Operations Research, which is a very powerful tool for _____ a. Research b. Decision-Making c. Operations d. None of the above

Operations Research, which is a very powerful tool for _____
a. Research
b. Decision-Making
c. Operations
d. None of the above
by

1 Answer

Answer :

Decision-Making
by

Related questions

Operations Research is a very powerful tool for ........................ a. Operations b. Research c. Decision making d. None of these

Description : Operations Research is a very powerful tool for ........................ a. Operations b. Research c. Decision making d. None of these

Last Answer : c. Decision making

25. Operations Research models in which some or all values of variables are random in nature are called _____ a. Physical b. Symbolic c. Deterministic d. Probabilistic

Description : 25. Operations Research models in which some or all values of variables are random in nature are called _____ a. Physical b. Symbolic c. Deterministic d. Probabilistic

Last Answer : d. Probabilistic

Operations Research models in which values of all variables and all possible outcomes are known with certainty are called _____ a. Physical b. Symbolic c. Deterministic d. Probabilistic

Description : Operations Research models in which values of all variables and all possible outcomes are known with certainty are called _____ a. Physical b. Symbolic c. Deterministic d. Probabilistic

Last Answer : c. Deterministic

Operations Research techniques cannot be applied to _____ a. Managerial judgement b. Business initiatives c. Customer perceptions d. All of the above

Description : Operations Research techniques cannot be applied to _____ a. Managerial judgement b. Business initiatives c. Customer perceptions d. All of the above

Last Answer : c. Customer perceptions

13. Operations Research cannot give perfect _____ to problems a. Answers b. Solutions c. Both a & b d. Decisions

Description : 13. Operations Research cannot give perfect _____ to problems a. Answers b. Solutions c. Both a & b d. Decisions

Last Answer : c. Both a & b

9. Operations Research has the characteristics that it is done by a team of _____ a. Scientists b. Mathematicians c. Academics d. All of the above

Description : 9. Operations Research has the characteristics that it is done by a team of _____ a. Scientists b. Mathematicians c. Academics d. All of the above

Last Answer : a. Scientists

5. Operations Research was known as an ability to win a war without really going into a _____ a. Battle Field b. Fighting c. War d. Both a & b

Description : 5. Operations Research was known as an ability to win a war without really going into a _____ a. Battle Field b. Fighting c. War d. Both a & b

Last Answer : d. Both a & b

The Term Operations Research was coined in the year _____ a. 1950 b. 1940 c. 1978 d. 1960

Description : The Term Operations Research was coined in the year _____ a. 1950 b. 1940 c. 1978 d. 1960

Last Answer : B. 1940

26. Operations Research is a _________ a. Science b. Art c. Mathematics d. Both a & b

Description : 26. Operations Research is a _________ a. Science b. Art c. Mathematics d. Both a & b

Last Answer : d. Both a & b

. Operations Research involves _________ attacks of complex problems to arrive at the optimum solution a. Scientific b. Systematic c. Both a & b d. Statistical

Description : . Operations Research involves _________ attacks of complex problems to arrive at the optimum solution a. Scientific b. Systematic c. Both a & b d. Statistical

Last Answer : c. Both a & b

16. Operations Research simply helps in improving the ______ of the solution but does not result in a perfect solution a. Quality b. Clarity c. Lookd. None of the above

Description : 16. Operations Research simply helps in improving the ______ of the solution but does not result in a perfect solution a. Quality b. Clarity c. Look d. None of the above

Last Answer : a. Quality

. Operations Research techniques helps to find an ________ by taking into account all the factors a. Ultimate solution b. Alternate solution c. Optimum solution d. Maximise solution

Description : . Operations Research techniques helps to find an ________ by taking into account all the factors a. Ultimate solution b. Alternate solution c. Optimum solution d. Maximise solution

Last Answer : c. Optimum solution

12. Operations Research involves various _______ to solve the problems a. Decisions b. Study c. Technique d. Applications

Description : 12. Operations Research involves various _______ to solve the problems a. Decisions b. Study c. Technique d. Applications

Last Answer : c. Technique

Operations Research emphasizes on the overall approach to the system. This characteristic of Operations Research is often referred as a. System Orientation b. System Approach c. Interdisciplinary Team Approach d. None of the above

