LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer
Question Queues are formed at :-
Correct Answer Telephone booths , Bus stand , Traffic lights
Your Answer Telephone booths , Bus stand , Traffic lights
Multiple Choice Multiple Answer
Question Specification of the constraints are :-
Correct Answer Vendors , Available Hours , Space
Your Answer Vendors , Space , Materials
Multiple Choice Single Answer
Question Which of the following is an example of a policy decision?
Correct Answer Increment and promotion policy
Your Answer Increment and promotion policy
Multiple Choice Multiple Answer
Question Basic assumption in a play are :-
Correct Answer Choice of strategy by players is simultaneous , No player
knows choice of his opponent
Your Answer Strategies are always pure , Choice of strategy by players is
simultaneous , Strategies are always mixed
True/False
Question A 2x2 mixed strategy game is solved by algebraic method.
Correct Answer True
Your Answer True
Question When number of tasks and number of facilities are not equal:-
Correct Answer Some tasks may remain unassigned. , Some facilities may
remain idle.
Your Answer Some tasks may remain unassigned. , Some facilities may
remain idle.
Multiple Choice Single Answer
Question A row in the simplex table whose elements represent the
decrease in the value of the objective function if one unit of
jth variables is brought into the solution is :-
Correct Answer Zj row
Your Answer (Zj-Cj) row (or index row)
Select The Blank
Question ________ is an extra row or column in a tableau.
Correct Answer Dummy source or Destination
Your Answer Dummy source or Destination
Multiple Choice Multiple Answer
Question Which of the following are examples of tactical decisions?
Correct Answer Loading and scheduling of jobs , Acceptance or rejection of
excess quantity against delivery schedule , Splitting of raw
material requirement among suppliers
Your Answer Loading and scheduling of jobs , Acceptance or rejection of
excess quantity against delivery schedule , Launching of a
new product
True/False
Question Adaptive decisions involve problems with limited number of
decision variables.
Correct Answer False
Your Answer True
Select The Blank
Question Positive non-zero values variables are called ________.
Correct Answer Basic Variables
Your Answer Basic Variables
Multiple Choice Multiple Answer
Question Terminology NOT related with Linear Programming are :-
Correct Answer Players , Payoff , Payoff Matrics
Your Answer Objective Function
True/False
Question Traffic intensity is product of average arrival rate & average
service rate.
Correct Answer False
Your Answer True
Select The Blank
Question Constraint not affecting the feasible solution is ________.
Correct Answer Redundant Constraint
Your Answer Redundant Constraint
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
True/False
Question Value of the subgame related to highest point in the feasible
region is solution for 2xn game.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question The slack variables must take :-
Correct Answer Positive Values
Your Answer Both Values
Multiple Choice Multiple Answer
Question Study of Process Capability is not related to :-
Correct Answer Reliability Engineering , Statistical Process Control ,
Correlation & Regression Analysis
Your Answer Reliability Engineering , Statistical Process Control ,
Correlation & Regression Analysis
Match The Following
Question Correct Answer Your Answer
Key Column is The column with the
largest negative index
number
Row at the intersection of
key row & key column
Key row is The row with the smallest
of the replacement ratios
The row with the smallest
of the replacement ratios
Key element is The element at the
intersection of key row &
The element at the
intersection of other than
Multiple Choice Multiple Answer
Question Which of the following are examples of basic decisions?
Correct Answer Product mix , Plant location , Organisation structure
Your Answer Decision on loan application by an employee , Plant location ,
Organisation structure
Select The Blank
Question SOPs provide necessary base to select optimal solution is
known as ________.
