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## Sunday, April 13, 2008

### Quantitative Techniques - 7

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The Blank
Question
LP decide on product quantities to maximize profit is ________.
Product Mix Problems
Product Mix Problems

Question
Which are the typical areas of application of forecasting?

Question
Which of the following technique is used to deal with the decision making under certainty?
Assignment model
Assignment model

Question
Selection of random samples from a tot & inspection of the same is called :-
Acceptance Sampling
Acceptance Sampling

True/False
Question
Graphical method is restricted to two variables.
True
True

Question
Words related to LCM are :-
Least , Method , Cost
Least , Method , Cost

Select The Blank
Question
In a maximization problem when each element is subtracted from largest element, the resultant matrix indicates ________.
Opportunity loss
Reduced matrix

Question
Transportation Tableau is a Data on :-
Demand , Capacity , Unit Shipping Cost
Demand , Capacity , Unit Shipping Cost

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

Select The Blank
Question
________ is called Stepping Stone Method.
Unoccupied cells to achieve solution
Water cells to achieve solution

Select The Blank
Question
Finding out the quantity of components to be used at ________.
Minimum Cost
Minimum Cost

Question
What is the application of quantitative techniques in maintenance management?
To decide optimum stocking policies of spares , Predict useful life of parts , To decide optimum replacement policy of parts
To decide optimum stocking policies of spares , Predict useful life of parts , To decide optimum replacement policy of parts

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

Select The Blank
Question
Definition of Dummy source is ________.
Extra row or column in tableau, with zero cost in each of its cells, used to balance an unbalanced problem
Extra row or column in tableau, with zero cost in each of its cells, used to balance an unbalanced problem

Question
A row in the simplex table which contains the co-efficient of the variables in the objective function is :-
Cj row
Cj row

Question
Special cases on simplex method are :-
Multiple Optimal Solution , Unbounded Solution , Infeasible Solution
Multiple Optimal Solution , Unbounded Solution , Infeasible Solution

Match The Following
Question
Multiply each element of maximization problem by.
-1
-1
When number of lines covering all zeros equals no of rows/columns, number of optimal solutions are.
1
Number of rows.
Cost at prohibited assignments
¥
¥
Cost of dummy row/column.
0
0

Question
Which are applications of quantitative techniques in financial management?
To develop capital investment plans , Interpretation of financial statements , To determine optimum equipment replacement policies
Interpretation of financial statements , To determine optimum equipment replacement policies , To develop capital investment plans

True/False
Question
After application dominance rule the game is of size 2x3, it is solved by sub-game method.
True
False

True/False
Question
Under Single Queue, Multiple Servers (Series), there is one queue but several servers in the service facility.
True
True

Question
Vogel's Approximation Method (VAM) is :-
A systematic procedure to obtain an initial feasible solution based on avoidance of high penalty & cost cell
A systematic procedure to obtain an initial feasible solution based on avoidance of high penalty & cost cell

Match The Following
Question
Feasible Region
Defined by Constraints
Defined by Constraints
Constraint
Upper or Lower Limit
Upper or Lower Limit
Graph
Straight Line
Straight Line
Half Space
Same Side of Line
Same Side of Line

True/False
Question
Constraint that does not affect the feasible solution is Redundant.
True
True

Question
Which are the typical areas of application of probability theory?
Market research , Inventory control , Price movements
Market research , Inventory control , Price movements

Select The Blank
Question
Representation of Mean Time between consecutive arrivals is done by ________.
Inverse of Lambda
Inverse of Lambda

Question
What is MODI Method?
A systematic procedure for evaluating unoccupied (water) cells to achieve an optimal solution
A systematic procedure for evaluating unoccupied (water) cells to achieve an optimal solution

Question
Which are different criterias used to classify the managerial decisions?
Effect of decision on future course of action , Amount involved , Level at which decisions are taken
Effect of decision on future course of action , Amount involved , Level at which decisions are taken

True/False
Question
Each allocation assigned to a square is called stone.
True
True

Question
Which criteria is used to divide the managerial decisions into policy decisions and operating decisions?
Level at which decisions are taken
Level at which decisions are taken

True/False
Question
Smallest element in each row is subtracted from each element in the column.
False
False

Question
Tabular arrangement of data on demand, capacity & per unit shipping costs between supply point to destination is :-
Transportation Tableau
Transportation Tableau

Question
Procedural steps in Transportation problem are :-
Set up transportation tableau , Establish an initial solution , Examine initial solution for feasibility
Set up transportation tableau , Establish an initial solution , Examine initial solution for feasibility