Description : Operations Research emphasizes on the overall approach to the system. This characteristic of Operations Research is often referred as a. System Orientation b. System Approach c. Interdisciplinary Team Approach d. None of the above

Last Answer : c. Interdisciplinary Team Approach

10. There is a great scope for ______ working as a team to solve problems of defence by using the Operations Research approach a. Economists b. Administrators c. Statisticians and Technicians d. All of the Above

Description : 10. There is a great scope for ______ working as a team to solve problems of defence by using the Operations Research approach a. Economists b. Administrators c. Statisticians and Technicians d. All of the Above

Last Answer : d. All of the Above

8. Who defined Operations Research as an aid for the executive in marketing his decisions by providing him with the quantitative information based on the scientific method of analysis? a. C. Kitte b. H.M. Wagner c. E.L. Arnoff d. None of the above

Description : 8. Who defined Operations Research as an aid for the executive in marketing his decisions by providing him with the quantitative information based on the scientific method of analysis? a. C. Kitte b. H.M. Wagner c. E.L. Arnoff d. None of the above

Last Answer : a. C. Kitte

7. Who defined Operations Research as scientific approach to problem solving for executive management? a. E.L. Arnoff b. P.M.S. Blackett c. H.M. Wagner d. None of the above

Description : 7. Who defined Operations Research as scientific approach to problem solving for executive management? a. E.L. Arnoff b. P.M.S. Blackett c. H.M. Wagner d. None of the above

Last Answer : c. H.M. Wagner

6. Who defined Operations Research as scientific method of providing executive departments with a quantitative basis for decisions regarding the operations under their control? a. Morse and Kimball (1946) b. P.M.S Blackett (1948) c. E.L. Arnoff and M.J. Netzorg d. None of the above

Description : 6. Who defined Operations Research as scientific method of providing executive departments with a quantitative basis for decisions regarding the operations under their control? a. Morse and Kimball (1946) b. P.M.S Blackett (1948) c. E.L. Arnoff and M.J. Netzorg d. None of the above

Last Answer : a. Morse and Kimball (1946)

4. This Innovative science of Operations Research was discovered during ________ a. Civil War b. World War I c. World War II d. Industrial Revolution

Description : 4. This Innovative science of Operations Research was discovered during ________ a. Civil War b. World War I c. World War II d. Industrial Revolution

Last Answer : c. World War II

2. Who coined the term Operations Research? a. J.F. McCloskey b. F.N. Trefethen c. P.F. Adams d. Both a & b

Description : 2. Who coined the term Operations Research? a. J.F. McCloskey b. F.N. Trefethen c. P.F. Adams d. Both a & b

Last Answer : a. J.F. McCloskey

_____ are technique applied in project management a. CPM b. Assignment c. Transportation d. Decision theory

Description : ______ are technique applied in project management a. CPM b. Assignment c. Transportation d. Decision theory

Last Answer : a. CPM

45. LP is a major innovations since _______ in the field of business decision-making, particularly under conditions of certainty a. Industrial Revolution b. World War I c. World War II d. French Revolution

Description : 45. LP is a major innovations since _______ in the field of business decision-making, particularly under conditions of certainty a. Industrial Revolution b. World War I c. World War II d. French Revolution

Last Answer : c. World War II

The choice of the strategy is made by both the _________ simultaneously a. Decision maker b. Manager c. Competitor d. Player

Description : The choice of the strategy is made by both the _________ simultaneously a. Decision maker b. Manager c. Competitor d. Player

Last Answer : Player

A ______ occurs when each player selects one of his strategies a. Profit b. Decision c. Play d. Game

Description : A ______ occurs when each player selects one of his strategies a. Profit b. Decision c. Play d. Game

Last Answer : c. Play

An assignment problem is a special case of transportation problem, where a. Number of rows equals number of columns b. All rim conditions are 1 c. Values of each decision variable is either 0 or 1

Description : An assignment problem is a special case of transportation problem, where a. Number of rows equals number of columns b. All rim conditions are 1 c. Values of each decision variable is either 0 or 1

