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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.
| 601. | 
                                    Decision variables are.$? | 
                            
| A. | Controllable | 
| B. | Uncontrollable | 
| C. | Parameters | 
| D. | None of the above | 
| Answer» E. | |
| 602. | 
                                    ________ are expressed is n the form of inequities or equations.$? | 
                            
| A. | Constraints | 
| B. | Objective Functions | 
| C. | Both A and B | 
| D. | None of the above | 
| Answer» B. Objective Functions | |
| 603. | 
                                    ___________ are called mathematical models.$? | 
                            
| A. | Iconic Models | 
| B. | Analogue Models | 
| C. | Symbolic Models | 
| D. | None of the above | 
| Answer» D. None of the above | |
| 604. | 
                                    ___________ models are obtained by enlarging or reducing the size of the item.$? | 
                            
| A. | Iconic Models | 
| B. | Analogue Models | 
| C. | Symbolic Models | 
| D. | None of the above | 
| Answer» B. Analogue Models | |
| 605. | 
                                    Operations Research study generally involves how many phases ?$? | 
                            
| A. | Three | 
| B. | Four | 
| C. | Five | 
| D. | Two | 
| Answer» B. Four | |
| 606. | 
                                    ___________ are called mathematical models.? | 
                            
| A. | Iconic Models | 
| B. | Analogue Models | 
| C. | Symbolic Models | 
| D. | None of the above | 
| Answer» D. None of the above | |
| 607. | 
                                    Decision variables are.? | 
                            
| A. | Controllable | 
| B. | Uncontrollable | 
| C. | Parameters | 
| D. | None of the above | 
| Answer» E. | |
| 608. | 
                                    Operations Research approach is typically based on the use of.? | 
                            
| A. | Physical model | 
| B. | Mathematical model | 
| C. | Iconic model | 
| D. | Descriptive model | 
| Answer» C. Iconic model | |
| 609. | 
                                    ________ are expressed is n the form of inequities or equations.? | 
                            
| A. | Constraints | 
| B. | Objective Functions | 
| C. | Both A and B | 
| D. | None of the above | 
| Answer» B. Objective Functions | |
| 610. | 
                                    Operations Research study generally involves how many phases ?? | 
                            
| A. | Three | 
| B. | Four | 
| C. | Five | 
| D. | Two | 
| Answer» B. Four | |
| 611. | 
                                    ___________ models are obtained by enlarging or reducing the size of the item.? | 
                            
| A. | Iconic Models | 
| B. | Analogue Models | 
| C. | Symbolic Models | 
| D. | None of the above | 
| Answer» B. Analogue Models | |
| 612. | 
                                    Who defined Operations Research as scientific method of providing executive departments with a quantitative basis for decisions regarding the operations under their control?? | 
                            
| A. | Morse and Kimball (1946) | 
| B. | P.M.S. Blackett (1948) | 
| C. | E.L. Arnoff and M.J. Netzorg | 
| D. | None of the above | 
| Answer» B. P.M.S. Blackett (1948) | |
| 613. | 
                                    Who defined Operations Research as scientific approach to problem solving for executive management ?? | 
                            
| A. | E.L. Arnoff | 
| B. | P.M.S. Blackett | 
| C. | H.M. Wagner | 
| D. | None of the above | 
| Answer» D. None of the above | |
| 614. | 
                                    Every mathematical model. | 
                            
| A. | Must be deterministic | 
| B. | Requires computer aid for its solution | 
| C. | Represents data in numerical form | 
| D. | All of the above | 
| Answer» D. All of the above | |
| 615. | 
                                    The Hungarian method for solving an assignment problem can also be used to solve. | 
                            
| A. | A transportation problem | 
| B. | A travelling salesman problem | 
| C. | A LP problem | 
| D. | Both a & b | 
| Answer» C. A LP problem | |
| 616. | 
                                    Which of the following is not a key operating characteristics apply to queuing system? | 
                            
| A. | Utilization factor | 
| B. | Percent idle time | 
| C. | Average time spent waiting in the system & queue | 
| D. | None of the above | 
| Answer» E. | |
| 617. | 
                                    In Markov analysis, state probabilities must. | 
                            
| A. | Sum to one | 
| B. | Be less than one | 
| C. | Be greater than one | 
| D. | None of the above | 
| Answer» B. Be less than one | |
| 618. | 
                                    The cost of providing service in a queuing system decreases with. | 
                            
| A. | Decreased average waiting time in the queue | 
| B. | Decreased arrival rate | 
| C. | Increased arrival rate | 
| D. | None of the above | 
| Answer» E. | |
| 619. | 
                                    The general purpose system simulation language. | 
                            
| A. | Requires programme writing | 
| B. | Does not require programme writing | 
| C. | Requires predefined coding forms | 
| D. | Needs a set of equations to describe a system | 
| Answer» C. Requires predefined coding forms | |
| 620. | 
                                    Analytical results are taken into consideration before a simulation study so as to. | 
                            
| A. | Identify suitable values of the system parameters | 
| B. | Determine the optimal decision | 
| C. | Identify suitable values of decision variables for the specific choices of system parameters | 
| D. | All of the above | 
| Answer» D. All of the above | |
| 621. | 
                                    An advantage of simulation as opposed to optimization is that. | 
                            
| A. | Several options of measure of performance can be examined | 
| B. | Complex real-life problems can be studied | 
| C. | It is applicable in cases where there is an element of randomness in a system | 
| D. | All of the above | 
| Answer» E. | |
| 622. | 
                                    The first-order Markov chain is generally used when. | 
                            
| A. | Transition probabilities are fairly stable | 
| B. | Change in transition probabilities is random | 
| C. | No sufficient data are available | 
| D. | All of the above | 
| Answer» B. Change in transition probabilities is random | |
| 623. | 
                                    Linear programming is a. | 
                            
| A. | Constrained optimization technique | 
| B. | Technique for economic allocation of limited resources | 
| C. | Mathematical technique | 
| D. | All of the above | 
| Answer» E. | |
| 624. | 
                                    What refers to Linear Programming that includes an evaluation of relative risks and uncertainties in various alternatives of choice for management decisions ? | 
                            
| A. | Probabilistic Programming | 
| B. | Stochastic Programming | 
| C. | Both A and B | 
| D. | Linear Programming | 
| Answer» D. Linear Programming | |
| 625. | 
                                    Operations Research simply helps in improving the ______________ of the solution but does not in a perfect solution. | 
                            
| A. | Quality | 
| B. | Clarity | 
| C. | Look | 
| D. | None of the above | 
| Answer» B. Clarity | |
| 626. | 
                                    In simplex method, if there is tie between a decision variable and a slack (or surplus) variable, __________ should be selected. | 
                            
| A. | Slack variable | 
| B. | Surplus variable | 
| C. | Decision variable | 
| D. | None of the above | 
| Answer» D. None of the above | |
| 627. | 
                                    What can be defined as a useful idle resource which has economic value eg; raw materials, spareparts, finished items, etc? | 
                            
| A. | Inventory Control | 
| B. | Inventory | 
| C. | Inventory Planning | 
| D. | None of the above | 
| Answer» C. Inventory Planning | |
| 628. | 
                                    The mathematical model of an LP problem is important because. | 
                            
| A. | It helps in converting the verbal description & numerical data into mathematical expression | 
| B. | Decision-makers prefer to work with formal models | 
| C. | It captures the relevant relationship among decision factors | 
| D. | It enables the use of algebraic technique | 
| Answer» B. Decision-makers prefer to work with formal models | |
| 629. | 
                                    Before formulating a formal LP model, it is better to. | 
                            
| A. | Express each constrain in words | 
| B. | Express the objective function in words | 
| C. | Verbally identify decision variables | 
| D. | All of the above | 
| Answer» E. | |
| 630. | 
                                    If there are ‘m’ original variables and ‘n’ introduced variables, then there will be _____________ columns in the simplex table.$ | 
                            
| A. | M + n | 
| B. | M – n | 
| C. | 3 +m + n | 
| D. | M + n – 1 | 
| Answer» D. M + n ‚Äö√Ñ√¨ 1 | |
| 631. | 
                                    While solving a LP problem, infeasibility may be removed by? | 
                            
| A. | Adding another constraint | 
| B. | Adding another variable | 
| C. | Removing a constraint | 
| D. | Removing a variable | 
| Answer» D. Removing a variable | |
| 632. | 
                                    If two constraints do not intersect in the positive quadrant of the graph, then. | 
                            
| A. | The problem is infeasible | 
| B. | The solution is unbounded | 
| C. | One of the constraints is redundant | 
| D. | None of the above | 
| Answer» B. The solution is unbounded | |
| 633. | 
                                    Which of the following statements is true with respect to the optimal solution of an LP problem? | 
                            
| A. | Every LP problem has an optimal solution | 
| B. | Optimal solution of an LP problem always occurs at an extreme point | 
| C. | At optimal solution all resources are completely used | 
| D. | If an optimal solution exists, there will always be at least one at a corner | 
| Answer» E. | |
| 634. | 
                                    Non-negativity condition in an LP model implies. | 
                            
