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.

451.

For an activity the pessimistic, most likely and optimistic time are 10 days, 6 days and 2 days respectively. The expected duration of activity based on Beta distribution will be:

A. 6 days
B. 3 days
C. 2 days
D. 9 days
Answer» B. 3 days
452.

At a production machine, parts arrive according to a Poisson process at the rate of 0.35 parts per minute. Processing time for parts has an exponential distribution with a mean of 2 minutes. What is the probability that a random part arrival finds that there are already 8 parts in the system (in machine + in the queue)

A. 0.0247
B. 0.0576
C. 0.0173
D. 0.082
Answer» D. 0.082
453.

In a transportation problem there are four supply and five demand centres. The total quantity of supply available is greater than total demand. The number of allocations without degeneracy during an iteration is

A. 3
B. 6
C. 9
D. 8
Answer» E.
454.

A construction project consists of twelve activities. The estimated duration (in days) required to complete each of the activities along with the corresponding network diagram is shown below.ActivityDuration(days)ActivityDuration (days)AInauguration1GFlooring25BFoundation work7HElectrification7CStructural construction - 130IPlumbing7DStructural construction - 230JWood work7EBrick masonry work25JColoring3FPlastering7LHanding over function1Total floats (in days) for the activities 5-7 and 11-12 for the project are, respectively,

A. 25 and 1
B. 1 and 1
C. 0 and 0
D. 81 and 0
Answer» D. 81 and 0
455.

PERT has following time estimate-

A. One time estimate
B. Two time estimate
C. Three time estimate
D. Four time estimate
Answer» D. Four time estimate
456.

Hungarian algorithm used to solve

A. Transportation problem
B. Assignment problem
C. Unconstraint non-linear programming problem
D. Constrained non-linear programming problem
Answer» C. Unconstraint non-linear programming problem
457.

For the network below, the objective is to find the length of the shortest path from node P to node G. Let dij be the length of directed are from node i to node j. Let sj be the length of the shortest path from P to node j. Which of the following equations can be used to find SG ?

A. SG = Min {SO, SR}
B. SG = Min {SO – dOG, SR - dRG}
C. SG = min {SO + dOG, SR + dRG}
D. SG = Min {dOG, dRG}
Answer» D. SG = Min {dOG, dRG}
458.

Preliminary project report for a road project must contain:

A. Several alternatives of project that have to be considered
B. Soil Survey Report, Traffic Survey Report, Concept Design and Approximate Cost
C. Contract Document for Inviting Tender
D. Detailed description of estimated cost based on detailed design
Answer» C. Contract Document for Inviting Tender
459.

A PERT network has 9 activities on its critical path. The standard deviation of each activity on the critical path is 3. The standard deviation of the critical path is

A. 3
B. 9
C. 81
D. 27
Answer» C. 81
460.

A firm is required to procure three items (P, Q and R). The prices quoted for these items (in Rs.) by suppliers S1, S2 and S3 are given in table. The management policy requires that each item has to be supplied by only one supplier and one supplier supply only one item. The minimum total cost (in Rs.) of procurement to the firm is:ItemSuppliersS1S2S3P110120130Q115140140R125145165

A. 350
B. 360
C. 385
D. 395
Answer» D. 395
461.

It is expected to receive Rs. 5,000 annually for 3 years with each receipt occurring at the end of the year. With a discount rate of 10%, the present value of the annuity will be nearly

A. Rs. 12,435
B. Rs. 9,945
C. Rs. 4,975
D. Rs. 2,487
Answer» B. Rs. 9,945
462.

Concurrent engineering is implemented by involving a cross-functional team for design, production, testing and operational work

A. During the project execution
B. Long before the project execution
C. Towards the end of the project execution
D. After completion of the project execution
Answer» C. Towards the end of the project execution
463.

For which of the following situations linear programming can be applied?

A. Maximum material insulation
B. Procurement problems
C. Scheduling of production to meet sales forecast
D. All of these
Answer» E.
464.

Cars arrive at a service station according to Poisson’s distribution with a mean rate of 5 per hour. The service time per car is exponential with a mean of 10 minutes. At steady state, the average waiting time in the queue is

A. 10 minutes
B. 20 minutes
C. 25 minutes
D. 50 minutes
Answer» E.
465.

Factors which govern the operating cost of an equipment are :1. Purchase price of the equipment2. Depreciation due to regular use3. Cost of operation, maintenance and repairs Which of the above statements are correct ?

A. 1 and 2 only
B. 1 and 3 only
C. 2 and 3 only
D. 1, 2 and 3
Answer» D. 1, 2 and 3
466.

If there are m sources and n destinations in a transportation matrix, the total number of basic variables in a basic feasible solution is

A. m + n
B. m + n + 1
C. m + n – 1
D. m
Answer» D. m
467.

Activities falling on the critical path have

A. zero slack
B. maximum slack
C. minimum slack
D. negative slack
Answer» B. maximum slack
468.

An approach used in the product development which combines the efforts of design, manufacturing, and other functions to reduce the total time in introducing a new product in the market is

A. Concurrent engineering
B. Lean manufacturing
C. Value engineering
D. Break-even analysis
Answer» B. Lean manufacturing
469.

Consider the following LPP:Maximize z = 60X1 + 50X2Subject to X1 + 2X2 ≤ 40,3X1 + 2X2 ≤ 60 where, X1 and X2 ≥ 0

A. The LPP has a unique optimal solution
B. The LPP is infeasible
C. The LPP is unbound
D. The LPP has multiple optimal solutions
Answer» B. The LPP is infeasible
470.