Last Answer : D.variable is either 0 or 1

In simplex method, if there is tie between a decision variable and a slack (or surplus) variable, ______ should be selected a. Slack variable b. Surplus variable c. Decision variable d. None of the above

Description : In simplex method, if there is tie between a decision variable and a slack (or surplus) variable, ______ should be selected a. Slack variable b. Surplus variable c. Decision variable d. None of the above

Last Answer : c. Decision variable

An assumption that implies that finite numbers of choices are available to a decision-maker and the decision variables do not assume negative values is known as _______ a. Certainty b. Continuity c. Finite choices d. None of the above

Description : An assumption that implies that finite numbers of choices are available to a decision-maker and the decision variables do not assume negative values is known as _______ a. Certainty b. Continuity c. Finite choices d. None of the above

Last Answer : c. Finite choices

Which variables are fictitious and cannot have any physical meaning? a. Optimal variable b. Decision variable c. Artificial variable d. None of the above

Description : Which variables are fictitious and cannot have any physical meaning? a. Optimal variable b. Decision variable c. Artificial variable d. None of the above

Last Answer : c. Artificial variable

40. Which of the following is a limitation associated with an LP model a. The relationship among decision variables is linear b. No guarantee to get integer valued solutions c. No considerations of effect of time & uncertainty on LP model d. All of the above

Description : 40. Which of the following is a limitation associated with an LP model a. The relationship among decision variables is linear b. No guarantee to get integer valued solutions c. No considerations of effect of time & uncertainty on LP model d. All of the above

Last Answer : d. All of the above

35. Which of the following is not a characteristic of the L P model a. Alternative courses of actions b. An objective function of maximization type c. Limited amount of resources d. Non-negativity condition on the value of decision variable

Description : 35. Which of the following is not a characteristic of the L P model a. Alternative courses of actions b. An objective function of maximization type c. Limited amount of resources d. Non-negativity condition on the value of decision variable

Last Answer : b. An objective function of maximization type

33. Before formulating a formal L P model it is better to a. Express each constrain in words b. Express the objective function in words c. Verbally identify decision variables d. All of the above

Description : 33. Before formulating a formal L P model it is better to a. Express each constrain in words b. Express the objective function in words c. Verbally identify decision variables d. All of the above

Last Answer : d. All of the above

2. Non-Negativity condition is an important component of L P model because a. Variables value should remain under the control of the decision-maker b. Value of variables make sense & correspond to real-world problemsc. Variables are interrelated in terms of limited resources d. None of the above

Description : 2. Non-Negativity condition is an important component of L P model because a. Variables value should remain under the control of the decision-maker b. Value of variables make sense & correspond to real-world problems c. Variables are interrelated in terms of limited resources d. None of the above

Last Answer : b. Value of variables make sense & correspond to real-world problems

30. The distinguishing feature of an LP model is a. Relationship among all variables is linear b. It has single objective function & constraints c. Value of decision variables is non-negative d. All of the above

Description : 30. The distinguishing feature of an LP model is a. Relationship among all variables is linear b. It has single objective function & constraints c. Value of decision variables is non-negative d. All of the above

Last Answer : a. Relationship among all variables is linear

29. A constraint in an LP model restricts a. Value of objective function b. Value of a decision variable c. Use of the available resources d. All of the above

Description : 29. A constraint in an LP model restricts a. Value of objective function b. Value of a decision variable c. Use of the available resources d. All of the above

Last Answer : d. All of the above

27. The mathematical model of an LP problem is important because a. It helps in converting the verbal description & numerical data into mathematical expression b. Decision-makers prefer to work with formal models c. It captures the relevant relationship among decision factors d. It enables the use of algebraic technique

Description : 27. The mathematical model of an LP problem is important because a. It helps in converting the verbal description & numerical data into mathematical expression b. Decision-makers prefer to ... captures the relevant relationship among decision factors d. It enables the use of algebraic technique

Last Answer : a. It helps in converting the verbal description & numerical data into mathematical expression

Every combination of strategies determines an outcome known as _____ a. Regret b. Payoff c. Saddle point d. Profit matrix

Description : Every combination of strategies determines an outcome known as _____ a. Regret b. Payoff c. Saddle point d. Profit matrix

