Recent questions tagged management-science

by itszee asked Jul 25, 2021 0 views

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

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
Answer : c. 0...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

Controllable variables are also called.................................. a. Slack variables b. Surplus variables c. Artificial variable d. Decision variables

Controllable variables are also called.................................. a. Slack variables b. Surplus variables c. Artificial variable d. Decision variables
Answer : d. Decision variables...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

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

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
Answer : b. Uncontrollable variables...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

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

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
Answer : a. Controllable variables...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

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

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
Answer : b. Service facility...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

.................... is the popular method for solving an assignment problem. a. Hungarian Method b. Enumeration Method c. Simplex Method d. None of the above

.................... is the popular method for solving an assignment problem. a. Hungarian Method b. Enumeration Method c. Simplex Method d. None of the above
Answer : a. Hungarian Method...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

Hungarian method was developed by ........................ a. T C Koopman b. F L Hitchcock c. D Konig d. George B Dantzig

Hungarian method was developed by ........................ a. T C Koopman b. F L Hitchcock c. D Konig d. George B Dantzig
Answer : c. D Konig...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

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

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
Answer : d. All of the above...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

VAM is also called........................ a. Matrix Minima Method b. Penalty Method c. MODI Method d. None of these

VAM is also called........................ a. Matrix Minima Method b. Penalty Method c. MODI Method d. None of these
Answer : b. Penalty Method...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

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

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
Answer : d. F L Hitchcock...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

................................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

................................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
Answer : c. Both a and b...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

Shadow price is also called ...................... a. Dual price b. Unit price c. Total cost d. None of these

Shadow price is also called ...................... a. Dual price b. Unit price c. Total cost d. None of these
Answer : a. Dual price...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

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

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
Answer : d. All of the above...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

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

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
Answer : d. Von-neumann and Morgenstern...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

Traffic intensity is computed by using the formula: a. λ/μ b. μ/λ c. 1- λ/μ d. 1- μ/λ

Traffic intensity is computed by using the formula: a. λ/μ b. μ/λ c. 1- λ/μ d. 1- μ/λ
Answer : a. λ/μ...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

Traffic intensity in Queuing Theory is also called........................... a. Service factor b. Arrival factor c. Utilisation factor d. None of these

Traffic intensity in Queuing Theory is also called........................... a. Service factor b. Arrival factor c. Utilisation factor d. None of these
Answer : c. Utilisation factor...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

..............................was the first person who developed a viable queueing theory a. Von Neumann b. Morgenstern c. H M Wagner d. Simeon Dennis Poisson

..............................was the first person who developed a viable queueing theory a. Von Neumann b. Morgenstern c. H M Wagner d. Simeon Dennis Poisson
Answer : d. Simeon Dennis Poisson...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

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

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
Answer : a. Idleness of service capacity...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

............................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

............................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
Answer : c. Queue discipline...

View solution

0 like 0 dislike

1 answer

by itszee asked Jul 25, 2021 0 views

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

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
Answer : b. u. v. Method...

View solution

0 like 0 dislike

1 answer