Correct Answer Mechanistic Decisions
Your Answer Analytical Decisions
Match The Following
Question Correct Answer Your Answer
Feasible Region Defined by Constraints Optimal Clause of
Corner Points Points of Intersection Satisfy Constraints
Feasible Solution Satisfy Constraints Defined by Constraints
Optimal solution Optimal Clause of Upper Limit
True/False
Question LP problem cannot be solved by graphical or by simplex
method.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question In a pure strategy game, the value of game to player II is
maximin, then for player and the value is :-
Correct Answer Negative minimax
Your Answer Negative maximin
Select The Blank
Question The action of "Only few Customers may join Queue & some
may demand service on their behalf" is called ________
Correct Answer Collusion
Your Answer Collusion
Multiple Choice Single Answer
Question Assignment technique is useful in a situation where :-
Correct Answer Certain number of tasks are required to be attached to equal
number of facilities
Your Answer Certain number of tasks are required to be assigned to one
facility
Select The Blank
Question In waiting line, important characteristic commonly set to study
is ________.
Correct Answer Queue length
Your Answer Mean arrival rate
Select The Blank
Question Identify decision variables is ________ step of Graphical
Method.
Correct Answer First
Your Answer First
True/False
Question If a Linear Programming problem has no solution that
satisfies all constraints, it is said to be feasible.
Correct Answer True
Your Answer False
True/False
Question There is one queue & one server in the service facility is
Single Queue: Single Server.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Saddle point occurs when :-
Correct Answer Maximin = Minimax
Your Answer Maximin > Minimax
Multiple Choice Single Answer
Question Decision Variables are :-
Correct Answer The unknowns to be determined from the solution to the
model
Your Answer The unknowns to be determined from the solution to the
model
Multiple Choice Single Answer
Question Graphical method can deal with :-
Correct Answer Any number of constraints
Your Answer Two constraints
Multiple Choice Multiple Answer
Question Nomenclatures related to Transportation Problem are :-
Correct Answer S , P , W
Your Answer S , P , W
Multiple Choice Multiple Answer
Question In solution of an assignment problem a row with zero costs is
added and all the elements are multiplied by - 1, then the
problem is of nature :-
Correct Answer Unbalance assignment. , Maximization.
Your Answer Prohibited assignments , Unbalance assignment. ,
Maximization.
Select The Blank
Question A________ is a graphic device to depict the sequence of
decision to be made and the possible events that may occur.
Correct Answer Decision tree
Your Answer Decision tree
Select The Blank
Question Terminology for Service Distribution is ________
Correct Answer FCFS or LCFS
Your Answer FIFO or LIFO
Multiple Choice Single Answer
Question Graphical method deals with problem of :-
Correct Answer Both Maximization & Minimization
Your Answer Both Maximization & Minimization
Question Linear Programming find the quantity of components to be
used at :-
Correct Answer Minimum Cost
Your Answer Minimum Cost
True/False
Question Compute row & column values for stone squares is step for
MODI method.
Correct Answer True
Your Answer True
True/False
Question Risk represent the probability estimate of nonoccurrence of
each outcome.
Correct Answer False
Your Answer False
True/False
Question By application of dominance rule final solution is affected.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question Different Terms related to Simplex Method are :-
Correct Answer Algorithm , Iteration , Slack variable
Your Answer Algorithm , Minimax , Iteration
Select The Blank
Question Mathematical Model Construction from the given data is
known as ________.
Correct Answer Problem Formulation
Your Answer Problem Formulation
Multiple Choice Multiple Answer
Question Which of the following techniques and models are used to
deal with decision making under certainty?
Correct Answer Linear programming , Sequencing model , Breakeven
analysis
Your Answer Linear programming , Sequencing model , Breakeven
analysis
Multiple Choice Single Answer
Question What do you mean by the decisions taken by the top
management as a policy?
Correct Answer Policy decisions
Your Answer Policy decisions
Select The Blank
Question The ________ represents consequences of the interactions
of the decision alternatives and the chance events.
Correct Answer Outcomes
Your Answer Outcomes
Showing posts with label Quantitative Techniques (Set-IV). Show all posts
Showing posts with label Quantitative Techniques (Set-IV). Show all posts
Wednesday, September 24, 2008
Quantitative Techniques - 13
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer
Question Queues are formed at :-
Correct Answer Telephone booths , Bus stand , Traffic lights
Your Answer Bus stand , Traffic lights , Telephone booths
Multiple Choice Multiple Answer
Question Specification of the constraints are :-
Correct Answer Vendors , Available Hours , Space
Your Answer Vendors , Space , Materials
Multiple Choice Single Answer
Question In a pure strategy game, the value of game to player II is
maximin, then for player and the value is :-
Correct Answer Negative minimax
Your Answer Negative maximin
Select The Blank
Question The action of "Only few Customers may join Queue & some
may demand service on their behalf" is called ________
Correct Answer Collusion
Your Answer Collusion
Multiple Choice Single Answer
Question Assignment technique is useful in a situation where :-
Correct Answer Certain number of tasks are required to be attached to equal
number of facilities
Your Answer Certain number of tasks are required to be assigned to one
facility
Select The Blank
Question In waiting line, important characteristic commonly set to study
is ________.
Correct Answer Queue length
Your Answer Mean arrival rate
Select The Blank
Question Identify decision variables is ________ step of Graphical
Method.
Correct Answer First
Your Answer First
True/False
Question If a Linear Programming problem has no solution that
satisfies all constraints, it is said to be feasible.
Correct Answer True
Your Answer False
True/False
Question There is one queue & one server in the service facility is
Single Queue: Single Server.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Saddle point occurs when :-
Correct Answer Maximin = Minimax
Your Answer Maximin > Minimax
Multiple Choice Single Answer
Question Decision Variables are :-
Correct Answer The unknowns to be determined from the solution to the
model
Your Answer The unknowns to be determined from the solution to the
model
Multiple Choice Single Answer
Question Graphical method can deal with :-
Correct Answer Any number of constraints
Your Answer Two constraints
Multiple Choice Multiple Answer
Question Nomenclatures related to Transportation Problem are :-
Correct Answer S , P , W
Your Answer S , P , W
Multiple Choice Multiple Answer
Question In solution of an assignment problem a row with zero costs is
added and all the elements are multiplied by - 1, then the
problem is of nature :-
Correct Answer Unbalance assignment. , Maximization.
Your Answer Prohibited assignments , Unbalance assignment. ,
Maximization.
Select The Blank
Question A________ is a graphic device to depict the sequence of
decision to be made and the possible events that may occur.
Correct Answer Decision tree
Your Answer Decision tree
Select The Blank
Question Terminology for Service Distribution is ________
Correct Answer FCFS or LCFS
Your Answer FIFO or LIFO
Multiple Choice Single Answer
Question Graphical method deals with problem of :-
Correct Answer Both Maximization & Minimization
Your Answer Both Maximization & Minimization
Multiple Choice Single Answer
Question Linear Programming find the quantity of components to be
used at :-
Correct Answer Minimum Cost
Your Answer Minimum Cost
True/False
Question Compute row & column values for stone squares is step for
MODI method.
Correct Answer True
Your Answer True
True/False
Question Risk represent the probability estimate of nonoccurrence of
each outcome.
Correct Answer False
Your Answer False
True/False
Question By application of dominance rule final solution is affected.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question Different Terms related to Simplex Method are :-
Correct Answer Algorithm , Iteration , Slack variable
Your Answer Algorithm , Minimax , Iteration
Select The Blank
Question Mathematical Model Construction from the given data is
known as ________.
Correct Answer Problem Formulation
Your Answer Problem Formulation
Multiple Choice Multiple Answer
Question Which of the following techniques and models are used to
deal with decision making under certainty?
Correct Answer Linear programming , Sequencing model , Breakeven
Your Answer Linear programming , Sequencing model , Breakeven
analysis
Multiple Choice Single Answer
Question What do you mean by the decisions taken by the top
management as a policy?
Correct Answer Policy decisions
Your Answer Policy decisions
Multiple Choice Multiple Answer
Question Queues are formed at :-
Correct Answer Telephone booths , Bus stand , Traffic lights
Your Answer Bus stand , Traffic lights , Telephone booths
Multiple Choice Multiple Answer
Question Specification of the constraints are :-
Correct Answer Vendors , Available Hours , Space
Your Answer Vendors , Space , Materials
Multiple Choice Single Answer
Question In a pure strategy game, the value of game to player II is
maximin, then for player and the value is :-
Correct Answer Negative minimax
Your Answer Negative maximin
Select The Blank
Question The action of "Only few Customers may join Queue & some
may demand service on their behalf" is called ________
Correct Answer Collusion
Your Answer Collusion
Multiple Choice Single Answer
Question Assignment technique is useful in a situation where :-
Correct Answer Certain number of tasks are required to be attached to equal
number of facilities
Your Answer Certain number of tasks are required to be assigned to one
facility
Select The Blank
Question In waiting line, important characteristic commonly set to study
is ________.