True/False
Question
Effective improvement over the initial feasible solution is included in MODI.
True
True

Question
Maximin = Minimax
Maximin = Minimax

Question
Different Terms related to Simplex Method are :-
Algorithm , Iteration , Slack variable
Algorithm , Iteration , Slack variable

Select The Blank
Question
Management Science & ORT provide computational techniques to select optimal solution is called as ________.
Analytical Decisions
Analytical Decisions

Question
A Graph is :-
Two-variable-linear-equation is always a Straight Line
Two-variable-linear-equation is always a Straight Line

Question
For a 4X4 assignment problem number of possible solutions are :-
24
24

Question
In VAM, M stands for :-
Method
Method

True/False
Question
When number of zeros in final assignment matrix are more than required ones, the problem has alternative optimal solution.
True
True

Question
Alternative Optimal Solution is :-
Point that gives same optimal value
Point that gives same optimal value

Question
Queues are formed at :-
Bus stand , Traffic lights , Telephone booths
Bus stand , Traffic lights , Telephone booths

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

Select The Blank
Question
Unbounded Solution is one which is ________.
Permitted to be infinitely large
Permitted to be infinitely large

Select The Blank
Question
Team approach needs for optimal solution of ________ Decisions.

Question
Game can have :-
Mixed strategies , Pure strategies
Mixed strategies , Pure strategies

True/False
Question
Degeneracy is not the condition when there is a tie for replacement ratios for choosing the departing variable.
False
False

### Quantitative Techniques - 6

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/False
Question
Constraint that does not affect the feasible solution is Redundant.
True
True

Question
Only few customers may join Queue & some of them may demand service on their behalf, This action is called :-
Collusion
Collusion

True/False
Question
When number of zeros in final assignment matrix are more than required ones, the problem has alternative optimal solution.
True
True

True/False
Question
Resulting payoff of optional strategies is called outcome.
False
True

Question
Determination of Least Cost Route of Transportation of Goods from one plant to different warehouses is called :-
Transportation Model
Transportation Model

Select The Blank
Question
LP is most popular techniques of ________.
Operation Research
Operation Research

Question
What do you mean by the decisions taken by the top management as a policy?
Policy decisions
Policy decisions

Question
In an assignment problem a machine is not capable of performing a job & number machines are one less than number of jobs, then the problem is :-
Unbalanced assignment problem. , Prohibited assignment problem. , Minimization problem.
Maximization problems. , Unbalanced assignment problem. , Prohibited assignment problem.

Question
In LCM, L stands for :-
Least
Least

Select The Blank
Question
________ is a Method to find feasible solution.
NCWM
NWCM

Question
In LCM, C stands for :-
Cost
Cost

Select The Blank
Question
Equation of constraints & ________ sets up Simplex method.
Objective Function
Objective Function

Question
In VAM, V stands for :-
Vogel
Vogel

Question
If a mixed strategy game is and 2 x n size then the first step to solve the game is to:-
Reduce game by dominance rule

Question
Which of the following criteria is used to classify the managerial decisions into programmed and non-programmed decisions?
Extent of judgment involved
Extent of judgment involved

Select The Blank
Question
Graphical method is used to solve problems involving ________ unknowns.
Two
Two

Match The Following
Question
Decision making under uncertainty
Uncertain situations
Uncertain situations
Decision making under certainty
Deterministic models
Deterministic models
Decision making under conflict
Competitive strategies
Competitive strategies
Decision making under risk
Stochastic models
Stochastic models

Question
In an assignment problem optimal solution is obtained when number of minimum lines covering all zeros :-
Equals number of rows/columns
Equals number of rows/columns

Question
What do you mean by the decisions based on operating procedures evolved in the past for handling problems at the appropriate level?
Programmed decisions
Programmed decisions

Select The Blank
Question
Value of decision variables having either zero or positive is ________.
Non-negativity restrictions
Non-negativity restrictions

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.
False
False

True/False
Question
Analytical decisions involve problems with limited number of decision variables.
False
False

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

Question
Which of the following is an example of a policy decision?
Increment and promotion policy
Increment and promotion policy

Select The Blank
Question
Representation of Mean Time between consecutive arrivals is done by ________.
Inverse of Lambda
Inverse of Lambda

True/False
Question
Quantitative techniques consider tangible as well as intangible factors.
False
False