Last Answer : b. Payoff

In a game, the alternatives or courses of action available to each player are called _____ a. Options b. Choices c. Actions d. strategies

Description : In a game, the alternatives or courses of action available to each player are called _____ a. Options b. Choices c. Actions d. strategies

Last Answer : d. strategies

Floats for critical activities will be always _____ a. One b. Zero c. Highest d. Same as duration of the activity

Description : Floats for critical activities will be always _____ a. One b. Zero c. Highest d. Same as duration of the activity

Last Answer : b. Zero

Forward pass calculations are done to find _____ occurrence times of events a. Exact b. Earliest c. Latest d. Approximate

Description : Forward pass calculations are done to find _____ occurrence times of events a. Exact b. Earliest c. Latest d. Approximate

Last Answer : b. Earliest

The extra row or column which is added to balance an assignment problem is called _____ a. Regret b. Epsilon c. Dummy d. extra 98.

Description : The extra row or column which is added to balance an assignment problem is called _____ a. Regret b. Epsilon c. Dummy d. extra

Last Answer : c. Dummy

If the number of jobs is not equal to the number of resources, then the problem is term as _____ assignment problem a. Balanced b. Unbalanced c. Equal d. Unequal

Description : If the number of jobs is not equal to the number of resources, then the problem is term as _____ assignment problem a. Balanced b. Unbalanced c. Equal d. Unequal

Last Answer : b. Unbalanced

If the number of jobs is equal to the number of resources, then the problem is term as _____ assignment problem a. Balanced b. Unbalanced c. Equal d. Unequal

Description : If the number of jobs is equal to the number of resources, then the problem is term as _____ assignment problem a. Balanced b. Unbalanced c. Equal d. Unequal

Last Answer : a. Balanced

An optimum solution is considered the _____ among feasible solutions a. Worst b. Best c. Ineffective d. None of the above

Description : An optimum solution is considered the _____ among feasible solutions a. Worst b. Best c. Ineffective d. None of the above

Last Answer : b. Best

_____ refers to the combination of one or more inputs to produce a particular output a. Solution b. Variable c. Process d. None of the above

Description : _____ refers to the combination of one or more inputs to produce a particular output a. Solution b. Variable c. Process d. None of the above

Last Answer : c. Process

_____ is another method to solve a given LPP involving some artificial variable? a. Big M method b. Method of penalties c. Two-phase simplex method d. None of the above

Description : _____ is another method to solve a given LPP involving some artificial variable? a. Big M method b. Method of penalties c. Two-phase simplex method d. None of the above

Last Answer : a. Big M method

The word “Linear” means that the relationships are represented by _____ a. Diagonal lines b. Curved lines c. Straight lines d. Slanting lines

Description : The word “Linear” means that the relationships are represented by _____ a. Diagonal lines b. Curved lines c. Straight lines d. Slanting lines

Last Answer : c. Straight lines

42. _____ assumption means the prior knowledge of all the coefficients in the objective function , the coefficients of the constraints and the resource values a. Proportionality b. Certainty c. Finite choices d. Continuity

Description : 42. _____ assumption means the prior knowledge of all the coefficients in the objective function , the coefficients of the constraints and the resource values a. Proportionality b. Certainty c. Finite choices d. Continuity

Last Answer : b. Certainty

_____ technique is related to Inventory management a. EOQ b. SQC c. CPM d. transportation

Description : _____ technique is related to Inventory management a. EOQ b. SQC c. CPM d. transportation

Last Answer : a. EOQ

A ______ is the one in which the player selects more than one strategy with fixed probabilities before playing the game. a. Mixed strategy b. Pure strategy c. Complete strategy d. Impure strategy

Description : A ______ is the one in which the player selects more than one strategy with fixed probabilities before playing the game. a. Mixed strategy b. Pure strategy c. Complete strategy d. Impure strategy

Last Answer : d. Impure strategy

A _______ provides a complete definition of how a player will play a game a. Mixed strategy b. Pure strategy c. Complete strategy d. Impure strategy

Description : A _______ provides a complete definition of how a player will play a game a. Mixed strategy b. Pure strategy c. Complete strategy d. Impure strategy

Last Answer : c. Complete strategy