Correct Answer Queue length
Your Answer Mean arrival rate
Select The Blank
Question Identify decision variables is ________ step of Graphical
Method.
Correct Answer First
Your Answer First
True/False
Question If a Linear Programming problem has no solution that
satisfies all constraints, it is said to be feasible.
Correct Answer True
Your Answer False
True/False
Question There is one queue & one server in the service facility is
Single Queue: Single Server.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Saddle point occurs when :-
Correct Answer Maximin = Minimax
Your Answer Maximin > Minimax
Multiple Choice Single Answer
Question Decision Variables are :-
Correct Answer The unknowns to be determined from the solution to the
model
Your Answer The unknowns to be determined from the solution to the
model
Multiple Choice Single Answer
Question Graphical method can deal with :-
Correct Answer Any number of constraints
Your Answer Two constraints
Multiple Choice Multiple Answer
Question Nomenclatures related to Transportation Problem are :-
Correct Answer S , P , W
Your Answer S , P , W
Multiple Choice Multiple Answer
Question In solution of an assignment problem a row with zero costs is
added and all the elements are multiplied by - 1, then the
problem is of nature :-
Correct Answer Unbalance assignment. , Maximization.
Your Answer Prohibited assignments , Unbalance assignment. ,
Maximization.
Select The Blank
Question A________ is a graphic device to depict the sequence of
decision to be made and the possible events that may occur.
Correct Answer Decision tree
Your Answer Decision tree
Select The Blank
Question Terminology for Service Distribution is ________
Correct Answer FCFS or LCFS
Your Answer FIFO or LIFO
Multiple Choice Single Answer
Question Graphical method deals with problem of :-
Correct Answer Both Maximization & Minimization
Your Answer Both Maximization & Minimization
Multiple Choice Single Answer
Question Linear Programming find the quantity of components to be
used at :-
Correct Answer Minimum Cost
Your Answer Minimum Cost
True/False
Question Compute row & column values for stone squares is step for
MODI method.
Correct Answer True
Your Answer True
True/False
Question Risk represent the probability estimate of nonoccurrence of
each outcome.
Correct Answer False
Your Answer False
True/False
Question By application of dominance rule final solution is affected.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question Different Terms related to Simplex Method are :-
Correct Answer Algorithm , Iteration , Slack variable
Your Answer Algorithm , Minimax , Iteration
Select The Blank
Question Mathematical Model Construction from the given data is
known as ________.
Correct Answer Problem Formulation
Your Answer Problem Formulation
Multiple Choice Multiple Answer
Question Which of the following techniques and models are used to
deal with decision making under certainty?
Correct Answer Linear programming , Sequencing model , Breakeven
Your Answer Linear programming , Sequencing model , Breakeven
analysis
Multiple Choice Single Answer
Question What do you mean by the decisions taken by the top
management as a policy?
Correct Answer Policy decisions
Your Answer Policy decisions
Quantitative Techniques - 12
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Match The Following
Question Correct Answer Your Answer
Least Cost Method Procedure of allocating Procedure of allocating
Dummy source or Extra row or column in a Extra row or column in a
An Initial Feasible Satisfies supply & Satisfies supply &
North West Corner Procedure of allocating Procedure of allocating
Question Value of the pure strategy game is :-
Correct Answer Maximin for player I , Negative minimax for player II
Your Answer Maximin for player I , Minimax for player I , Minimax for player II
True/False
Question Constraint that does not affect the feasible solution is
Redundant.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Materials Management involves :-
Correct Answer Stores , Warehouses , Transportation
Your Answer Stores , Warehouses , Transportation
True/False
Question Graphical method is restricted to two variables.
