............................... is concerned with determination of the most economic replacement policy. a. Probabilistic programming b. Linear programming c. Search theory d. Replacement theory

............................... is concerned with determination of the most economic replacement policy. a. Probabilistic programming b. Linear programming c. Search theory d. Replacement theory
by

1 Answer

Answer :

d. Replacement theory
by

Related questions

...................... 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

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

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 : Linear Programming technique is a: a. Constrained optimisation technique b. Technique for economic allocation of resources c. Mathematical technique d. All of the above

Last Answer : d. All of the above

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

Probabilistic models are also called ........................... a. Deterministic models b. Dynamic models c. Stochastic models d. None of these

Description : Probabilistic models are also called ........................... a. Deterministic models b. Dynamic models c. Stochastic models d. None of these

Last Answer : c. Stochastic models

......................... models involve more risks and uncertainties. a. Probabilistic b. Deterministic c. Both a and b d. None of these

Description : ......................... models involve more risks and uncertainties. a. Probabilistic b. Deterministic c. Both a and b d. None of these

Last Answer : a. Probabilistic

In .................. models, everything is defined and the results are certain. a. Probabilistic b. Deterministic c. Both a and b d. None of these

Description : In .................. models, everything is defined and the results are certain. a. Probabilistic b. Deterministic c. Both a and b d. None of these

Last Answer : b. Deterministic

Which of the following method is used to solve mixed strategy problems: a. Probability method b. Graphic method c. Linear Programming method d. All of the above

Description : Which of the following method is used to solve mixed strategy problems: a. Probability method b. Graphic method c. Linear Programming method d. All of the above

Last Answer : d. All of the above

Straight lines shown in a linear programming graph indicates ........................... a. Objective function b. Constraints c. Points d. All of the above

Description : Straight lines shown in a linear programming graph indicates ........................... a. Objective function b. Constraints c. Points d. All of the above

Last Answer : b. Constraints

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

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

Which of the followings is an assumption of Linear Programming Technique? a. Divisibility b. Additivity c. Proportionality d. All of the above

Description : Which of the followings is an assumption of Linear Programming Technique? a. Divisibility b. Additivity c. Proportionality d. All of the above

Last Answer : d. All of the above

Linear Programming Technique helps to find an optimal use of: a. Machine b. Money c. Manpower d. All of the above

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

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 : 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

Last Answer : d. All of the above

Every Linear Programming Problem is related to another Linear Programming Problem, called .......................... a. Primal b. Dual c. Non-linear Programming d. None of these

Description : Every Linear Programming Problem is related to another Linear Programming Problem, called .......................... a. Primal b. Dual c. Non-linear Programming d. None of these

Last Answer : b. Dual

In Linear Programming Problem, degeneracy occurs in ................. stages. a. One b. Two c. Three d. Four

Description : In Linear Programming Problem, degeneracy occurs in ................. stages. a. One b. Two c. Three d. Four

Last Answer : b. Two

When at least one of the basic variables is zero, then the basic feasible solution to a Linear Programming Problem is said to be .............................. a. Infeasible b. Unbounded c. Degenerate d. Non-degenerate

Description : When at least one of the basic variables is zero, then the basic feasible solution to a Linear Programming Problem is said to be .............................. a. Infeasible b. Unbounded c. Degenerate d. Non-degenerate

Last Answer : c. Degenerate

.................... is considered as the pioneer of Linear Programming Technique. a. churchman b. D W Miller c. James Lundy d. George B Dantzig

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

If the feasible region of a linear programming problem is empty, the solution is .................... a. Unbounded b. Infeasible c. Infeasible d. Alternative

Description : If the feasible region of a linear programming problem is empty, the solution is .................... a. Unbounded b. Infeasible c. Infeasible d. Alternative

Last Answer : b. Infeasible

All the parameters in the linear programming model are assumed to be ..................... a. Variables b. Constraints c. Functions d. None of these

Description : All the parameters in the linear programming model are assumed to be ..................... a. Variables b. Constraints c. Functions d. None of these

Last Answer : b. Constraints

The Hungarian method for solving an assignment problem can also be used to solve: a. A transportation problem b. A travelling salesman problem c. A linear programming problem d. Both a and b

Description : The Hungarian method for solving an assignment problem can also be used to solve: a. A transportation problem b. A travelling salesman problem c. A linear programming problem d. Both a and b

Last Answer : b. A travelling salesman problem

........................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

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

Queuing theory is also termed as ............................ a. Game theory b. Replacement theory c. Waiting line theory d. None of these

Description : Queuing theory is also termed as ............................ a. Game theory b. Replacement theory c. Waiting line theory d. None of these

Last Answer : c. Waiting line theory

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

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

Graphic method can be applied to solve a liner programming problem when there are only ........................... variables a. A one b. Two c. Three d. More than three

