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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.
| 51. |
The incoming variable column in the simplex algorithm is called . |
| A. | key column |
| B. | incoming column |
| C. | important column |
| D. | variable column |
| Answer» B. incoming column | |
| 52. |
In linear programming, unbounded solution means solution. |
| A. | infeasible |
| B. | infinite |
| C. | unique |
| D. | degenerate |
| Answer» C. unique | |
| 53. |
In case of a ‘ ’ constraint, the feasible region is a straight line. |
| A. | less than or equal to |
| B. | greater than or equal to |
| C. | mixed |
| D. | equal to |
| Answer» E. | |
| 54. |
When it is not possible to find solution in LPP, it is called as                        solution |
| A. | infeasible |
| B. | unbounded |
| C. | improper |
| D. | unknown |
| Answer» B. unbounded | |
| 55. |
                  _are the restrictions or limitations imposed on the LPP. |
| A. | objective function |
| B. | variables |
| C. | constraints |
| D. | profit |
| Answer» D. profit | |
| 56. |
               specifies the objective or goal of solving the LPP. |
| A. | objective function |
| B. | decision variables |
| C. | constraints |
| D. | opportunity cost |
| Answer» B. decision variables | |
| 57. |
               are the entities whose values are to be determined from the solution of the LPP. |
| A. | objective function |
| B. | decision variables |
| C. | constraints |
| D. | opportunity cost |
| Answer» C. constraints | |
| 58. |
                  and are techniques applied in project management. |
| A. | cpm and pert |
| B. | assignment & transportation |
| C. | game theory |
| D. | decision theory & inventory models |
| Answer» B. assignment & transportation | |
| 59. |
Operations Research Models in which some or all variables are random in nature are called models. |
| A. | physical |
| B. | symbolic |
| C. | deterministic |
| D. | probabilistic |
| Answer» E. | |
| 60. |
Operations Research Models in which values of all variables and all possible outcomes are known with certainty are called models. |
| A. | physical |
| B. | symbolic |
| C. | deterministic |
| D. | probabilistic |
| Answer» D. probabilistic | |