Correct Answer True
Your Answer False
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 To assign a task, a zero in a row/column with ________ zero
is marked with square.
Correct Answer Exactly one
Your Answer Exactly one
Multiple Choice Single Answer
Question The column with the largest negative index number is :-
Correct Answer Key Column
Your Answer Key Column
Multiple Choice Single Answer
Question Decision of a player to play row corresponding to maximin
Correct Answer Maximin Pure strategy
Your Answer Pure strategy
Multiple Choice Single Answer
Question In NWCM, N stands for :-
Correct Answer North
Your Answer North
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
True/False
Question Decision alternatives must not be mutually exclusive.
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question Various Terms involved in Simplex Method are :-
Correct Answer Key Element , Key Row , Key Column
Your Answer Key Element , Key Row , Key Column
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 False
True/False
Question Resulting payoff of optional strategies is called outcome.
Correct Answer False
Your Answer False
Select The Blank
Question Cash flows & determining Optimal investment proposal is
Correct Answer Investment Theory
Your Answer Allocation Model
Select The Blank
Question LP is most popular techniques of ________.
Correct Answer Operation Research
Your Answer Operation Research
True/False
Question Though graphical method can deal with any number of a
constraints but since each constraint is shown as a line on a
graph, a large number of lines make the graph difficult to
read.
Correct Answer True
Your Answer False
Match The Following
Question Correct Answer Your Answer
Graphical Method Step 4 LPP Formulation Calculate Profit/Cost
Graphical Method Step 1 Identify Decision Equation of Objective
Graphical Method Step 2 Equation of Objective LPP Formulation
Graphical Method Step 3 Equation of Constraints Graph Objective Function
Multiple Choice Single Answer
Question If a mixed strategy game is and 2 x n size then the first step
to solve the game is to:-
Correct Answer Reduce game by dominance rule
Your Answer Look for saddle point
Multiple Choice Multiple Answer
Question Saddle points equals to :-
Correct Answer Assigning task to facility , Maximin
Your Answer Assigning task to facility , Zero , Maximin
Select The Blank
Question Comparable Past Event & Forecasting Future Events Study
is called ________
Correct Answer Probability Theory
Your Answer Probability Theory
Select The Blank
Question Initial Feasible solution must have ________ allocations.
Correct Answer (m+n-1)
Your Answer (n-m-1)
Multiple Choice Multiple Answer
Question Nomenclatures not related to Transportation Problem are :-
Correct Answer T, P, W, D , S, P, L, D , S, P, W, M
Your Answer S, P, L, D , S, P, W, M , T, P, W, D
True/False
Question Traffic intensity is product of average arrival rate & average
service rate.
Correct Answer False
Your Answer False
Select The Blank
Question Dummy source has ________ cost.
Correct Answer Zero
Your Answer Zero
Multiple Choice Single Answer
Question Infeasible Solution :-
Correct Answer No solution satisfies all constraints
Your Answer No solution satisfies all constraints
Multiple Choice Multiple Answer
Question LP can be used to solve the problems of :-
Correct Answer Production , Materials , Marketing
Your Answer Production , Materials , Marketing
Multiple Choice Single Answer
Question What is MODI Method?
Correct Answer A systematic procedure for evaluating unoccupied (water)
cells to achieve an optimal solution
Your Answer A systematic procedure for evaluating unoccupied (water)
Select The Blank
Question Minimax value sets ________ limit on game.
Correct Answer Upper
Your Answer Optimal
True/False
Question Analytical decisions involve problems with limited number of
decision variables.
Correct Answer False
Your Answer False
Select The Blank
Question Positive non-zero values variables are called ________.
Correct Answer Basic Variables
Your Answer Basic Variables
True/False
Question Extra variable added to obtain an initial feasible solution to a
LP problem is Artificial Variable.
Correct Answer True
Your Answer True
True/False
Question Adaptive decisions involve problems with limited number of
decision variables.
Correct Answer False
Your Answer False
Select The Blank
Question Team approach needs for optimal solution of ________
Decisions.
