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

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
by

1 Answer

Answer :

c. World War II
by

Related questions

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

4. This Innovative science of Operations Research was discovered during ________ a. Civil War b. World War I c. World War II d. Industrial Revolution

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

......................... deals with making sound decisions under conditions of certainty, risk and uncertainty. a. Game theory b. Network analysis c. Decision theory d. None of these

Description : ......................... deals with making sound decisions under conditions of certainty, risk and uncertainty. a. Game theory b. Network analysis c. Decision theory d. None of these

Last Answer : c. Decision theory

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

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

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

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

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

Decision making under certainty refers to .............................. situation. a. Deterministic b. Probabilistic c. Competitive d. None of these

Description : Decision making under certainty refers to .............................. situation. a. Deterministic b. Probabilistic c. Competitive d. None of these

Last Answer : a. Deterministic

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

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

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

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

_____ 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

46. Linear programming has been successfully applied in __________ a. Agricultural b. Industrial applications c. Both a & b d. manufacturing

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

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

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

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

. Dual of the dual is _______ a. Primal b. Dual c. Alternative d. None of the above

Description : . Dual of the dual is _______ a. Primal b. Dual c. Alternative d. None of the above

Last Answer : a. Primal

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

An objective function is maximized when it is a _______ function a. Passive b. Profit c. Cost d. None of the above

Description : An objective function is maximized when it is a _______ function a. Passive b. Profit c. Cost d. None of the above

Last Answer : b. Profit

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

64. If the feasible region of a LPP is empty, the solution is _______ a. Infeasible b. Unbounded c. Alternative d. None of the above

Description : 64. If the feasible region of a LPP is empty, the solution is _______ a. Infeasible b. Unbounded c. Alternative d. None of the above

Last Answer : a. Infeasible

Mean, median and mode are measures of _______ a. Central tendency b. Dispersion c. Probability d. maths

Description : Mean, median and mode are measures of _______ a. Central tendency b. Dispersion c. Probability d. maths

Last Answer : . central tendency

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

Currently, LPP is used in solving a wide range of practical ___________ a. Business problems b. Agricultural problems c. Manufacturing problems d. None of the above

Description : Currently, LPP is used in solving a wide range of practical ___________ a. Business problems b. Agricultural problems c. Manufacturing problems d. None of the above

Last Answer : a. Business problems

Operations Research techniques cannot be applied to _____ a. Managerial judgement b. Business initiatives c. Customer perceptions d. All of the above

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

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 of the following best expresses the difference between programmed and non-programmed decisions? (a) Occur under certainty or risk; occur under uncertainty or ambiguity (b) Made by managers who prefer a thinking or technocratic style; made by managers who use judgement and follow intuition (c) Handled with decision rules; decision rules cannot be developed (d) Have computer routines developed for them; are not computerized

Description : Which of the following best expresses the difference between programmed and non-programmed decisions? (a) Occur under certainty or risk; occur under uncertainty or ambiguity (b) Made by managers ... rules cannot be developed (d) Have computer routines developed for them; are not computerized

Last Answer : (c) Handled with decision rules; decision rules cannot be developed