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 : 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 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 : 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 : ...................... 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 : ....................... 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 : 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, 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 : 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, ............................ stands for mean arrival rate of customers. a. μ b. λ c. t d. none of these
Last Answer : b. λ
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 : ............................ 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 : 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 : 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 : 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 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 : 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
Last Answer : 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 : ......................... 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 : _____________ 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 : 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 : ..............................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 : In a ........................game the amounts won by all winners together is equal to the sum of the amounts lost by all losers together. a. Non-zero sum game b. Zero sum game c. Rectangular game d. None of these
Last Answer : b. Zero sum game
Description : A game is said to be fair if the value of the game is......................... a. One b. Two c. Three d. Zero
Last Answer : d. Zero
Description : When all the players of the game follow their optimal strategies, then the expected pay off of the game is called....................... a. Gain of the game b. Loss of the game c. Value of the game d. None of these
Last Answer : c. Value of the game
Description : The outcome of a game is known as.................... a. Profit b. Loss c. Pay off d. None of these
Last Answer : c. Pay off
Description : Each participant of the game is called................... a. Strategist b. Winner c. Player d. Loser
Last Answer : c. Player
Description : Controllable variables are also called.................................. a. Slack variables b. Surplus variables c. Artificial variable d. Decision variables
Last Answer : d. Decision variables
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 : 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 : 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 : 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
Description : Probabilistic models are also called ........................... a. Deterministic models b. Dynamic models c. Stochastic models d. None of these
Last Answer : c. Stochastic models
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 : .................... 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 : 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
Last Answer : c. Both a and b
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 : 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 : 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
Description : In Transportation Problem, NWCM stands for ............................. a. North West Cost Method b. Net Worth Corner Method c. North West Corner Method d. None of these
Last Answer : c. North West Corner Method
Description : Initial feasible solution to a transportation problem arrived through which of the following method is very near to the optimal solution: a. NWCM b. LCM c. VAM d. None of these