Correct Answer Adaptive
Your Answer Adaptive
Select The Blank
Question ISO-9001 QMS is for ________.
Correct Answer Quality System
Your Answer Quality System
Multiple Choice Multiple Answer
Question In pure strategy game value is equal to :-
Correct Answer Saddle point , Maximin , Minimax
Your Answer Weighted average of possible outcome , Saddle point ,
Maximin
Multiple Choice Multiple Answer
Question Game can have :-
Correct Answer Mixed strategies , Pure strategies
Your Answer Mixed strategies , Pure strategies , Single strategy
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 Graphical method can deal with how many constraints?
Correct Answer Any number
Your Answer Any number
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
Multiple Choice Multiple Answer
Question Objects too can form queues as :-
Correct Answer Semi-finished job await next operation , Broken down to be
repaired , Blunt tools awaiting to be reground
Your Answer Semi-finished job await next operation , Broken down to be
repaired , Blunt tools awaiting to be reground
Multiple Choice Single Answer
Question A systematic procedure for evaluating unoccupied cells for
optimal solution is :-
Correct Answer Stepping Stone Method
Your Answer Stepping Stone Method
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 , Optimal
strategies
Select The Blank
Question Unbounded Solution is one which is ________.
Correct Answer Permitted to be infinitely large
Your Answer Which does not define the boundaries of the feasible solution
Multiple Choice Single Answer
Question Redundant Constraint is :-
Correct Answer Which does not define the boundaries of the feasible solution
Your Answer Point that gives same optimal value
Multiple Choice Single Answer
Question A Graph is :-
Correct Answer Two-variable-linear-equation is always a Straight Line
Your Answer Two-variable-linear-equation is always a Straight Line
Match The Following
Question Correct Answer Your Answer
Least Cost Method Procedure of allocating Procedure of allocating
Dummy source or Extra row or column in a Extra row or column in a
An Initial Feasible Satisfies supply & Satisfies supply &
North West Corner Procedure of allocating Procedure of allocating
Question Value of the pure strategy game is :-
Correct Answer Maximin for player I , Negative minimax for player II
Your Answer Maximin for player I , Minimax for player I , Minimax for player II
True/False
Question Constraint that does not affect the feasible solution is
Redundant.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Materials Management involves :-
Correct Answer Stores , Warehouses , Transportation
Your Answer Stores , Warehouses , Transportation
True/False
Question Graphical method is restricted to two variables.
Correct Answer True
Your Answer False
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 To assign a task, a zero in a row/column with ________ zero
is marked with square.
Correct Answer Exactly one
Your Answer Exactly one
Multiple Choice Single Answer
Question The column with the largest negative index number is :-
Correct Answer Key Column
Your Answer Key Column
Multiple Choice Single Answer
Question Decision of a player to play row corresponding to maximin
Correct Answer Maximin Pure strategy
Your Answer Pure strategy
Multiple Choice Single Answer
Question In NWCM, N stands for :-
Correct Answer North
Your Answer North
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
True/False
Question Decision alternatives must not be mutually exclusive.
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question Various Terms involved in Simplex Method are :-
Correct Answer Key Element , Key Row , Key Column
Your Answer Key Element , Key Row , Key Column
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 False
True/False
Question Resulting payoff of optional strategies is called outcome.
Correct Answer False
Your Answer False
Select The Blank
Question Cash flows & determining Optimal investment proposal is
Correct Answer Investment Theory
Your Answer Allocation Model
Select The Blank
Question LP is most popular techniques of ________.
Correct Answer Operation Research
Your Answer Operation Research
True/False
Question Though graphical method can deal with any number of a
constraints but since each constraint is shown as a line on a
graph, a large number of lines make the graph difficult to
read.
