Quantitative Techniques - 16

Match The Following
Question Correct Answer Your Answer
Least Cost Method Procedure of allocating Satisfies supply & demand
Dummy source or Extra row or column in a Extra row or column in a
An Initial Feasible Solution Satisfies supply & demand Mechanism of Operation
North West Corner Method Procedure of allocating Procedure of allocating
Select The Blank
Question Brown's algorithm is used to solve ________2 persons zero game
sum.
Correct Answer m x n
Your Answer m x n
Match The Following
Question Correct Answer Your Answer
MODI Method Water cells to achieve Water cells to achieve
Vogel's Approximation Avoidance of high penalty Avoidance of high penalty
Degeneracy Occupied cells are less Occupied cells are less
Stepping Stone Method Unoccupied cells to Unoccupied cells to
True/False
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Question Smallest element in each row is subtracted from each element in
the column.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question Terminologies of Graphical Method are :-
Correct Answer Constraints , Graph of linear equality/inequality , Half Space
Your Answer Constraints , Graph of linear equality/inequality , Half Space ,
Payoff
Multiple Choice Single Answer
Question Feasible Region is :-
Correct Answer Region defined by the Constraints & non-negative restrictions
Your Answer Region defined by the Constraints & non-negative restrictions
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
True/False
Question Allocations are independent when it is not possible to alter any
individual allocations.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Participants of the game are :-
Correct Answer Players , Decision maker
Your Answer Players , Decision maker , Payoffs , Elements
True/False
Question A game in which algebraic sum of gains of both the players after
the play is not zero is called two person non zero sum game.
Correct Answer True
Your Answer True
Select The Blank
Question A mixed strategy 2 x 2 game is solved by ________method.
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Correct Answer Algebraic
Your Answer Linear programming
True/False
Question Infeasibility is the condition in which the Linear Programming
problem permits no feasible combination of the decision variables.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Every combination of strategies of players determines an
outcomes called :-
Correct Answer Pay off
Your Answer Pay off
True/False
Question Value of game to player II is negative of minimax value.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question In a standard minimization problem, objective is to :-
Correct Answer Minimize total time. , Minimize total cost.
Your Answer Minimize total time. , Minimize total cost. , Find alternative optimal
solution. , Allocate each task to each facility.
Multiple Choice Multiple Answer
Question Objects too can form queues as :-
Correct Answer Semi-finished job await next operation , Broken down to be
repaired , Blunt tools awaiting to be reground
Your Answer Semi-finished job await next operation , Broken down to be
repaired , Blunt tools awaiting to be reground , Finance
Select The Blank
Question The ________ is a method for deciding how to meet some
desired objective which may be profit maximisation or cost
minimization, subject to constraints on the amounts of
commodities required or resources available.
Correct Answer Linear programming
Your Answer Linear programming
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Question Feasible solution formula contains :-
Correct Answer m, n, 1 , m, n, 3 , n, 1, x
Your Answer m, n, 1 , m, n, 3 , n, 1, x , m, 1, p
Select The Blank
Question Team approach needs for optimal solution of ________
Decisions.
Correct Answer Adaptive
Your Answer Adaptive
Multiple Choice Single Answer
Question Transportation Tableau is :-
Correct Answer Tabular arrangement of data on demand, capacity & per unit
shipping costs bet. supply point to destination
Your Answer Tabular arrangement of data on demand, capacity & per unit
shipping costs bet. supply point to destination
Multiple Choice Multiple Answer
Question Which of the following elements are used to construct the pay off
matrix?
Correct Answer Pay off , strategies , Probabilities
Your Answer Pay off , strategies , Decision tree , Probabilities
Multiple Choice Multiple Answer
Question Resource Management involves
Correct Answer Man , Machines , Materials
Your Answer Man , Machines , Materials , Work Orders
Multiple Choice Single Answer
Question Last Step of Graphical Method of LP is :-
Correct Answer Calculate the total profit / loss
Your Answer Calculate the total profit / loss
True/False
Question Effective improvement over the initial feasible solution is included
in MODI.
