Description : Who defined Operations Research as scientific approach to problem solving for executive management. a. E L Arnoff b. H M Wagner c. Churchman d. None of these
Last Answer : b. H M Wagner
Description : ....................... deals with the concepts such as critical path, float, events, etc. a. Game theory b. Decision theory c. Queuing theory d. Network analysis
Last Answer : d. Network analysis
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
Description : Operations Research Techniques involves ..................... approach. a. Team approach b. Critical approach c. Individual approach d. None of these
Last Answer : c. Individual approach
Description : Operations Research emphasises on the overall approach to the system. This characteristic of Operations Research is often referred to as ................................. a. System orientation b. System approach c. Inter-disciplinary d. Team approach
Last Answer : d. Team approach
Description : Controllable variables are also called.................................. a. Slack variables b. Surplus variables c. Artificial variable d. Decision variables
Last Answer : d. Decision variables
Description : The variables which cannot be manipulated by the decision maker are called.................... a. Controllable variables b. Uncontrollable variables c. Both a and b d. None of these
Last Answer : b. Uncontrollable variables
Description : The variables which can be manipulated by the decision maker are called.................... a. Controllable variables b. Uncontrollable variables c. Both a and b d. None of these
Last Answer : a. Controllable variables
Description : Decision making under certainty refers to .............................. situation. a. Deterministic b. Probabilistic c. Competitive d. None of these
Last Answer : a. Deterministic
Description : A LPP model doesnot contain: a. Decision b. Constraints c. Feasible solution d. Spread Sheet
Last Answer : d. Spread Sheet
Description : ....................... is an important Operations Research Technique to analyse the queuing behaviour. a. Game theory b. Waiting line theory c. Decision theory d. Simulation
Last Answer : b. Waiting line theory
Description : ........................variables are fictitious and cannot have any physical meaning. a. Slack variables b. Surplus variables c. Artificial variables d. Decision variables
Last Answer : c. Artificial variables
Description : Which of the following is true with regard to a Linear Programming Model? a. No guarantee to get integer valued solution b. The relationship among decision variables is liner c. Both a and b d. None of the these
Last Answer : d. None of the these
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
Description : A constraint in a Linear Programming Model restricts: a. Value of objective function b. Value of decision variable c. Use of available resources d. All of the above
Description : The O R technique which helps in minimising total waiting and service cost is: a. Game theory b. Queuing theory c. Both a and b d. Decision theory
Last Answer : b. Queuing theory
Description : In simplex method, ........................ should be selected when there is tie between slack/surplus variable and decision variable. a. Slack variable b. Decision variable c. Surplus variable d. None of these
Last Answer : b. Decision variable
Description : If there are more than one optimal solutions for the decision variables, the solution is ........... a. Infeasible b. Unbounded c. Alternative d. None of these
Last Answer : c. Alternative
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 : ............................ models involve the allocation of resources to activities in such a way that some measure of effectiveness is optimised. a. Sequencing b. Allocation c. Queuing theory d. Decision theory
Last Answer : b. Allocation
Description : Operations Research is a very powerful tool for ........................ a. Operations b. Research c. Decision making d. None of these
Last Answer : c. Decision making
Description : ...................... is a method of analysing the current movement of the some variable in an effort to predict the future movement of the same variable. a. Goal programming b. Queuing theory c. Markov Analysis d. Replacement theory
Last Answer : c. Markov Analysis
Description : Operations Research makes a ...................... attack on complex problems to arrive at optimal solution. a. Scientific b. Systematic c. Both a and b d. None of these
Last Answer : c. Both a and b
Description : The Management Science Approach . A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. ... quantitative techniques to improve management decision making. D. None of these options is correct
Last Answer : Involves the use of quantitative techniques to improve management decision making.
Description : The Management Science Approach . A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. ... quantitative techniques to improve management decision making. D. None of these options is correct.
Last Answer : Involves the use of quantitative techniques to improve management decision making
Description : An approach to location anal on analysis that include includes both qualitative and quantitative considerations is a. locational cost-volume b. factor rating c. transportation model d. assignment assignment method e. make or buy analysis
Last Answer : b. factor rating
Description : Frederick Taylor and Frank and Lillian Gilbreth were advocates of an approach to management involving the use of scientific method, known as: (a) The quantitative approach. ; (b) Management science. (c) Scientific management. ; (d) The contingency approach.
Last Answer : (c) Scientific management. ;
Description : The following four different approaches to management thinking were developed in the first half of the 20th century: (a) Scientific management, general administrative, quantitative, and ... . (d) Systems approach, scientific management, general administrative, and organizational behaviour.
Last Answer : (b) Scientific management, general administrative, quantitative, and organizational behavior.
Description : 'Logical incrementalism' can be described as: A. Careful design and planning B. Emergent C. Cautious resource allocation D. Top management rational analysis
Last Answer : Top management rational analysis
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 : If a simplex table shows the values 2, -3, 0 against “θ”, which should be taken as the replacement ratio. a. 2 b. -3 c. 0 d. None of these
Last Answer : c. 0
Description : The outlet where the services are being provided to the customers is called................. a. Waiting line b. Service facility c. Idle facility d. Traffic intensity
Last Answer : b. Service facility
Description : .................... is the popular method for solving an assignment problem. a. Hungarian Method b. Enumeration Method c. Simplex Method d. None of the above
Last Answer : a. Hungarian Method
Description : Hungarian method was developed by ........................ a. T C Koopman b. F L Hitchcock c. D Konig d. George B Dantzig
Last Answer : c. D Konig
Description : Which of the following methods is used to solve an assignment problem: a. Enumeration Method b. Hungarian Method c. Simplex Method d. All of the above
Description : VAM is also called........................ a. Matrix Minima Method b. Penalty Method c. MODI Method d. None of these
Last Answer : b. Penalty Method
Description : Transportation model was first introduced by ........................ in the year 1941. a. T C Koopman b. George B Dantzig c. Von-neumann d. F L Hitchcock
Last Answer : d. F L Hitchcock
Description : ................................is that element of the simplex table which lis both in the key row and key column. a. Key element b. Pivot element c. Both a and b d. None of these
Description : Shadow price is also called ...................... a. Dual price b. Unit price c. Total cost d. None of these
Last Answer : a. Dual price
Description : Which of the following is a characteristic of a dual problem: a. Dual of a dual is primal b. If dual has a finite optimal solution, then the primal also has finite optimal solution c. If dual has no feasible solution, then the primal also has no feasible solution d. All of the above
Description : Game theory became popular when the book “Theory of Games and Economic Behaviour” was published in 1944 by .............................. a. Von Neumann b. Mc Closky c. Von-Neumann and Mc Closky d. Von-neumann and Morgenstern
Last Answer : d. Von-neumann and Morgenstern
Description : Traffic intensity is computed by using the formula: a. λ/μ b. μ/λ c. 1- λ/μ d. 1- μ/λ
Last Answer : a. λ/μ
Description : Traffic intensity in Queuing Theory is also called........................... a. Service factor b. Arrival factor c. Utilisation factor d. None of these
Last Answer : c. Utilisation factor
Description : ..............................was the first person who developed a viable queueing theory a. Von Neumann b. Morgenstern c. H M Wagner d. Simeon Dennis Poisson
Last Answer : d. Simeon Dennis Poisson
Description : Excess of service facilities over and above the number of customers results: a. Idleness of service capacity b. Queues c. Both a and b d. None of these
Last Answer : a. Idleness of service capacity
Description : ............................refers to the manner in which the customers behave while being in the queue. a. Service pattern b. Service pattern c. Queue discipline d. None of these
Last Answer : c. Queue discipline
Description : MODI Method to test the optimality of a feasible solution to TP is also called............... a. Stepping Stone Method b. u. v. Method c. both a and b d. none of these
Last Answer : b. u. v. Method
Description : Matrix Minima Method to find initial feasible solution to a TP is also called ....................... a. NWCM b. LCM c. VAM d. None of these
Last Answer : c. VAM
Description : In Transportation Problem, LCM stands for ............................. a. Lowest Common Multiplier b. Least Cost Method c. Lowest Cell Method d. None of these
Last Answer : b. Least Cost Method