Explore topic-wise MCQs in Bachelor of Management Studies (BMS).

This section includes 60 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Management Studies (BMS) knowledge and support exam preparation. Choose a topic below to get started.

1.

________are entities whose value is determined from the solution of LPP

A. objective function
B. decision variable
C. constraints
D. opportunity cost
Answer» B. decision variable
2.

The region of feasible solution in LPP graphical method is called ____

A. infeasible region
B. unbounded region
C. infinite region
D. feasible region
Answer» E.
3.

When the solution is degenerate in transportation problem, we add a _

A. dummy
B. epsilon
C. penalty
D. regret
Answer» C. penalty
4.

The outgoing variable row in the simplex table is called ____

A. outgoing row
B. key row
C. basic row
D. interchanging row
Answer» D. interchanging row
5.

______method is used in Assignment Problem

A. ncwr
B. lcm
C. vam
D. hungarian
Answer» E.
6.

IF the Minimax are ( 10,18,16) and Maximin are (8,10,7). The saddle point is ___

A. 7
B. 10
C. 18
D. 8
Answer» C. 18
7.

The longest path in the network diagram is called ____

A. head path
B. sub path
C. critical path
D. sub critical path
Answer» D. sub critical path
8.

The shortest time in the PERT is called ______time

A. expected
B. pessimitic
C. optimistic
D. most likely
Answer» D. most likely
9.

Pick the wrong relationship:

A. interfering float = total float – free float
B. total float =free float + independent float
C. total float ≥ free float ≥ independent float
D. free float = total float – head event slack
Answer» C. total float ≥ free float ≥ independent float
10.

The total time required to complete all the jobs in a job sequence problem is known as ______

A. processing order
B. idle time
C. processing time
D. elapsed time
Answer» E.
11.

When a particular assignment in the given problem is not possible or restricted as a condition, it is called a problem.

A. degenerate
B. prohibited
C. infeasible
D. unbalanced
Answer» C. infeasible
12.

The second longest path in the network diagram is called Path.

A. alternate
B. feasible solution
C. critical
D. sub-critical
Answer» E.
13.

Forward pass calculations are done to find occurrence times of events.

A. exact
B. earliest
C. latest
D. approximate
Answer» C. latest
14.

Operations Research techniques are in nature.

A. qualitative
B. quantitative
C. judgmental
D. subjective
Answer» C. judgmental
15.

If 5y = 30, then the line is

A. parallel to x axis
B. parallel to y axis
C. passes through the origin
D. intersects both the axis
Answer» B. parallel to y axis
16.

If there are or more decision variables in a LPP, SIMPLEX method is used.

A. 2
B. 3
C. 1
D. 4
Answer» C. 1
17.

A situation in a game where, in the payoff matrix, maximin of row is equal to minimax of column is called .

A. centre point
B. saddle point
C. main point
D. equal point
Answer» C. main point
18.

In a game, the alternatives or courses of action available to each player are called .

A. choices
B. strategies
C. options
D. actions
Answer» C. options
19.

The outcome of the interaction of selected strategies of opponents in a game is called .

A. income
B. profit
C. payoff
D. gains
Answer» D. gains
20.

The participants in a game are called .

A. invitees
B. players
C. contestants
D. clients
Answer» C. contestants
21.

The total time required to complete all the jobs in a job sequencing problem is known as .

A. processing time
B. waiting time
C. elapsed time
D. idle time
Answer» D. idle time
22.

The shortest possible completion time of an activity in PERT is called time.

A. optimistic
B. pessimistic
C. expected
D. most likely
Answer» B. pessimistic
23.

Floats for critical activities will be always be .

A. one
B. zero
C. highest
D. equal to duration
Answer» C. highest
24.

An activity whose start or end cannot be delayed without affecting total project completion time is called activity.

A. dummy
B. non-critical
C. important
D. critical
Answer» E.
25.

When there is a degeneracy in the transportation problem, we add an imaginary allocation called in the solution.

A. dummy
B. penalty
C. regret
D. epsilon
Answer» E.
26.

If M + N – 1 = Number of allocations in transportation, it means . (Where ‘M’ is number of rows and ‘N’ is number of columns)

A. there is no degeneracy
B. degeneracy exists
C. solution is optimum
D. problem is balanced
Answer» B. degeneracy exists
27.