Correct Answer True
Your Answer True
True/False
Question Risk represent the probability estimate of nonoccurrence of each
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outcome.
Correct Answer False
Your Answer False
Select The Blank
Question A game in which more than 2 strategies are available to both
players is called ________ game.
Correct Answer m x n
Your Answer m x 2
True/False
Question Surplus variable is a variable used to convert a Less than or equal
to constraint into equality by subtracting it from left hand side of
the constraint.
Correct Answer False
Your Answer True
Multiple Choice Single Answer
Question Extra row or column in tableau, with zero cost in each of its cells,
used to balance an unbalanced problem is :-
Correct Answer Dummy source or Destination
Your Answer Dummy source or Destination
Multiple Choice Multiple Answer
Question Games theory can solve :-
Correct Answer Two person's game , Two persons zero sum game , Two persons
3 x 3 game
Your Answer Two person's game , N Person's game , Two persons zero sum
game , Two persons 3 x 3 game
True/False
Question Resulting payoff of optional strategies is called outcome.
Correct Answer False
Your Answer True
Select The Blank
Question A row with higher elements is called ________ row.
Correct Answer Dominating
Your Answer Major
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Question Constraint not affecting the feasible solution is ________.
Correct Answer Redundant Constraint
Your Answer Redundant Constraint
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 Multiple Answer
Question Special cases on simplex method are :-
Correct Answer Multiple Optimal Solution , Unbounded Solution , Infeasible
Solution
Your Answer Multiple Optimal Solution , Unbounded Solution , Infeasible
Solution , Payoffs
Select The Blank
Question The ________ represents consequences of the interactions of the
decision alternatives and the chance events.
Correct Answer Outcomes
Your Answer Outcomes
Select The Blank
Question Number of customers in the queue plus those being serviced is
________.
Correct Answer System Length
Your Answer System Length
Multiple Choice Single Answer
Question Sequence of steps performed in moving from one basic feasible
solution to another basic feasible solution is :-
Correct Answer Iteration
Your Answer Iteration
Multiple Choice Multiple Answer
Question Terms related to LCM are :-
Correct Answer Initial feasible solution , Lowest Cost Cells , Next Lowest & so on
Your Answer Initial feasible solution , Lowest Cost Cells , Next Lowest & so on ,
Finance Distribution
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Question Value of game equals :-
Correct Answer Saddle points , Weighted average of possible outcomes
Your Answer Saddle points , Weighted average of possible outcomes , Zero ,
Value of any sum game
Multiple Choice Single Answer
Question Expected gain to a player I he and his opponent use their best
strategies is known as :-
Correct Answer Value of game
Your Answer Optimal strategy
Multiple Choice Multiple Answer
Question Procedural steps in LCM are :-
Correct Answer Scrutinize transport costs , Allocation as per supply & demand ,
Delete the row or column
Your Answer Scrutinize transport costs , Allocation as per supply & demand ,
Delete the row or column , Prepare a Methodological report
Multiple Choice Single Answer
Question A mixed strategy is decision of player to select :-
Correct Answer Different strategies
Your Answer Different strategies
Select The Blank
Question Comparable Past Event & Forecasting Future Events Study is
called ________
Correct Answer Probability Theory
Your Answer Probability Theory
Multiple Choice Single Answer
Question Vogel's Approximation Method (VAM) is :-
Correct Answer A systematic procedure to obtain an initial feasible solution based
on avoidance of high penalty & cost cell
Your Answer A systematic procedure to obtain an initial feasible solution based
on avoidance of high penalty & cost cell
Multiple Choice Single Answer
Question There are more than one optimal solutions to an assignment
problem when :-
Correct Answer Number of independent zeros are more than required ones.
Your Answer Number of minimum lines covering all zeros are more than
number of rows/columns
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Question In an unbalanced assignment problem :-
Correct Answer One or more facilities remain idle.
Your Answer One or more facilities remain idle.
Multiple Choice Single Answer
Question The column with the largest negative index number is :-
Correct Answer Key Column
Your Answer Key Column