Quantitative Techniques - 14

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 Telephone booths , Bus stand , Traffic lights

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 Which of the following is an example of a policy decision?
Correct Answer Increment and promotion policy
Your Answer Increment and promotion policy

Multiple Choice Multiple Answer
Question Basic assumption in a play are :-
Correct Answer Choice of strategy by players is simultaneous , No player
knows choice of his opponent
Your Answer Strategies are always pure , Choice of strategy by players is
simultaneous , Strategies are always mixed

True/False
Question A 2x2 mixed strategy game is solved by algebraic method.
Correct Answer True
Your Answer True

Question When number of tasks and number of facilities are not equal:-
Correct Answer Some tasks may remain unassigned. , Some facilities may
remain idle.
Your Answer Some tasks may remain unassigned. , Some facilities may
remain idle.

Multiple Choice Single Answer
Question A row in the simplex table whose elements represent the
decrease in the value of the objective function if one unit of
jth variables is brought into the solution is :-
Correct Answer Zj row
Your Answer (Zj-Cj) row (or index row)

Select The Blank
Question ________ is an extra row or column in a tableau.
Correct Answer Dummy source or Destination
Your Answer Dummy source or Destination

Multiple Choice Multiple Answer

Question Which of the following are examples of tactical decisions?
Correct Answer Loading and scheduling of jobs , Acceptance or rejection of
excess quantity against delivery schedule , Splitting of raw
material requirement among suppliers
Your Answer Loading and scheduling of jobs , Acceptance or rejection of
excess quantity against delivery schedule , Launching of a
new product

True/False
Question Adaptive decisions involve problems with limited number of
decision variables.
Correct Answer False
Your Answer True

Select The Blank
Question Positive non-zero values variables are called ________.
Correct Answer Basic Variables
Your Answer Basic Variables

Multiple Choice Multiple Answer
Question Terminology NOT related with Linear Programming are :-
Correct Answer Players , Payoff , Payoff Matrics
Your Answer Objective Function

True/False
Question Traffic intensity is product of average arrival rate & average
service rate.
Correct Answer False
Your Answer True

Select The Blank
Question Constraint not affecting the feasible solution is ________.
Correct Answer Redundant Constraint
Your Answer Redundant Constraint

Multiple Choice Single Answer
Question Solution satisfying supply & demand conditions & yet may not
be optimal is :-
Correct Answer An Initial Feasible Solution
Your Answer An Initial Feasible Solution

True/False
Question Value of the subgame related to highest point in the feasible
region is solution for 2xn game.
Correct Answer True
Your Answer True

Multiple Choice Single Answer
Question The slack variables must take :-
Correct Answer Positive Values
Your Answer Both Values

Multiple Choice Multiple Answer
Question Study of Process Capability is not related to :-
Correct Answer Reliability Engineering , Statistical Process Control ,
Correlation & Regression Analysis
Your Answer Reliability Engineering , Statistical Process Control ,
Correlation & Regression Analysis

Match The Following
Question Correct Answer Your Answer
Key Column is The column with the
largest negative index
number
Row at the intersection of
key row & key column
Key row is The row with the smallest
of the replacement ratios
The row with the smallest
of the replacement ratios
Key element is The element at the
intersection of key row &
The element at the
intersection of other than

Multiple Choice Multiple Answer
Question Which of the following are examples of basic decisions?
Correct Answer Product mix , Plant location , Organisation structure
Your Answer Decision on loan application by an employee , Plant location ,
Organisation structure

Select The Blank
Question SOPs provide necessary base to select optimal solution is
known as ________.
Correct Answer Mechanistic Decisions
Your Answer Analytical Decisions

Match The Following
Question Correct Answer Your Answer
Feasible Region Defined by Constraints Optimal Clause of
Corner Points Points of Intersection Satisfy Constraints
Feasible Solution Satisfy Constraints Defined by Constraints
Optimal solution Optimal Clause of Upper Limit

True/False
Question LP problem cannot be solved by graphical or by simplex
method.
Correct Answer False
Your Answer False

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

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
analysis
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

Select The Blank
Question The ________ represents consequences of the interactions
of the decision alternatives and the chance events.
Correct Answer Outcomes
Your Answer Outcomes