| A. | A positive coefficient of variables in objective function | 
| B. | A positive coefficient of variables in any constraint | 
| C. | Non-negative value of resources | 
| D. | None of the above | 
| Answer» E. | |
| 635. | 
                                    The solution need not be in ___________ numbers. | 
                            
| A. | Prime Number | 
| B. | Whole Number | 
| C. | Complex Number | 
| D. | None of the above | 
| Answer» C. Complex Number | |
| 636. | 
                                    The initial solution of a transportation problem can be obtained by applying any known method. However, the only condition is that. | 
                            
| A. | The solution be optimal | 
| B. | The rim conditions are satisfied | 
| C. | The solution not be degenerate | 
| D. | All of the above | 
| Answer» C. The solution not be degenerate | |
| 637. | 
                                    The solution to a transportation problem with ‘m’ rows (supplies) & ‘n’ columns (destination) is feasible if number of positive allocations are.$ | 
                            
| A. | m+n | 
| B. | m*n | 
| C. | m+n-1 | 
| D. | m+n+1 | 
| Answer» D. m+n+1 | |
| 638. | 
                                    When total supply is equal to total demand in a transportation problem, the problem is said to be? | 
                            
| A. | Balanced | 
| B. | Unbalanced | 
| C. | Degenerate | 
| D. | None of the above | 
| Answer» D. None of the above | |
| 639. | 
                                    While solving an assignment problem, an activity is assigned to a resource through a square with zero opportunity cost because the objective is to? | 
                            
| A. | Minimize total cost of assignment | 
| B. | Reduce the cost of assignment to zero | 
| C. | Reduce the cost of that particular assignment to zero | 
| D. | All of the above | 
| Answer» B. Reduce the cost of assignment to zero | |
| 640. | 
                                    For a salesman who has to visit n cities which of the following are the ways of his tour plan. | 
                            
| A. | n! | 
| B. | (n+1)! | 
| C. | (n-1)! | 
| D. | n | 
| Answer» D. n | |
| 641. | 
                                    ___________ are the representation of reality. | 
                            
| A. | Models | 
| B. | Phases | 
| C. | Both A and B | 
| D. | None of the above | 
| Answer» B. Phases | |
| 642. | 
                                    For analyzing the problem , decision – makers should normally study.# | 
                            
| A. | Its qualitative aspects | 
| B. | Its quantitative aspects | 
| C. | Both A and B | 
| D. | Neither A and B | 
| Answer» B. Its quantitative aspects | |
| 643. | 
                                    The quantitative approach to decision analysis is a. | 
                            
| A. | Logical approach | 
| B. | Rational approach | 
| C. | Scientific approach | 
| D. | All of the above | 
| Answer» D. All of the above | |
| 644. | 
                                    ______________ may be defined as a method of determining an optimum programme inter dependent activities in view of available resources. | 
                            
| A. | Goal Programming | 
| B. | Linear Programming | 
| C. | Decision Making | 
| D. | None of the above | 
| Answer» C. Decision Making | |
| 645. | 
                                    Operations Research cannot give perfect __________ to problems. | 
                            
| A. | Answers | 
| B. | Solutions | 
| C. | Both A and B | 
| D. | Decisions | 
| Answer» D. Decisions | |
| 646. | 
                                    In ___________ models there is risk and uncertainty. | 
                            
| A. | Deterministic Models | 
| B. | Probabilistic Models | 
| C. | Both A and B | 
| D. | None of the above | 
| Answer» C. Both A and B | |
| 647. | 
                                    Operations Research was known as an ability to win a war without really going in to a _____________. | 
                            
| A. | Battle field | 
| B. | Fighting | 
| C. | War | 
| D. | Both A and B | 
| Answer» E. | |
| 648. | 
                                    Who coined the term Operations Research? | 
                            
| A. | J.F. McCloskey | 
| B. | F.N. Trefethen | 
| C. | P.F. Adams | 
| D. | Both A and B | 
| Answer» E. | |
| 649. | 
                                    The use of decision models. | 
                            
| A. | Is possible when the variables value is known | 
| B. | Reduces the scope of judgement & intuition known with certainty in decision-making | 
| C. | Require the use of computer software | 
| D. | None of the above | 
| Answer» E. | |
| 650. | 
                                    To proceed with the MODI algorithm for solving an assignment problem, the number of dummy allocations need to be added are. | 
                            
| A. | n | 
| B. | 2n | 
| C. | n-1 | 
| D. | 2n-1 | 
| Answer» D. 2n-1 | |