Description : Graphic method can be applied to solve a liner programming problem when there are only ........................... variables a. A one b. Two c. Three d. More than three

Last Answer : b. Two

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

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

The graphical method if LPP uses: a. Linear equations b. Constraint equations c. Objective function d. All of the above

Description : The graphical method if LPP uses: a. Linear equations b. Constraint equations c. Objective function d. All of the above

Last Answer : d. All of the above

Traffic intensity in Queuing Theory is also called........................... a. Service factor b. Arrival factor c. Utilisation factor d. None of these

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

..............................was the first person who developed a viable queueing theory a. Von Neumann b. Morgenstern c. H M Wagner d. Simeon Dennis Poisson

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

In queuing theory, FCFS stand for .............................. a. First Cum First Served b. First Customer Fist Served c. Fast Channel First Served

Description : In queuing theory, FCFS stand for .............................. a. First Cum First Served b. First Customer Fist Served c. Fast Channel First Served

Last Answer : a. First Cum First Served

In queuing theory, ............................ stands for mean service rate. a. μ b. λ c. t d. none of these

Description : In queuing theory, ............................ stands for mean service rate. a. μ b. λ c. t d. none of these

Last Answer : a. μ

In queuing theory, ............................ stands for mean arrival rate of customers. a. μ b. λ c. t d. none of these

Description : In queuing theory, ............................ stands for mean arrival rate of customers. a. μ b. λ c. t d. none of these

Last Answer : b. λ

In waiting line theory, number of customers waiting in the queue is referred to as ................ a. Traffic intensity b. Queuing system c. Service pattern d. Queue length

Description : In waiting line theory, number of customers waiting in the queue is referred to as ................ a. Traffic intensity b. Queuing system c. Service pattern d. Queue length

Last Answer : d. Queue length

In queuing theory, ...................... is a person by whom service is rendered. a. Customer b. Server c. a or b d. none of these

Description : In queuing theory, ...................... is a person by whom service is rendered. a. Customer b. Server c. a or b d. none of these

Last Answer : b. Server

In queuing theory, ...................... refers to those waiting in a queue or receiving service. a. Service provider b. Customer c. Both a and b d. None of these

Description : In queuing theory, ...................... refers to those waiting in a queue or receiving service. a. Service provider b. Customer c. Both a and b d. None of these

Last Answer : b. Customer

Which of the following is an assumption of game theory? a. The players act rationally and intelligently b. Each payer has a finite set of possible courses of action c. The players attempt to maximise gains or minimises losses d. All of the above

Description : Which of the following is an assumption of game theory? a. The players act rationally and intelligently b. Each payer has a finite set of possible courses of action c. The players attempt to maximise gains or minimises losses d. All of the above

Last Answer : d. All of the above

............................is known as father of game theory. a. Von Neumann b. A K Erlang c. George b Dantzig d. Arnoff

Description : ............................is known as father of game theory. a. Von Neumann b. A K Erlang c. George b Dantzig d. Arnoff

Last Answer : a. Von Neumann

....................... is an important Operations Research Technique to analyse the queuing behaviour. a. Game theory b. Waiting line theory c. Decision theory d. Simulation

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

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

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

............................... is used to imitate an operation prior to actual performance. a. Inventory control b. Simulation c. Game theory d. Integrated Production Model

Description : ............................... is used to imitate an operation prior to actual performance. a. Inventory control b. Simulation c. Game theory d. Integrated Production Model

Last Answer : b. Simulation

....................... deals with the concepts such as critical path, float, events, etc. a. Game theory b. Decision theory c. Queuing theory d. Network analysis

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

......................... 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

............................ 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

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

Which algorithm is used for solving temporal probabilistic reasoning? a) Hill-climbing search b) Hidden markov model c) Depth-first search d) Breadth-first search

Description : Which algorithm is used for solving temporal probabilistic reasoning? a) Hill-climbing search b) Hidden markov model c) Depth-first search d) Breadth-first search

Last Answer : b) Hidden markov model

Controllable variables are also called.................................. a. Slack variables b. Surplus variables c. Artificial variable d. Decision variables

Description : Controllable variables are also called.................................. a. Slack variables b. Surplus variables c. Artificial variable d. Decision variables

Last Answer : d. Decision variables

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

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

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

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

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

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

.................... is the popular method for solving an assignment problem. a. Hungarian Method b. Enumeration Method c. Simplex Method d. None of the above

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

Hungarian method was developed by ........................ a. T C Koopman b. F L Hitchcock c. D Konig d. George B Dantzig

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

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 : 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

Last Answer : d. All of the above

VAM is also called........................ a. Matrix Minima Method b. Penalty Method c. MODI Method d. None of these

Description : VAM is also called........................ a. Matrix Minima Method b. Penalty Method c. MODI Method d. None of these

Last Answer : b. Penalty Method