Following data refers to the activities of a project, where, node 1 refers to the start and node 5 refers to the end of the projectActivityDuration (days)1-222-314-331-432-533-524-54The critical path (CP) in the network is

A. 1-2-3-5
B. 1-4-3-5
C. 1-2-3-4-5
D. 1-4-5
Answer» C. 1-2-3-4-5
471.

CPM method of network analysis is1. Ideally suited for linearly extending works2. Meant essentially for research and development activities.3. Activity-oriented4. Used for planning, scheduling and controlling purposes

A. 1 and 2 only
B. 2 and 3 only
C. 3 and 4 only
D. 1 and 4 only
Answer» D. 1 and 4 only
472.

Assuming Z and Y are the two control variables, the following are the constraints laid out for maximizing the profit:Maximize profit (P) = 8X – 5YSubject toConstraint-1: 2X + Y ≤ 1000Constraint-2: 3X + 4Y ≤ 2400Constraint-3: X + Y ≤ 800Constraint-4: X – Y ≤ 350Constraint-5: X ≥ 0Constraint-6: Y ≥ 0Which of the above constraints is a redundant one and does not have any effect on the solution?

A. Constraint-1
B. Constraint-3
C. Constraint-4
D. Constraint-5 and Constraint-6
Answer» C. Constraint-4
473.

For a M/M/I/∞/∞/FCFS queue model, the mean arrival rate is equal to 10 per hour and the mean service rate is 15 per hour. The expected queue length is

A. 1.33
B. 1.53
C. 2.75
D. 3.20
Answer» B. 1.53
474.

In an Linear programming problem, the restrictions or limitations under which the objective function is to be optimised are called

A. Constraints
B. Objective function
C. Decision variables
D. None of the above
Answer» B. Objective function
475.

In motion study, the symbol is used for

A. Delay
B. Storage
C. Inspection
D. Operation
Answer» D. Operation
476.

For the following LPP - Max. Z = -0.1 x1 + 0.5 x22x1 + 5x2 ≤ 80x1 + x2 ≤ 20x1, x2 ≥ 0to get the optimum solution, the values of x1, x2 are -

A. (20, 0)
B. \(\left(\dfrac{20}{3}, \dfrac{40}{3}\right)\)
C. (0, 16)
D. None of these
Answer» D. None of these
477.

A single-bay car wash with a poisson arrival rate and exponential service time has cars arriving at an average rate of 10 minutes apart and an average service time of 4 minutes. What is the system utilization?

A. 1.00
B. 0.67
C. 0.40
D. 0.24
Answer» D. 0.24
478.

In the construction stage of the projects, the information reflecting the status of the project is actual execution time for each activity, cost incurred, resources used, quality control, material management and bills. A tool to integrate the information flow within and among various agencies is known as

A. MIS
B. HRM
C. GIS
D. SCADA
Answer» B. HRM
479.

The important step required for simulation approach in solving a problem is to.~!

A. Test & validate the model
B. Design the experiment
C. Conduct the experiment
D. All of the above
Answer» E.
480.

Operations Research emphasizes on the overall approach to the system. This characteristics of Operations Research is often referred as.%!

A. System Orientation
B. System Approach
C. Interdisciplinary
D. Team Approach
Answer» E.
481.

In ___________ models, everything is defined and the results are certain,.%!

A. Deterministic Models
B. Probabilistic Models
C. Both A and B
D. None of the above
Answer» B. Probabilistic Models
482.

The operations Research technique, specially used to determine the optimum strategy is.%!

A. Decision Theory
B. Simulation
C. Game Theory
D. None of the above
Answer» C. Game Theory
483.

Operations Research approach is.%!

A. Multi_disciplinary
B. Scientific
C. Initiative
D. All of the above
Answer» D. All of the above
484.

An optimization model.%!

A. Mathematically provides the best decision
B. Provides decision within its limited context
C. Helps in evaluating various alternatives constantly
D. All of the above
Answer» E.
485.

A model is.%!

A. An essence of reality
B. An approximation
C. An idealization
D. All of the above
Answer» E.
486.

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
487.

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.
488.

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
489.

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
490.

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
491.

This innovative science of Operations Research was discovered during _____________.%!

A. Civil War
B. World War I
C. World War II
D. Industrial Revolution
Answer» D. Industrial Revolution
492.

Operations Research, which is a very powerful tool for ___________.%!

A. Research
B. Decision – Making
C. Operations
D. None of the above
Answer» C. Operations
493.

*$_A _____________ models considers time as one of the important variable.?

A. Static Models
B. Dynamic Models
C. Both A and B
D. None of the above
Answer» C. Both A and B
494.

*$_An optimization model.?

A. Mathematically provides the best decision
B. Provides decision within its limited context
C. Helps in evaluating various alternatives constantly
D. All of the above
Answer» E.
495.

*$_A model is.?

A. An essence of reality
B. An approximation
C. An idealization
D. All of the above
Answer» E.
496.

*$_Operations Research approach is.?

A. Multi_disciplinary
B. Scientific
C. Initiative
D. All of the above
Answer» D. All of the above
497.

*$_In ___________ models, everything is defined and the results are certain,.?

A. Deterministic Models
B. Probabilistic Models
C. Both A and B
D. None of the above
Answer» B. Probabilistic Models
498.

*$_The operations Research technique, specially used to determine the optimum strategy is.?

A. Decision Theory
B. Simulation
C. Game Theory
D. None of the above
Answer» C. Game Theory
499.

*$_Operations Research emphasizes on the overall approach to the system. This characteristics of Operations Research is often referred as.?

A. System Orientation
B. System Approach
C. Interdisciplinary
D. Team Approach
Answer» E.
500.

*$_This innovative science of Operations Research was discovered during _____________.?

A. Civil War
B. World War I
C. World War II
D. Industrial Revolution
Answer» D. Industrial Revolution