A matrix which shows the gains and losses resulting from moves and cou – McqOptions

MCQOPTIONS

1.	A matrix which shows the gains and losses resulting from moves and counter moves is called..................................
A.	Cost matrix
B.	Pay off matrix
C.	Both a and b
D.	None of these
Answer» C. Both a and b

Discussion

No Comment Found

Related MCQs

. Theory is an important operations research technique to analyze the queuing behaviour.
. helps management to evaluate alternative course of action for selecting the best course of action
.. is an important Operations research technique to be used for determining optimal allocation of limited resources to meet the given objectives.
Who defined Operations Research as scientific approach to problem solving for executive management.
Operations Research emphasises on the overall approach to the system. This characteristic of Operations Research is often referred to as .................................
............................ models involve the allocation of resources to activities in such a way that some measure of effectiveness is optimised.
The word .................. may be defined as some actions that we apply to some problems or hypothesis.
........................ models assume that the values of the variables do not change with time during a particular period.
........................may be defined as a method of determining an optimal program of interdependent activities in view of available resources.
The solution to a transportation problem with m rows and n columns is feasible if the number of positive allocations are: