Description : Operations Research has the characteristic that it is done by a team of ..................... a. Scientists b. Mathematicians c. Academicians d. Politicians
Last Answer : a. Scientists
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 : 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 : 13. Operations Research cannot give perfect _____ to problems a. Answers b. Solutions c. Both a & b d. Decisions
Last Answer : c. 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
Description : The Term Operations Research was coined in the year _____ a. 1950 b. 1940 c. 1978 d. 1960
Last Answer : B. 1940
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 : 26. Operations Research is a _________ a. Science b. Art c. Mathematics 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
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 : 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 : 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 : 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 : 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 : 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
Description : Forward pass calculations are done to find _____ occurrence times of events a. Exact b. Earliest c. Latest d. Approximate
Last Answer : b. Earliest
Description : 37. Which of the following is not a characteristics of the LP a. Resources must be limited b. Only one objective function c. Parameters value remains constant during the planning period d. The problem must be of minimization type
Last Answer : d. The problem must be of minimization type
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 : 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 : Floats for critical activities will be always _____ a. One b. Zero c. Highest d. Same as duration of the activity
Last Answer : b. Zero
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
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 optimum solution is considered the _____ among feasible solutions a. Worst b. Best c. Ineffective d. None of the above
Last Answer : b. Best
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
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
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
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
Description : _____ technique is related to Inventory management a. EOQ b. SQC c. CPM d. transportation
Last Answer : a. EOQ
Description : ______ are technique applied in project management a. CPM b. Assignment c. Transportation d. Decision theory
Last Answer : a. CPM
Description : Backward pass calculations are done to find ________ occurrence times of events a. Tentative b. Definite c. Latest d. Earliest
Last Answer : c. Latest
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 : 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 : The participants in a game are called ______ a. Clients b. Members c. Customers d. Players
Last Answer : d. Players
Description : . In a zero-sum game, a. What one player wins, the other loses b. The sum of each player’s winnings if the game is played many times must be zero c. The game is fair-each person has an equal chance of winning d. Long-run profits must be zero
Last Answer : a. What one player wins, the other loses
Description : A common assumption about the players in a game is that a. Neither player knows the payoff matrix b. The players have different information about the payoff matrix c. Only one of the players pursues a rational strategy d. The specific identify of the players is irrelevant to the play of the game
Last Answer : d. The specific identify of the players is irrelevant to the play of the game
Description : A strategy that is best regardless of what rival players do is called a. First-mover advantage b. A Nash equilibrium strategy c. Tit-for-tat d. A dominant strategy
Last Answer : d. A dominant strategy
Description : In game theory, the outcome or consequence of a strategy is referred to as the a. Payoff b. Penalty c. Reward d. End-game strategy
Last Answer : a. Payoff
Description : What is a saddle point? a. Equilibrium point b. Balanced growth point c. Imbalanced growth point d. Unstable equilibrium point
Last Answer : c. Imbalanced growth point
Last Answer : a. Equilibrium point
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