LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The Blank

Question Decision Making under Conflict is termed as ________

Correct Answer Competitive Strategies

Your Answer Competitive Strategies

Select The Blank

Question When both the players play their optimal strategies the

resulting payoff is called ________of game.

Correct Answer Value

Your Answer Maximin

Multiple Choice Multiple Answer

Question Nomenclatures not related to Transportation Problem are :-

Correct Answer S, P, L, D , S, P, W, M , T, P, W, D

Your Answer S, P, L, D , S, P, W, M , T, P, W, D

True/False

Question Analytical decisions involve problems with limited number of

decision variables.

Correct Answer False

Your Answer True

True/False

Question Service time can be either fixed & balanced layouts or it can

be variable.

Correct Answer True

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Your Answer True

Select The Blank

Question LP decide on product quantities to maximize profit is

________.

Correct Answer Product Mix Problems

Your Answer Transportation Problems

True/False

Question The graphical method is simple to understand & easy to use

Correct Answer True

Your Answer True

Multiple Choice Multiple Answer

Question Point of intersection of pure strategies is called :-

Correct Answer Value , Saddle point

Your Answer Payoff , Value , Optimal strategy

True/False

Question Sensitivity analysis can be illustrated easily by drawing the

graph of the changes

Correct Answer True

Your Answer True

Match The Following

Question Correct Answer Your Answer

Political Risks People Resistance Institution

Financial Risks ROI CAD / CAM

Technical Risks CAD / CAM People Resistance

Functional Risks HRD ROI

Select The Blank

Question In North West Corner Method, the ________ is handled

Correct Answer Procedure of allocating units to cells

Your Answer Satisfies supply & demand conditions

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Question Linear Programming deciding on product quantities to

maximize profit is called :-

Correct Answer Product Mix Problems

Your Answer Product Mix Problems

Select The Blank

Question A row with higher elements is called ________ row.

Correct Answer Dominating

Your Answer Major

Select The Blank

Question Number of customers in the queue plus those being serviced

is ________.

Correct Answer System Length

Your Answer Queue length

Multiple Choice Multiple Answer

Question In an assignment problem a machine is not capable of

performing a job & number machines are one less than

number of jobs, then the problem is :-

Correct Answer Unbalanced assignment problem. , Prohibited assignment

problem. , Minimization problem.

Your Answer Maximization problems. , Unbalanced assignment problem. ,

Prohibited assignment problem.

True/False

Question A game in which algebraic sum of gains of both the players

after the play is not zero is called two person non zero sum

game.

Correct Answer True

Your Answer True

Multiple Choice Single Answer

Question Graphical method of Linear Programming is useful when a

Linear Programming problem involves :-

Correct Answer Two Variables

Your Answer Two Variables

True/False

Question Surplus variable is a variable used to convert a Less than or

equal to constraint into equality by subtracting it from left

hand side of the constraint.

Correct Answer False

Your Answer True

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Multiple Choice Multiple Answer

Question Terms related to NWCM are :-

Correct Answer Initial feasible solution , Allocation of units , Upper left hand

corner

Your Answer Initial feasible solution , Allocation of units , Upper left hand

corner , Materials Distribution

True/False

Question When number of minimum lines drawn covering all zero

elements are less than number of columns/rows, more than

one optimal solution exist.

Correct Answer False

Your Answer True

Select The Blank

Question A game in which more than 2 strategies are available to both

players is called ________ game.

Correct Answer m x n

Your Answer m x 2

Multiple Choice Multiple Answer

Question Information to study an input process is :-

Correct Answer Arrival distribution , Inter-arrival distribution , Mean arrival rate

Your Answer Arrival distribution , Finance , Inter-arrival distribution

Multiple Choice Multiple Answer

Question Which of the following can be considered as a general rules

for data collection in the decision making process?

Correct Answer The information should be subjected to checks and cross

checks , The information must be collected from the most

reliable source , All relevant facts, regardless of how

disorganised and unrelated they seem at the time of data

gathering, should be recorded

Your Answer The information should be subjected to checks and cross

checks , Only organised and related facts should be collected

, The information must be collected from the most reliable

source

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

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Question Combination of strategies of players determines :-

Correct Answer Outcomes , Payoff

Your Answer Outcomes , Minimax , Saddle point

True/False

Question Decision alternatives must not be mutually exclusive.

Correct Answer False

Your Answer True

Multiple Choice Single Answer

Question Value of a game having saddle point equals :-

Correct Answer Saddle point

Your Answer Saddle point

Multiple Choice Multiple Answer

Question Pure strategies art also called :-

Correct Answer Minimax pure strategy , Maximin pure strategy , Optimal

strategies

Your Answer Minimax pure strategy , Maximin pure strategy , Mixed

strategy

Match The Following

Question Correct Answer Your Answer

Transportation Tableau Data on shipping costs Data on shipping costs

Transportation Problem Transportation of goods Supply points equals total

Balanced Transportation Supply points equals Mechanism of Operation

Un-balanced Supply points does not Transportation of goods

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 Linear Programming develop a work schedule to meet staff

needs at all hours with minimum number of employees is

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Correct Answer Staffing Problems

Your Answer Staffing Problems

True/False

Question A 2x2 mixed strategy game is solved by 1 mere

programming.

Correct Answer False

Your Answer True

Multiple Choice Multiple Answer

Question Various Quantitative Techniques are :-

Correct Answer Linear Programming , Replacement Theory , Queuing Theory

Your Answer Linear Programming , Replacement Theory , Queuing Theory

True/False

Question Static decisions are essentially not a one time decisions.

Correct Answer False

Your Answer True

Select The Blank

Question ________ is called Stepping Stone Method.

Correct Answer Unoccupied cells to achieve solution

Your Answer Avoidance of high penalty & high-cost

Select The Blank

Question Decision Making under Un-certainty is called as ________.

Correct Answer Uncertain Situations

Your Answer Stochastic Model

Multiple Choice Single Answer

Question Which of the decision theory model indicates the situations

where consequences of each act of decision maker are

influenced by acts of opponent?

Correct Answer Competitive strategies

Your Answer Deterministic models

Multiple Choice Single Answer

Question Time spent by Service Facility to render the service to a

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Correct Answer Service time

Your Answer Service time

Multiple Choice Single Answer

Question In pure strategy game, strategies of players are represented

by row and maximin is 4. There value and game is :-

Correct Answer 4

Your Answer –4

Multiple Choice Multiple Answer

Question Words related to NWCM are :-

Correct Answer North , Corner , West

Your Answer North , Corner , West , Mechanism

Multiple Choice Single Answer

Question Sequence of steps performed in moving from one basic

feasible solution to another basic feasible solution is :-

Correct Answer Iteration

Your Answer Iteration

Multiple Choice Single Answer

Question In a pure strategy game, probability of selection of his optimal

strategy by a player is :-

Correct Answer 1

Your Answer Zero

Multiple Choice Single Answer

Question Linear Programming is one of the most popular techniques of

:-

Correct Answer Operation Research

Your Answer Operation Research

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

Multiple Choice Single Answer

Question What do you mean by the decisions taken by the lower levels

of management as an outcome of policy decision?

Correct Answer Operating decision

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Your Answer Personal decision

Multiple Choice Single Answer

Question Study of Comparable Past Events & Forecasting Future

Events is :-

Correct Answer Probability Theory

Your Answer Probability Theory

Select The Blank

Question A game in which there are two competing parties is called

________ game.

Correct Answer 2 person

Your Answer 2 x 3

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