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 : 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
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
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
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 : ............................ 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 : 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 : In queuing theory, ............................ stands for mean service rate. a. μ b. λ c. t d. none of these
Last Answer : a. μ
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
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
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 : In queuing theory, ............................ stands for mean arrival rate of customers. a. μ b. λ c. t d. none of these
Last Answer : b. λ
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 : Number of customers in the queue per unit of time is called ...................... a. Queuing system b. Length of queue c. Average length of queue d. None of these
Last Answer : c. Average length of queue
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 : 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 : 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 : _____________ are mathematical models that describe the operating characteristics of queuing situations. (a) Waiting line models ; (b) Simulation models ; (c) Decision trees ; (d) All of the given options
Last Answer : (a) Waiting line models ;
Description : While the bin cards are used in the effective stores management, the queuing theory is associated with the __________ time. (A) Waiting (B) Idle (C) Inspection (D) Tool replacement
Last Answer : A) Waiting
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 : 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 : ............................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
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
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 : 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 : In Herbert Simon's theory, a manager who accepts the first satisfactory solution to a problem has made a ______ decision, while a manager who continues to search for the best possible solution is ... ; satisficing ; (b) Minimising; maximizing ; (c) Satisficing; maximising (d) Maximising; minimizing
Last Answer : (b) Minimising; maximizing ;
Description : A Transportation Problem is said to be unbalanced when total supply is not equal to ............ a. Total cost b. Total demand c. Both a and b d. None of these
Last Answer : b. Total demand
Description : Operations Research does not give perfect solution to a problem, but it helps to improve the ......................... of the solution. a. Quality b. Clarity c. Look d. None of these
Last Answer : a. Quality
Description : PERT stand for: a. Performance Evaluation Review Technique b. Programme Evaluation Review Technique c. Programme Evaluation Research Technique
Last Answer : b. Programme Evaluation Review Technique
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 : Controllable variables are also called.................................. a. Slack variables b. Surplus variables c. Artificial variable d. Decision variables
Last Answer : d. Decision 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 : ........................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 : 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
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 : 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 : The quantitative approach to decision analysis is a .......................... a. Logical approach b. Rational approach c. Scientific approach d. All of the above
Last Answer : c. Scientific approach
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 : 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 : Shadow price is also called ...................... a. Dual price b. Unit price c. Total cost d. None of these
Last Answer : a. Dual price
Description : The dummy source/destination in a transportation problem is added to ........................ a. Satisfy rim constraints b. Prevent solution from becoming degenerate c. Ensure total cost does not exceed a limit d. None of the above
Last Answer : a. Satisfy rim constraints
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 : ............................... is concerned with determination of the most economic replacement policy. a. Probabilistic programming b. Linear programming c. Search theory d. Replacement theory
Last Answer : d. Replacement theory
Description : .......................... is the duration by which an activity can be delayed without delaying the project. a. Slack b. Total float c. Both a and b d. None of these
Last Answer : b. Total float
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