Description : . In what year was PERT developed? a. 1957 b. 1959 c. 1960 d. 1958
Last Answer : . 1957
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 : 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 : 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 : 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 : _________ technique helps to make a choice from numerous available alternatives a. PERT b. CPM c. Linear Programming d. Transportation
Last Answer : d. Transportation
Description : Backward pass calculations are done to find ________ occurrence times of events a. Tentative b. Definite c. Latest d. Earliest
Last Answer : c. Latest
Description : Forward pass calculations are done to find _____ occurrence times of events a. Exact b. Earliest c. Latest d. Approximate
Last Answer : b. Earliest
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
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
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 : 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 : 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 : 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
Description : Operations Research emphasizes on the overall approach to the system. This characteristic of Operations Research is often referred as a. System Orientation b. System Approach c. Interdisciplinary Team Approach d. None of the above
Last Answer : c. Interdisciplinary Team Approach
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
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 : For solving an assignment problem, which method is used? a. British b. American c. German d. None of the above
Last Answer : B. american
Description : . The method used for solving an assignment problem is called a. Reduced matrix method b. MODI method c. Hungarian method d. None of the above
Last Answer : . c. Hungarian method
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
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
Description : _____ is another method to solve a given LPP involving some artificial variable? a. Big M method b. Method of penalties c. Two-phase simplex method d. None of the above
Last Answer : a. Big M method
Description : . In simplex algorithm, which method is used to deal with the situation where an infeasible starting basic solution is given? a. Slack variable b. Simplex method c. Big M Method d. None of the above
Last Answer : b. Simplex method
Description : 66. Which method is an iterative procedure for solving LPP in a finite number of steps? a. Simplex algorithm b. Slack variable c. Big M method d. Simplex method
Last Answer : d. Simplex method
Description : 63. Graphic method can be applied to solve a LPP when there are only ____ variable a. Four b. More than one c. Two d. three
Last Answer : Which oil is used in the floatation method for the purification of ores?
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
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)
Description : The NATO was founded in __________ (A) 1944. (B) 1945. (C) 1947. (D) 1949.
Last Answer : (D) 1949.
Description : The Term Operations Research was coined in the year _____ a. 1950 b. 1940 c. 1978 d. 1960
Last Answer : B. 1940
Description : What was the world's first high level programming language 1957?
Last Answer : IBM FORTRAN
Description : What was the world’s first high level programming language 1957
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
Description : A strategy that is best regardless of what rival players do is called a. First-mover advantage b. A Nash equilibrium strategy c. Tit-for-tat d. A dominant strategy
Last Answer : d. A dominant strategy
Description : In game theory, the outcome or consequence of a strategy is referred to as the a. Payoff b. Penalty c. Reward d. End-game strategy
Last Answer : a. Payoff
Description : What is a saddle point? a. Equilibrium point b. Balanced growth point c. Imbalanced growth point d. Unstable equilibrium point
Last Answer : c. Imbalanced growth point