Explore topic-wise MCQs in General Management.

This section includes 675 Mcqs, each offering curated multiple-choice questions to sharpen your General Management knowledge and support exam preparation. Choose a topic below to get started.

501.

*/*_Operations Research, which is a very powerful tool for ___________.?

A. Research
B. Decision – Making
C. Operations
D. None of the above
Answer» C. Operations
502.

*/*_Assignment problem helps to find a maximum weight identical in nature in a weighted ____________.?

A. Tripartite graph
B. Bipartite graph
C. Partite graph
D. None of the above
Answer» C. Partite graph
503.

*/*_Which of the cost estimates & performance measures are not used for economic analysis of a queuing system??

A. Cost per server per unit of time
B. Cost per unit of time for a customer waiting in the system
C. Average number of customers in the system
D. Average waiting time of customers in the system
Answer» E.
504.

*/*_In the long run, the state probabilities become 0 & 1.?

A. In no case
B. In same cases
C. In all cases
D. Cannot say
Answer» D. Cannot say
505.

*/*_In a matrix of transition probability, the probability values should add up to one in each.?

A. Row
B. Column
C. Diagonal
D. All of the above
Answer» B. Column
506.

*/*_To make simulation more popular, we need to avoid.?

A. Large cost over runs
B. Prolonged delays
C. User dissatisfaction with simulation results
D. All of the above
Answer» E.
507.

*/*_Simulation should not be applied in all cases because it.?

A. Requires considerable talent for model building & extensive computer programming efforts
B. Consumes much computer time
C. Provides at best approximate solution to problem
D. All of the above
Answer» E.
508.

*/*_As simulation is not an analytical model, therefore the result of simulation must be viewed as.?

A. Unrealistic
B. Exact
C. Approximation
D. Simplified
Answer» D. Simplified
509.

*/*_Markov analysis is useful for:?

A. Predicting the state of the system at some future time
B. Calculating transition probabilities at some future time
C. All of the above
D. None of the above
Answer» D. None of the above
510.

*/*_Constraints in an LP model represents.?

A. Limitations
B. Requirements
C. Balancing limitations & requirements
D. All of the above
Answer» E.
511.

*/*_Operations Research techniques helps the directing authority in optimum allocation of various limited resources, such as ______________.?

A. Men and Machine
B. Money
C. Material and Time
D. All of the above
Answer» E.
512.

*/*_A solution may be extracted from a model either by.?

A. Conducting experiments on it
B. Mathematical analysis
C. Both A and B
D. Diversified Techniques
Answer» D. Diversified Techniques
513.

*/*_Every LPP is associated with another LPP is called ______________.?

A. Primal
B. Dual
C. Non_linear programming
D. None of the above
Answer» C. Non_linear programming
514.

*/*_Which technique is used to imitate an operation prior to actual performance ??

A. Simulation
B. Integrated Production Models
C. Inventory Control
D. Game Theory
Answer» B. Integrated Production Models
515.

*/*_Which technique is used in finding a solution for optimizing a given objective, such as profit maximization or cost minimization under certain constraints??

A. Quailing Theory
B. Waiting Line
C. Both A and B
D. Linear Programming
Answer» E.
516.

*/*_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
Answer» E.
517.

*/*_In maximization cases, _____________ are assigned to the artificial variables as their coefficients in the objective function.?

A. +m
B. –m
C. 0
D. None of the above
Answer» B. ‚Äö√Ñ√¨m
518.

*/*_Customer behavior in which the customer moves from one queue to another in a multiple channel situation is.?

A. Balking
B. Reneging
C. Jockeying
D. Altering
Answer» D. Altering
519.

*/*_While solving a LP model graphically, the area bounded by the constraints is called??

A. Feasible region
B. Infeasible region
C. Unbounded solution
D. None of the above
Answer» B. Infeasible region
520.

*/*_While plotting constraints on a graph paper, terminal points on both the axes are connected by a 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
Answer» D. All of the above
521.

*/*_The graphical method of LP problem uses.?

A. Objective function equation
B. Constraint equations
C. Linear equations
D. All of the above
Answer» E.
522.

*/*_The variables whose coefficient vectors are unit vectors are called ____________.?

A. Unit Variables
B. Basic Variables
C. Non basic Variables
D. None of the above
Answer» C. Non basic Variables
523.

*/*_An alternative optimal solution to a minimization transportation problem exists whenever opportunity cost corresponding to unused route of transportation is:?

A. Positive & greater than zero
B. Positive with at least one equal to zero
C. Negative with at least one equal to zero
D. None of the above
Answer» C. Negative with at least one equal to zero
524.

*/*_The large negative opportunity cost value in an unused cell in a transportation table is chosen to improve the current solution because.?

A. It represents per unit cost reduction
B. It represents per unit cost improvement
C. It ensure no rim requirement violation
D. None of the above
Answer» B. It represents per unit cost improvement
525.

