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

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
by

1 Answer

Answer :

b. Value of variables make sense & correspond to real-world problems
by

Related questions

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

. 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

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

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

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

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

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

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

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

A basic solution which also satisfies the condition in which all basic variables are non-negative is called ___ a. Basic feasible solution b. Feasible solution c. Optimal solution d. None of the above

Description : A basic solution which also satisfies the condition in which all basic variables are non-negative is called ___ a. Basic feasible solution b. Feasible solution c. Optimal solution d. None of the above

Last Answer : a. Basic feasible solution

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

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

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

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

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)

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

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

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

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

65. Any feasible solution which optimizes (minimizes or maximizes) the objective function of the LPP is called as _______ a. Optimal solution b. Non-basic variables c. Solution d. Basic Feasible solution

Description : 65. Any feasible solution which optimizes (minimizes or maximizes) the objective function of the LPP is called as _______ a. Optimal solution b. Non-basic variables c. Solution d. Basic Feasible solution

Last Answer : a. Optimal solution

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

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

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

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

Last Answer : d. All of the above

In simplex method, we add _______ variables in the case of “=” a. Slack variable b. Surplus variable c. Artificial variable d. None of the above

Description : In simplex method, we add _______ variables in the case of “=” a. Slack variable b. Surplus variable c. Artificial variable d. None of the above

Last Answer : c. Artificial variable

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

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

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

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

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

In project crashing, as we systematically, crash the project, direct cost of project ______ a. Increases b. Decreases c. Remain same d. None of the above

Description : In project crashing, as we systematically, crash the project, direct cost of project ______ a. Increases b. Decreases c. Remain same d. None of the above

Last Answer : a. Increases

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

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

_____ 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, 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

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 the interdependencies of all tasks c. They can be used to estimate the expected project completion dates as well as the probability that the project will be completed by a specific date d. All of the above

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

An activity whose start or end cannot be delay without affecting total project completion time is called ______ activity a. Dummy b. Non-critical c. Critical d. Important

Description : An activity whose start or end cannot be delay without affecting total project completion time is called ______ activity a. Dummy b. Non-critical c. Critical d. Important

Last Answer : c. Critical

When a particular assignment in the given problem is not possible or restricted as a condition, it is called a __ problem a. Infeasible b. Degenerate c. Unbalanced d. Prohibited

Description : When a particular assignment in the given problem is not possible or restricted as a condition, it is called a __ problem a. Infeasible b. Degenerate c. Unbalanced d. Prohibited

Last Answer : d. Prohibited

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 : 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

Last Answer : d. All of the above

The purpose of a dummy row or column in an assignment problem is to a. Obtain balance between total activities and total resources b. Prevent a solution from becoming degenerate c. Provide a means of representing a dummy problem d. None of the above

Description : The purpose of a dummy row or column in an assignment problem is to a. Obtain balance between total activities and total resources b. Prevent a solution from becoming degenerate c. Provide a means of representing a dummy problem d. None of the above

Last Answer : a. Obtain balance between total activities and total resources

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

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

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

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

Who developed the Game Theory a. J.R. Hicks b. William J. Baumol c. Neumann Morgenstern d. Samuelson P.T.

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