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				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. | |