Multiple Answer

Question

The Optimum Balance may be arrived at either by :-

Correct Answer

Introducing more facilities at extra cost , Displacing less efficient service facilities by more efficient ones , Changing the pattern of the arrival of customers for service

Your Answer

Introducing more facilities at extra cost , Displacing less efficient service facilities by more efficient ones , Changing the pattern of the arrival of customers for service

Select The Blank

Question

In a maximization problem when each element is subtracted from largest element, the resultant matrix indicates ________.

Correct Answer

Opportunity loss

Your Answer

Opportunity loss

Multiple Choice Single Answer

Question

Solution satisfying supply & demand conditions & yet may not be optimal is :-

Correct Answer

An Initial Feasible Solution

Your Answer

An Initial Feasible Solution

Multiple Choice Multiple Answer

Question

Terminologies of simplex method are :-

Correct Answer

Cj row , Zj row , (Zj-Cj) row

Your Answer

Cj row , Zj row , (Zj-Cj) row

Multiple Choice Multiple Answer

Question

Basic Elements of Queuing System are :-

Correct Answer

Input process , Waiting line , Service discipline

Your Answer

Input process , Waiting line , Service discipline

Select The Blank

Question

Comparable Past Event & Forecasting Future Events Study is called ________

Correct Answer

Probability Theory

Your Answer

Probability Theory

Multiple Choice Single Answer

Question

Maximization problem appears when :-

Correct Answer

Profit has to be maximized

Your Answer

Assignment matrix is having 'm' rows and 'n' columns

Multiple Choice Single Answer

Question

Optimal Solution is :-

Correct Answer

That point or points in the feasible region that gives the optimal values of the objective function

Your Answer

That point or points in the feasible region that gives the optimal values of the objective function

True/False

Question

Personal decisions can affect the organisation and organisational decisions can affect the person.

Correct Answer

True

Your Answer

True

True/False

Question

Value of game to player II is negative of minimax value.

Correct Answer

False

Your Answer

False

Select The Blank

Question

A column with higher elements is called ________columns.

Correct Answer

Dominated

Your Answer

Dominating

Multiple Choice Single Answer

Question

A row in the simplex table which contains the co-efficient of the variables in the objective function is :-

Correct Answer

Cj row

Your Answer

Cj row

Multiple Choice Multiple Answer

Question

Special cases on simplex method are :-

Correct Answer

Multiple Optimal Solution , Unbounded Solution , Infeasible Solution

Your Answer

Multiple Optimal Solution , Unbounded Solution , Infeasible Solution

Multiple Choice Single Answer

Question

Set of basic variables which are not restricted to equal zero in the current basic solution & listed in the solution column is :-

Correct Answer

Basis

Your Answer

Basis

Multiple Choice Single Answer

Question

The row with smallest replacement ratios of the constraint rows is known as :-

Correct Answer

Key row

Your Answer

Key row

True/False

Question

Under Single Queue, Multiple Servers (Parallel), there is one queue but more servers in the service facility are placed in a Series arrangements.

Correct Answer

False

Your Answer

False

Select The Blank

Question

When both the players play their optimal strategies the resulting payoff is called ________of game.

Correct Answer

Value

Your Answer

Optimal Strategies

Select The Blank

Question

The ________ represents consequences of the interactions of the decision alternatives and the chance events.

Correct Answer

Outcomes

Your Answer

Outcomes

Multiple Choice Multiple Answer

Question

Constraints in traveling salesman problem are :-

Correct Answer

Salesman should not visit the city twice. , No assignment can be made along diagonal.

Your Answer

Salesman should not visit the city twice. , No assignment can be made along diagonal.

Match The Following

Question

Correct Answer

Your Answer

An algorithm for solving LP problems which starts with zero solution

Simplex Method

Simplex Method

In Simplex method, the point of maximum must lie at

One of corner point

One of corner point

The variables with positive zero values are called

Non-basic Variables

Non-basic Variables

A formalized systematic procedure for solving problems is

Algorithm Concept

Algorithm Concept

Select The Blank

Question

LP can be defined as ________.

Correct Answer

dealing with problems of in which the objective function, as well as constraints, can be expressed as linear mathematical function

Your Answer

dealing with problems of in which the objective function, as well as constraints, can be expressed as linear mathematical function

Multiple Choice Single Answer

Question

In VAM, A stands for :-

Correct Answer

Approximation

Your Answer

Approximation

Select The Blank

Question

Pair of values (x,y) of decision variables that satisfy constraints is ________

Correct Answer

Feasible Solution

Your Answer

Feasible Solution

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