In simplex, a maximization problem is optimal when all Delta J, i.e. Cj – Zj values are .

A. either zero or positive
B. either zero or negative
C. only positive
D. only negative
Answer» C. only positive
28.

The value of one extra unit of resource is called in simplex.

A. unit price
B. extra price
C. retail price
D. shadow price
Answer» E.
29.

A resource which is partially utilized is called in simplex.

A. null resource
B. scarce resource
C. abundant resource
D. zero resource
Answer» D. zero resource
30.

In a transportation problem, the method of penalties is called                     method.

A. vogel’s approximat ion method
B. nwcr
C. lcm
D. modi
Answer» B. nwcr
31.

The outgoing variable row in the simplex algorithm is called .

A. outgoing row
B. key row
C. interchanging row
D. basic row
Answer» C. interchanging row
32.

The region of feasible solution in LPP graphical method is called                     region

A. infeasible
B. infinite
C. unbounded
D. feasible
Answer» E.
33.

When the constraints are a mix of ‘less than’ and ‘greater than’ it is a problem having .

A. multiple constraints
B. infinite constraints
C. infeasible constraints
D. mixed constraints
Answer» E.
34.

The type of constraint which specifies maximum capacity of a resource is                       ‘or equal to’ constraint.

A. less than
B. greater than
C. not greater than
D. not less than
Answer» B. greater than
35.

In linear programming represents mathematical equation of the limitations imposed by the problem.

A. objective function
B. decision variables
C. constraints
D. opportunity cost
Answer» D. opportunity cost
36.

The time during which a machine remains waiting or vacant in sequencing problem is called time.

A. processing
B. waiting
C. free
D. idle
Answer» E.
37.

The order in which machines are required for completing the jobs is called

A. machines order
B. job order
C. processing order
D. working order
Answer» D. working order
38.

Backward pass calculations are done to find occurrence times of events.

A. tentative
B. definite
C. latest
D. earliest
Answer» D. earliest
39.

The longest path in the network diagram is called path

A. critical
B. sub-critical
C. best
D. worst
Answer» B. sub-critical
40.

When a maximization assignment problem is converted in minimization problem, the resulting matrix is called matrix.

A. cost
B. regret
C. profit
D. dummy
Answer» C. profit
41.

The method used for solving an assignment problem is called                 method.

A. vam
B. nwcr
C. modi
D. hungarian
Answer» E.
42.

Which of the following considers difference between two least costs for each row and column while finding initial basic feasible solution in transportation?

A. vam
B. nwcr
C. modi
D. lcm
Answer» B. nwcr
43.

If the number of rows and columns in an assignment problem are not equal than it is called problem.

A. balanced
B. unbalanced
C. infeasible
D. unbounded
Answer» C. infeasible
44.

When the allocations of a transportation problem satisfy the rim condition (m + n – 1) the solution is called

A. infeasible solution
B. feasible solution
C. non degenerate solution
D. degenerate solution
Answer» D. degenerate solution
45.

When the total of allocations of a transportation problem match with supply and demand values, the solution is called solution.

A. infeasible solution
B. feasible solution
C. optimum solution
D. degenerate solution
Answer» C. optimum solution
46.

To find initial feasible solution of a transportation problem the method which starts allocation from the lowest cost is called method

A. vogel’s approximat ion method
B. nwcr
C. lcm
D. modi
Answer» D. modi
47.

The variable added to the LHS of a less than or equal to constraint to convert it into equality is called variable.

A. surplus
B. artificial
C. slack
D. additional
Answer» D. additional
48.

In simplex, a minimization problem is optimal when all Delta J, i.e. Cj – Zj values are .

A. either zero or positive
B. either zero or negative
C. only positive
D. only negative
Answer» B. either zero or negative
49.

A resource which is completely utilized is called in simplex

A. null resource
B. scarce resource
C. abundant resource
D. zero resource
Answer» C. abundant resource
50.

The intersection value of key column and key row is called

A. vital element
B. important element
C. basic element
D. key element
Answer» E.