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

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
by

1 Answer

Answer :

a. It helps in converting the verbal description & numerical data into mathematical expression
by

Related questions

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

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

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

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

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 employing three time estimates per activity a. Forecasting b. Program evaluation review technique c. Critical path method d. simulation

Last Answer : b. Program evaluation review technique

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 : 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

Last Answer : b. Program evaluation review technique

54. A constraint in an LP model becomes redundant because a. Two iso-profits may be parallel to each other b. The solution is unbounded c. This constraint is not satisfied by the solution values d. None of the above

Description : 54. A constraint in an LP model becomes redundant because a. Two iso-profits may be parallel to each other b. The solution is unbounded c. This constraint is not satisfied by the solution values d. None of the above

Last Answer : d. None of the above

31. Constraints in an LP model represents a. Limitations b. Requirements c. Balancing limitations & requirements 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

Last Answer : d. All of the above

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

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

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

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

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

59. Alternative solutions exist of an LP model when a. One of the constraints is redundant b. Objective function equation is parallel to one of the constraints c. Two constraints are parallel d. All of the above

Description : 59. Alternative solutions exist of an LP model when a. One of the constraints is redundant b. Objective function equation is parallel to one of the constraints c. Two constraints are parallel d. All of the above

Last Answer : b. Objective function equation is parallel to one of the constraints

58. While solving a LP model graphically, the area bounded by the constraints is called a. Feasible region b. Infeasible region c. Unbounded solution d. None of the above

Description : 58. While solving a LP model graphically, the area bounded by the constraints is called a. Feasible region b. Infeasible region c. Unbounded solution d. None of the above

Last Answer : a. Feasible region

39. Which of the following is an assumption of an LP model a. Divisibility b. Proportionality c. Additivity d. All of the above

Description : 39. Which of the following is an assumption of an LP model a. Divisibility b. Proportionality c. Additivity d. All of the above

Last Answer : d. All of the above

. Non-negativity condition in an LP model implies a. A positive coefficient of variables in objective function b. A positive coefficient of variables in any constraint c. Non-negative value of resources d. None of the above

Description : . Non-negativity condition in an LP model implies a. A positive coefficient of variables in objective function b. A positive coefficient of variables in any constraint c. Non-negative value of resources d. None of the above

Last Answer : d. None of the Above

62. If one of the constraint of an equation in an LP problem has an unbounded solution, then a. Solution to such LP problem must be degenerate b. Feasible region should have a line segment c. Alternative solutions exists d. None of the above

Description : 62. If one of the constraint of an equation in an LP problem has an unbounded solution, then a. Solution to such LP problem must be degenerate b. Feasible region should have a line segment c. Alternative solutions exists d. None of the above

Last Answer : b. Feasible region should have a line segment

61. If a non-redundant constraint is removed from an LP problem then a. Feasible region will become larger b. Feasible region will become smaller c. Solution will become infeasible d. None of the above

Description : 61. If a non-redundant constraint is removed from an LP problem then a. Feasible region will become larger b. Feasible region will become smaller c. Solution will become infeasible d. None of the above

Last Answer : a. Feasible region will become larger

60. While solving a LP problem, infeasibility may be removed by a. Adding another constraint b. Adding another variablec. Removing a constraint d. Removing a variable

Description : 60. While solving a LP problem, infeasibility may be removed by a. Adding another constraint b. Adding another variable c. Removing a constraint d. Removing a variable

Last Answer : c. Removing a constraint

50. Which of the following statements is true with respect to the optimal solution of an LP problem? a. Every LP problem has an optimal solution b. Optimal solution of an LP problem always occurs at an extreme point c. At optimum solution all resources are completely used d. If an optimal solution exists, there will always be at least one at a corner

Description : 50. Which of the following statements is true with respect to the optimal solution of an LP problem? a. Every LP problem has an optimal solution b. Optimal solution of an LP problem always occurs ... completely used d. If an optimal solution exists, there will always be at least one at a corner

Last Answer : d. If an optimal solution exists, there will always be at least one at a corner

49. A feasible solution to an LP problem a. Must satisfy all of the problem’s constraints simultaneously b. Need not satisfy all of the constraints, only some of them c. Must be a corner point of the feasible solution d. Must optimize the value of the objective function

Description : 49. A feasible solution to an LP problem a. Must satisfy all of the problem’s constraints simultaneously b. Need not satisfy all of the constraints, only some of them c. Must be a corner point of the feasible solution d. Must optimize the value of the objective function

Last Answer : a. Must satisfy all of the problem’s constraints simultaneously

48. The graphical method of LP problem uses a. Objective function equation b. Constraint equations c. Linear equations d. All of the above

Description : 48. The graphical method of LP problem uses a. Objective function equation b. Constraint equations c. Linear equations d. All of the above

Last Answer : d. All of the above

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

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

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

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

_________ technique helps to make a choice from numerous available alternatives a. PERT b. CPM c. Linear Programming d. Transportation

Description : _________ technique helps to make a choice from numerous available alternatives a. PERT b. CPM c. Linear Programming d. Transportation

Last Answer : d. Transportation

_____ 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

. 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

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

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

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

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

What is a verbal expressions for the algebraic expression 7p?

Description : What is a verbal expressions for the algebraic expression 7p?

Last Answer : Seven multiplied by the variable "p"

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

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

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

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

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

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

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 techniques is commonly known as PERT, what does PERT stands for? a. Project evaluation review technique b. Program evaluation review technique c. Path evaluation review technique d. Project execution review technique

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

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

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

_____ 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

________ technique is related to Quality control a. Assignment b. Transportation c. CPM d. SQC

Description : ________ technique is related to Quality control a. Assignment b. Transportation c. CPM d. SQC

Last Answer : d. SQC

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

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

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

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

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

While solving an assignment problem, an activity is assigned to a resource through a square with zero opportunity cost because the objective is to a. Minimize total cost of assignment b. Reduce the cost of assignment to zero c. Reduce the cost of that particular assignment to zero d. All of the above

Description : While solving an assignment problem, an activity is assigned to a resource through a square with zero opportunity cost because the objective is to a. Minimize total cost of assignment b. Reduce the cost of ... to zero c. Reduce the cost of that particular assignment to zero d. All of the above

Last Answer : c. Reduce the cost of that particular assignment to zero

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 : 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

Last Answer : d. All of the above

Which of the following is not an assumption of the classical decision model? (a) Problems are clearly defined. (b) Decision makers behave logically. (c) Evaluation criteria are drawn from objectives and the definition of the problem. (d) Choice is made once sufficient information on alternatives is available

Description : Which of the following is not an assumption of the classical decision model? (a) Problems are clearly defined. (b) Decision makers behave logically. (c) Evaluation criteria are drawn from ... the definition of the problem. (d) Choice is made once sufficient information on alternatives is available

Last Answer : (d) Choice is made once sufficient information on alternatives is available