Correct Answer True
Your Answer False
Match The Following
Question Correct Answer Your Answer
Graphical Method Step 4 LPP Formulation Calculate Profit/Cost
Graphical Method Step 1 Identify Decision Equation of Objective
Graphical Method Step 2 Equation of Objective LPP Formulation
Graphical Method Step 3 Equation of Constraints Graph Objective Function
Multiple Choice Single Answer
Question If a mixed strategy game is and 2 x n size then the first step
to solve the game is to:-
Correct Answer Reduce game by dominance rule
Your Answer Look for saddle point
Multiple Choice Multiple Answer
Question Saddle points equals to :-
Correct Answer Assigning task to facility , Maximin
Your Answer Assigning task to facility , Zero , Maximin
Select The Blank
Question Comparable Past Event & Forecasting Future Events Study
is called ________
Correct Answer Probability Theory
Your Answer Probability Theory
Select The Blank
Question Initial Feasible solution must have ________ allocations.
Correct Answer (m+n-1)
Your Answer (n-m-1)
Multiple Choice Multiple Answer
Question Nomenclatures not related to Transportation Problem are :-
Correct Answer T, P, W, D , S, P, L, D , S, P, W, M
Your Answer S, P, L, D , S, P, W, M , T, P, W, D
True/False
Question Traffic intensity is product of average arrival rate & average
service rate.
Correct Answer False
Your Answer False
Select The Blank
Question Dummy source has ________ cost.
Correct Answer Zero
Your Answer Zero
Multiple Choice Single Answer
Question Infeasible Solution :-
Correct Answer No solution satisfies all constraints
Your Answer No solution satisfies all constraints
Multiple Choice Multiple Answer
Question LP can be used to solve the problems of :-
Correct Answer Production , Materials , Marketing
Your Answer Production , Materials , Marketing
Multiple Choice Single Answer
Question What is MODI Method?
Correct Answer A systematic procedure for evaluating unoccupied (water)
cells to achieve an optimal solution
Your Answer A systematic procedure for evaluating unoccupied (water)
Select The Blank
Question Minimax value sets ________ limit on game.
Correct Answer Upper
Your Answer Optimal
True/False
Question Analytical decisions involve problems with limited number of
decision variables.
Correct Answer False
Your Answer False
Select The Blank
Question Positive non-zero values variables are called ________.
Correct Answer Basic Variables
Your Answer Basic Variables
True/False
Question Extra variable added to obtain an initial feasible solution to a
LP problem is Artificial Variable.
Correct Answer True
Your Answer True
True/False
Question Adaptive decisions involve problems with limited number of
decision variables.
Correct Answer False
Your Answer False
Select The Blank
Question Team approach needs for optimal solution of ________
Decisions.
Correct Answer Adaptive
Your Answer Adaptive
Select The Blank
Question ISO-9001 QMS is for ________.
Correct Answer Quality System
Your Answer Quality System
Multiple Choice Multiple Answer
Question In pure strategy game value is equal to :-
Correct Answer Saddle point , Maximin , Minimax
Your Answer Weighted average of possible outcome , Saddle point ,
Maximin
Multiple Choice Multiple Answer
Question Game can have :-
Correct Answer Mixed strategies , Pure strategies
Your Answer Mixed strategies , Pure strategies , Single strategy
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 Graphical method can deal with how many constraints?
Correct Answer Any number
Your Answer Any number
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
Multiple Choice Multiple Answer
Question Objects too can form queues as :-
Correct Answer Semi-finished job await next operation , Broken down to be
repaired , Blunt tools awaiting to be reground
Your Answer Semi-finished job await next operation , Broken down to be
repaired , Blunt tools awaiting to be reground
Multiple Choice Single Answer
Question A systematic procedure for evaluating unoccupied cells for
optimal solution is :-
Correct Answer Stepping Stone Method
Your Answer Stepping Stone Method
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 , Optimal
strategies
Select The Blank
Question Unbounded Solution is one which is ________.
Correct Answer Permitted to be infinitely large
Your Answer Which does not define the boundaries of the feasible solution
Multiple Choice Single Answer
Question Redundant Constraint is :-
Correct Answer Which does not define the boundaries of the feasible solution
Your Answer Point that gives same optimal value
Multiple Choice Single Answer
Question A Graph is :-
Correct Answer Two-variable-linear-equation is always a Straight Line
Your Answer Two-variable-linear-equation is always a Straight Line
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