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.

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