Description : Linear Programming Technique helps to find an optimal use of: a. Machine b. Money c. Manpower d. All of the above
Last Answer : 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
Description : _________ technique helps to make a choice from numerous available alternatives a. PERT b. CPM c. Linear Programming d. Transportation
Last Answer : d. Transportation
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 : ________ 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 : 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 : 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 : 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
Description : An objective function which states the determinants of the quantity to be either maximized or minimized is called_______ a. Feasible function b. Optimal function c. Criterion function d. None of the above
Last Answer : b. Optimal function
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
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
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 : 52. If an iso-profit yielding the optimal solution coincides with a constraint line, then a. The solution is unbounded b. The solution is infeasible c. The constraint which coincides is redundant d. None of the above
Description : 51. An iso-profit line represents a. An infinite number of solutions all of which yield the same profit b. An infinite number of solutions all of which incurs the same cost c. An infinite number of optimal solutions d. A boundary of the feasible region
Last Answer : . An infinite number of solutions all of which yield the same profit
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
Description : 44. The word “Programming” means taking decisions ______ a. Systematically b. Rapidly c. Slowly d. Instantly
Last Answer : a. Systematically
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 : 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 : 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 : 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 : _____ 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 : 12. Operations Research involves various _______ to solve the problems a. Decisions b. Study c. Technique d. Applications
Last Answer : c. Technique
Description : A linear programm A linear programming model CANNOT be used when whic ing model CANNOT be used when which of the followin h of the following are true? g are true? a)An optimal ... set of linear constraints may be defined d)Cross product relationships exist between two or more decision variables
Last Answer : d)Cross product relationships exist between two or more decision variables
Description : ........................may be defined as a method of determining an optimal program of interdependent activities in view of available resources. a. Goal programming b. Linear programming c. Decision making d. None of these
Last Answer : b. Linear programming
Description : Given the following statements with respect to linear programming problem: S1: The dual of the dual linear programming problem is again the primal problem S2: If either the primal or the dual problem has an unbounded objective function ... S1 and S2 (B) S1 and S3 (B) S2 and S3 (D) S1, S2 and S2
Last Answer : (D) S1, S2 and S2
Description : Which of the following is a location analysi analysis technique chnique typically e cally employed mployed by a service organization? a. purchasing power analysis b. linear linear programming c. queuing theory d. crossover charts e. cost-volume cost-volume analysis
Last Answer : a. purchasing power analysis
Description : Which of the followings is an assumption of Linear Programming Technique? a. Divisibility b. Additivity c. Proportionality d. All of the above
Description : Linear Programming technique is a: a. Constrained optimisation technique b. Technique for economic allocation of resources c. Mathematical technique d. All of the above
Description : .................... is considered as the pioneer of Linear Programming Technique. a. churchman b. D W Miller c. James Lundy d. George B Dantzig
Last Answer : d. George B Dantzig
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
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 : 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 : 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
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