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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 | |