*/*_An assignment problem is considered as a particular case of a transportation problem because.?

A. The number of rows equals columns
B. All xij = 0 or 1
C. All rim conditions are 1
D. All of the above
Answer» E.
526.

*/*_If there were n workers & n jobs there would be.?

A. n! solutions
B. (n-1)! solutions
C. (n!)n solutions
D. n solutions
Answer» B. (n-1)! solutions
527.

*/*_Every basic feasible solution of a general assignment problem, having a square pay-off matrix of order, n should have assignments equal to.?

A. 2n+1
B. 2n-1
C. m+n-1
D. m+n
Answer» C. m+n-1
528.

%_____________ models assumes that the values of the variables do not change with time during a particular period._%

A. Static Models
B. Dynamic Models
C. Both A and B
D. None of the above
Answer» B. Dynamic Models
529.

_ _____________ is one of the fundamental combinatorial optimization problems.$?

A. Assignment problem
B. Transportation problem
C. Optimization Problem
D. None of the above
Answer» B. Transportation problem
530.

_ For analyzing a problem, decision-makers should study.$?

A. Its qualitative aspects
B. Its quantitative aspects
C. Both a & b
D. Neither a nor b
Answer» D. Neither a nor b
531.

_ Dual of the dual is ______________.$?

A. Primal
B. Dual
C. Alternative
D. None of the above
Answer» B. Dual
532.

_ Allocation problems can be solved by.$?

A. Linear Programming Technique
B. Non – Linear Programming Technique
C. Both A and B
D. None of the above
Answer» D. None of the above
533.

_ The word __________ may be defined as some action that we apply to some problems or hypothesis.$?

A. Research
B. Operation
C. Both A and B
D. None of the above
Answer» C. Both A and B
534.

_ There is a great scope for ____________ working as a team to solve problems of defence by using the Operations Research approach.$?

A. Economists
B. Administrators
C. Statisticians and Technicians
D. All of the above
Answer» E.
535.

_ The term Operations Research was coined in the year ____________.$?

A. 1950
B. 1940
C. 1978
D. 1960
Answer» C. 1978
536.

_ The qualitative approach to decision analysis relies on.$?

A. Experience
B. Judgement
C. Intuition
D. All of the above
Answer» E.
537.

_ The objective functions and constraints are linear relationship between _____________.$?

A. Variables
B. Constraints
C. Functions
D. All of the above
Answer» B. Constraints
538.

_ The calling population is assumed to be infinite when.$?

A. Arrivals are independent of each other
B. Capacity of the system is infinite
C. Service rate is faster than arrival rate
D. All of the above
Answer» B. Capacity of the system is infinite
539.

_ If a matrix of transition probability is of the order n*n, then the number of equilibrium equations would be.$?

A. n
B. n-1
C. n+1
D. None of the above
Answer» B. n-1
540.

_ Probabilities of occurrence of any state are.$?

A. Collectively exhaustive
B. Mutually exclusive
C. Representing one of the finite numbers of states of nature in the system
D. All of the above
Answer» E.
541.

_ Few causes of simulation analysis failure are.$?

A. Inadequate level of user participation
B. Inappropriate levels of detail
C. Incomplete mix of essential skills
D. All of the above
Answer» E.
542.

_ Large complicated simulation models are appreciated because.$?

A. Their average costs are not well-defined
B. It is difficult to create the appropriate events
C. It is difficult to create the appropriate events
D. All of the above
Answer» D. All of the above
543.

_ Which of the following is not the special purpose simulation language?$?

A. BASIC
B. GPSS
C. GASP
D. SIMSCRIPT
Answer» B. GPSS
544.

_ The transition matrix elements remain positive from one point to the next. This property is known as:$?

A. Steady-state property
B. Equilibrium property
C. Regular property
D. All of the above
Answer» D. All of the above
545.

_ 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
Answer» B. It has single objective function & constraints
546.

_ Linear Programming technique is used to allocate scarce resources in an optimum manner in problems of ______________ ?$?

A. Schedule
B. Product Mix
C. Both A and B
D. Servicing Cost
Answer» D. Servicing Cost
547.

_ Operations Research uses models built by quantitative measurement of the variables ca given problem and also derives a solution from the model using _____________ of the diversified solution techniques.$?

A. Two or more
B. One or more
C. Three or more
D. Only One
Answer» C. Three or more
548.

_ In LPP, degeneracy occurs in ____________ stages.$?

A. One
B. Two
C. Three
D. Four
Answer» C. Three
549.

_ Key concept under which technique are network of events and activities , resource allocation, time and cost considerations, network paths and critical paths ?$?

A. Game Theory
B. Network Analysis
C. Decision Theory
D. None of the above
Answer» C. Decision Theory
550.

_ What have been constructed for Operations Research problems and methods for solving the models that are available in many cases?$?

A. Scientific Models
B. Algorithms
C. Mathematical Models
D. None of the above
Answer» D. None of the above