Wednesday, September 24, 2008

Quantitative Techniques - 13

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple Answer
Question Queues are formed at :-
Correct Answer Telephone booths , Bus stand , Traffic lights
Your Answer Bus stand , Traffic lights , Telephone booths

Multiple Choice Multiple Answer
Question Specification of the constraints are :-
Correct Answer Vendors , Available Hours , Space
Your Answer Vendors , Space , Materials

Multiple Choice Single Answer
Question In a pure strategy game, the value of game to player II is
maximin, then for player and the value is :-
Correct Answer Negative minimax
Your Answer Negative maximin

Select The Blank
Question The action of "Only few Customers may join Queue & some
may demand service on their behalf" is called ________
Correct Answer Collusion
Your Answer Collusion

Multiple Choice Single Answer
Question Assignment technique is useful in a situation where :-
Correct Answer Certain number of tasks are required to be attached to equal
number of facilities
Your Answer Certain number of tasks are required to be assigned to one
facility

Select The Blank
Question In waiting line, important characteristic commonly set to study
is ________.
Correct Answer Queue length
Your Answer Mean arrival rate

Select The Blank
Question Identify decision variables is ________ step of Graphical
Method.
Correct Answer First
Your Answer First

True/False
Question If a Linear Programming problem has no solution that
satisfies all constraints, it is said to be feasible.
Correct Answer True
Your Answer False

True/False
Question There is one queue & one server in the service facility is
Single Queue: Single Server.
Correct Answer True
Your Answer True

Multiple Choice Single Answer
Question Saddle point occurs when :-
Correct Answer Maximin = Minimax
Your Answer Maximin > Minimax

Multiple Choice Single Answer
Question Decision Variables are :-
Correct Answer The unknowns to be determined from the solution to the
model
Your Answer The unknowns to be determined from the solution to the
model

Multiple Choice Single Answer
Question Graphical method can deal with :-
Correct Answer Any number of constraints
Your Answer Two constraints

Multiple Choice Multiple Answer
Question Nomenclatures related to Transportation Problem are :-
Correct Answer S , P , W
Your Answer S , P , W

Multiple Choice Multiple Answer
Question In solution of an assignment problem a row with zero costs is
added and all the elements are multiplied by - 1, then the
problem is of nature :-
Correct Answer Unbalance assignment. , Maximization.
Your Answer Prohibited assignments , Unbalance assignment. ,
Maximization.

Select The Blank
Question A________ is a graphic device to depict the sequence of
decision to be made and the possible events that may occur.
Correct Answer Decision tree
Your Answer Decision tree

Select The Blank
Question Terminology for Service Distribution is ________
Correct Answer FCFS or LCFS
Your Answer FIFO or LIFO

Multiple Choice Single Answer
Question Graphical method deals with problem of :-
Correct Answer Both Maximization & Minimization
Your Answer Both Maximization & Minimization

Multiple Choice Single Answer
Question Linear Programming find the quantity of components to be
used at :-
Correct Answer Minimum Cost
Your Answer Minimum Cost

True/False
Question Compute row & column values for stone squares is step for
MODI method.
Correct Answer True
Your Answer True

True/False
Question Risk represent the probability estimate of nonoccurrence of
each outcome.
Correct Answer False
Your Answer False

True/False
Question By application of dominance rule final solution is affected.
Correct Answer False
Your Answer True

Multiple Choice Multiple Answer
Question Different Terms related to Simplex Method are :-
Correct Answer Algorithm , Iteration , Slack variable
Your Answer Algorithm , Minimax , Iteration

Select The Blank
Question Mathematical Model Construction from the given data is
known as ________.
Correct Answer Problem Formulation
Your Answer Problem Formulation

Multiple Choice Multiple Answer
Question Which of the following techniques and models are used to
deal with decision making under certainty?
Correct Answer Linear programming , Sequencing model , Breakeven
Your Answer Linear programming , Sequencing model , Breakeven
analysis

Multiple Choice Single Answer
Question What do you mean by the decisions taken by the top
management as a policy?
Correct Answer Policy decisions
Your Answer Policy decisions

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