Description : _____ technique is related to Inventory management a. EOQ b. SQC c. CPM d. transportation
Last Answer : a. EOQ
Description : ________ technique is related to Quality control a. Assignment b. Transportation c. CPM d. SQC
Last Answer : d. SQC
Description : ______ are technique applied in project management a. CPM b. Assignment c. Transportation d. Decision theory
Last Answer : a. CPM
Description : The basic difference between PERT and CPM is that a. PERT deals with events and CPM with activities b. Critical Path is determined in PERT only c. Costs are considered on CPM only d. Guessed times are used in PERT and evaluated times in CPM.
Last Answer : a. PERT deals with events and CPM with activities
Description : What is the benefit of using PERT/CPM network as integral component of project management? a. They furnish a consistent framework for planning, scheduling, monitoring and controlling project b. They illustrate ... that the project will be completed by a specific date d. All of the above
Last Answer : d. All of the above
Description : ________ which is a subclass of a linear programming problem(LPP) a. Programming problem b. Transportation problem c. Computer problem d. All of the above
Last Answer : b. Transportation problem
Description : 36. The best use of linear programming technique is to find an optimal use of a. Money b. Manpower c. Machine d. All of the above
Last Answer : . All of the above
Description : 28. Linear programming is a a. Constrained optimization technique b. Technique for economic allocation of limited resources c. Mathematical technique d. All of the above
Last Answer : b. Technique for economic allocation of limited resource
Description : For a project manager to have an effective means of identifying and communicating the planned activities and their interrelationships, he must use a network technique. One of the network ... evaluation review technique c. Path evaluation review technique d. Project execution review technique
Last Answer : b. Program evaluation review technique
Description : Every LPP is associated with another LPP is called_____ a. Primal b. Dual c. Non-linear programming d. None of the above
Last Answer : b. Dual
Description : 47. The method of formal calculations often termed as Linear Programming was developed later in which year? a. 1947 b. 1988 c. 1957 d. 1944
Last Answer : a. 1947
Description : 46. Linear programming has been successfully applied in __________ a. Agricultural b. Industrial applications c. Both a & b d. manufacturing
Last Answer : c. Both a & b
Description : The CPM was developed by Rand and Walker in which year? a. 1957 b. 1958 c. 1959 d. 1960
Last Answer : a. 1957
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 : 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 first method invented for planning projects, was (A) Bar chart method (B) Milestone chart (C) Critical path method (CPM) (D) Programme Evaluation and Review Technique (PERT)
Last Answer : (A) Bar chart method
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 : In a PERT network, the earliest(activity) start time is the a. Earliest time that an activity can be finished without delaying the entire project b. Latest time that an activity can ... of precedence requirements d. Latest time that an activity can be finished without delaying the entire project
Last Answer : c. Earliest time that an activity can be started without violation of precedence requirements
Description : . In what year was PERT developed? a. 1957 b. 1959 c. 1960 d. 1958
Last Answer : . 1957
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 : If no. of rows are not equal to number of columns and the matrix elements are profit elements then the problem is: a. Balanced and Maximization Transportation problem b. ... Transportation problem c. Balanced and Maximization Assignment problem d. Unbalanced and Maximization Assignment problem
Last Answer : a. Balanced and Maximization Transportation problem
Description : If no. of rows are equal to number of columns and the matrix elements are Time elements then the problem is: a. Balanced and Minimization Transportation problem b. ... Transportation problem c. Balanced and Minimization Assignment problem d. Unbalanced and Minimization Assignment problem
Last Answer : c. Balanced and Minimization Assignment problem
Description : ___ is one of the fundamental combinatorial optimization problems a. Assignment problem b. Transportation problem c. Optimization problem d. None of the above
Last Answer : a. Assignment problem
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
Description : The assignment problem a. Requires that only one activity be assigned to each resource b. Is a special case of transportation problem c. Can be used to maximize resources d. All of the above
Description : An assignment problem is considered as a particular case of a transportation problem because a. The number of rows equals columns b. All xij = 0 or 1 c. All rim conditions are 1 d. All of the above
Description : LPP is exactly used in solving what kind of resource allocation problems? a. Production planning and scheduling b. Transportation c. Sales and advertising d. All of the above
Description : Linear Programming Technique helps to find an optimal use of: a. Machine b. Money c. Manpower d. All of the above
Description : 44. The word “Programming” means taking decisions ______ a. Systematically b. Rapidly c. Slowly d. Instantly
Last Answer : a. Systematically
Description : Why PERT is preferred over CPM for evaluation of project ?
Last Answer : PERT is based on the approach of multiple time estimates for each activity.
Description : Which of the following statements is true? A. PERT is considered as a deterministic approach and CPM is a probabilis t ic techniques. B. PERT is considered as a probabilistic techniques ... and CPM are both probabilistic techniques. D. PERT and CPM are both considered as deterministic approachs
Last Answer : B. PERT is considered as a probabilistic techniques and CPM is considered as a deterministic approach
Description : ................... is an event oriented network diagram. a. CPM b. PERT c. Histogram d. Ogive
Last Answer : b. PERT
Description : ......................... is activity oriented network diagram. a. CPM b. PERT c. Histogram d. Ogive
Description : ______________ is an activity-oriented approach. A. CPM B. PERT C. GERT D. WASP
Last Answer : A. CPM
Description : _____________ is an event-oriented approach . A. CPM. B. GERT. C. PERT. D. WASP.
Last Answer : 1
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 : 48. The graphical method of LP problem uses a. Objective function equation b. Constraint equations c. Linear equations d. All of the above
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 : 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 : 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 : 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 : What network model enables engineer managers to schedule, monitor and control large and complex projects by employing three time estimates per activity a. Forecasting b. Program evaluation review technique c. Critical path method d. simulation
Description : What network model enables engineer managers to schedule, monitor and control large and complex projects by using only one time factor per activity a. Forecasting b. Program evaluation review technique c. Critical path method d. simulation
Description : 12. Operations Research involves various _______ to solve the problems a. Decisions b. Study c. Technique d. Applications
Last Answer : c. Technique
Description : If profit, sales, production, etc is given then it is _________ a. Balanced problem b. Unbalanced problem c. Maximization problem d. Minimization problem
Last Answer : c. Maximization problem
Description : Maximization problem, then convert into minimization table through _________ a. Row minimization b. Column minimization c. Regret matrix d. Profit matrix
Last Answer : c. Regret matrix
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
Description : Evaluating lo ting location alternatives by c ves by comparing the ing their composite (weighted-averag -average) scores involves involves a. factor rating analysis b. cost- ... transportation model analysis analysis d. linear regression regression analysis e. crossover crossover analysis
Last Answer : a. factor rating analysis