Management Science Set 7

Bachelor of Business Administration (BBA),

Master of Commerce (M.com)

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This set of Management Science Multiple Choice Questions & Answers (MCQs) focuses on Management Science Set 7

Q1 | ......................... deals with making sound decisions under conditions of certainty, risk anduncertainty.
Q2 | ....................... deals with the concepts such as critical path, float, events, etc.
Q3 | ............................... is used to imitate an operation prior to actual performance.
Q4 | ............................... is concerned with determination of the most economic replacement policy.
Q5 | The O R technique which helps in minimising total waiting and service cost is:
Q6 | Linear Programming technique is a:
Q7 | A constraint in a Linear Programming Model restricts:
Q8 | Before formulating a formal L P model, it is better to:
Q9 | Linear Programming Technique helps to find an optimal use of:
Q10 | Which of the followings is an assumption of Linear Programming Technique?
Q11 | Which of the following is true with regard to a Linear Programming Model?
Q12 | The graphical method if LPP uses:
Q13 | Constraints in an LPP are treated as active, if they:
Q14 | While solving a LPP graphically, the area bounded by constraints is called .................
Q15 | While solving an LPP, infeasibility may be removed by:
Q16 | ........................variables are fictitious and cannot have any physical meaning.
Q17 | An optimal solution is considered as the ................... among the feasible solutions.
Q18 | ........................... method is used to solve an assignment problem.
Q19 | The allocated cells in the transportation table are called ..............................
Q20 | In transportation Problems, VAM stands for .........................
Q21 | Initial feasible solution to a transportation Problem can be found out by .........................
Q22 | ........................ is applied to determine optimal solution.
Q23 | A Transportation Problem is said to be unbalanced when total supply is not equal to ............
Q24 | For a minimisation Transportation Problem, the objective is to minimise:
Q25 | ....................... is an important Operations Research Technique to analyse the queuing behaviour.
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