Description : The Term Operations Research was coined in the year _____ a. 1950 b. 1940 c. 1978 d. 1960
Last Answer : B. 1940
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)
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
Description : 26. Operations Research is a _________ a. Science b. Art c. Mathematics d. Both a & b
Last Answer : d. Both a & b
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
Description : 13. Operations Research cannot give perfect _____ to problems a. Answers b. Solutions c. Both a & b d. Decisions
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
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
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
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
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
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
Description : 12. Operations Research involves various _______ to solve the problems a. Decisions b. Study c. Technique d. Applications
Last Answer : c. Technique
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
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
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
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
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
Description : Operations Research, which is a very powerful tool for _____ a. Research b. Decision-Making c. Operations d. None of the above
Last Answer : Decision-Making
Description : Who developed the Game Theory a. J.R. Hicks b. William J. Baumol c. Neumann Morgenstern d. Samuelson P.T.
Last Answer : c. Neumann Morgenstern
Description : 34. Maximization of objective function in an L P model means a. Value occurs at allowable set of decisions b. Highest value is chosen among allowable decisions c. Neither of above d. Both a & b
Last Answer : a. Value occurs at allowable set of decision
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
Description : If there were n workers & n jobs there would be a. N! solutions b. (n-1)! Solutions c. (n!)n solutions d. N Solutions
Last Answer : a. N! solutions
Description : The term “Operations Research” was coined in the year ................... a. 1930 b. 1940 c. 1950 d. 1960
Last Answer : b. 1940
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
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
Description : All the constraints are expressed as equations and the right hand side of each constraint and all variables are non-negative is called_______ a. Canonical variable b. Canonical form c. Canonical solution d. Both a & b
Last Answer : b. Canonical form
Description : 57. The solution space(region) of an LP problem is unbounded due to a. An incorrect formulation of the LP model b. Objective function is unbounded c. Neither a nor b d. Both a & b
Last Answer : b. Objective function is unbounded c. Neither a nor b
Description : 56. Constraints in LP problem are called active if they a. Represent optimal solutions b. At optimality do not consume all the available resources c. Both a & b d. None of the above
Last Answer : a. Represent optimal solutions
Description : 46. Linear programming has been successfully applied in __________ a. Agricultural b. Industrial applications c. Both a & b d. manufacturing
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
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
Description : An optimal solution of an assignment problem can be obtained only if a. Each row & column has only one zero element b. Each row & columns has at least one zero element c. The data is arrangement in a square matrix d. None of the above
Last Answer : d. None of the above
Description : An optimal assignment requires that the maximum number of lines that can be drawn through squares with zero opportunity cost be equal to the number of a. Rows or columns b. Rows & columns c. Rows + columns -1 d. None of the above
Last Answer : b. Rows & columns
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
Description : 31. Constraints in an LP model represents a. Limitations b. Requirements c. Balancing limitations & requirements 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
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
Description : The choice of the strategy is made by both the _________ simultaneously a. Decision maker b. Manager c. Competitor d. Player
Last Answer : Player
Description : 53. While plotting constraints on a graph paper, terminal points on both the axes are connected by straight line because a. The resources are limited in supply b. The objective function as a linear function c. The constraints are linear equations or inequalities d. All of the above
Last Answer : c. The constraints are linear equations or inequalities
Description : Who coined the concept of management accounting? A. R.N Anthony B. James H. Bliss C. J. Batty D. American Accounting Association
Last Answer : B. James H. Bliss
Description : Select the wrong statement. (a) The term ‘contagium vivum fluidum’ was coined by M. W. Beijerinck. (b) Mosaic disease in tobacco and AIDS in human being are caused by viruses. (c) The viroids were discovered by D.J. Ivanowsky. (d) W.M. Stanley showed that viruses could be crystallised.
Last Answer : (c) The viroids were discovered by D.J. Ivanowsky
Description : Every combination of strategies determines an outcome known as _____ a. Regret b. Payoff c. Saddle point d. Profit matrix
Last Answer : b. Payoff
Description : A ______ occurs when each player selects one of his strategies a. Profit b. Decision c. Play d. Game
Last Answer : c. Play
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
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
Description : The various alternatives or courses of actions available to each player in a game are called as ____ a. Saddle points b. Strategies c. Pay-off d. Gains
Last Answer : b. Strategies
Description : A situation in a game where, in the payoff matrix, maximin of row is equal to minimax of column is called___ a. Centre point b. Main point c. Saddle point d. Equal point
Last Answer : c. Saddle point
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
Description : The participants in a game are called ______ a. Clients b. Members c. Customers d. Players
Last Answer : d. Players