Question
What is an Initial Feasible Solution?
Solution satisfying supply & demand conditions & yet may not be optimal
A systematic procedure to obtain an initial feasible solution allocating units to the cells of the transportation table beginning in the upper left hand corner

Question
What do you mean by the decisions taken by the lower levels of management as an outcome of policy decision?
Operating decision
Operating decision

Select The Blank
Question
In North West Corner Method, the ________ is handled
Procedure of allocating units to cells
Procedure of allocating units to cells

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.
Decision tree
Decision tree

Question
Elements of Queuing System are :-
Single Server , Multiple Servers (Series) , Multiple Servers (Parallel)
Single Server , Multiple Servers (Series) , Multiple Servers (Parallel)

Question
Feasible Solution is :-
Pair of Values (x,y) of the decision variables that satisfy constraints
Pair of Values (x,y) of the decision variables that satisfy constraints

Question
Procedural steps in Transportation problem are :-
Set up transportation tableau , Establish an initial solution , Examine initial solution for feasibility
Set up transportation tableau , Establish an initial solution , Examine initial solution for feasibility

Question
Simplex method is used to solve problems which involve :-
One or more Unknowns
Three or more Unknowns

Question
Participants of the game are :-
Players , Decision maker
Players , Decision maker

Question
How many different basic models are used to classify the decision theory on the basis of ability to predict the consequences of each alternative?
Four
Four

True/False
Question
MODI Method is to evaluate water cells to achieve an optimal solution.
True
True

True/False
Question
Every constraint in a LP problem defines a certain portion of the boundary of the solution region.
True
True

Select The Blank
Question
A row with lower elements is called ________ row.
Dominated
Dominated

Question
Rules concerning Objective Function are :-
Must contain all variables in the constraints , Coefficient of slack variables are assumed to be zero , Coefficient of artificial variables are taken as -- M
Must contain all variables in the constraints , Coefficient of slack variables are assumed to be zero , Coefficient of artificial variables are taken as -- M

Question
Procedural steps in VAM are :-
Calculation of difference bet 2 element , Selection of row or column , Allocation of number of units
Calculation of difference bet 2 element , Selection of row or column , Allocation of number of units

Question
Queue Characteristics are :-
Input distribution , Output distribution , Service discipline
Input distribution , Output distribution , Service discipline

Question
In LCM, M stands for :-
Method
Method

Match The Following
Question
Transportation Tableau
Data on shipping costs
Data on shipping costs
Transportation Problem
Transportation of goods or services
Transportation of goods or services
Balanced Transportation Problem
Supply points equals total demand
Supply points equals total demand
Un-balanced Transportation Problem
Supply points does not equal demand
Supply points does not equal demand

True/False
Question
In pure strategy game players stray with any one strategy throughout the game.
False
True

Select The Blank
Question
Situation in which the LP problem permits feasible combination of the decision variables is called as ________.
Infeasibility
Infeasibility

Question
What is the basic criteria to classify the managerial decisions into basic and routine decisions?
Frequency of occurrence of the problem
Frequency of occurrence of the problem

### Quantitative Techniques - 5

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/False
Question
A two person game offering 2 strategies to each player is called 2x2 game.
True
True

Question
Simplex method sets up equation of constraints & :-
Objective Function
Objective Function

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

Select The Blank
Question
The ________ are the points from which decision alternatives emerges branches of the tree.
Decision modes
Decision modes

Question
Mixed strategy game is solved using :-
Probability
Probability

Question
Linear Programming select the shortest route for a salesman starting from a given city, visiting each city & then return back is called as :-
Traveling Salesman Problems
Traveling Salesman Problems

Question
Terms relating to LP are :-
Constraints , Objective Function , Non-Negativity Condition
Constraints , Objective Function , Non-Negativity Condition

Select The Blank
Question
The ________ aims to achieve orderly flow of batches of a product at a sequence of unconnected work.
Line of balance
Line of balance

Select The Blank
Question
Management Science & ORT provide computational techniques to select optimal solution is called as ________.
Analytical Decisions
Analytical Decisions

Question
Terminologies of Decision Tree are :-
Event nodes , Branches of Tree , Decision nodes
Outcomes & Risk , Event nodes , Branches of Tree , Decision nodes

True/False
Question
To construct a pay off matrix the corresponding probabilities of decision alternatives are placed column head wise.
True
False

Question
Resource Management involves :-
Man , Machines , Materials
Man , Machines , Materials

Question
Following concepts are not considered in Linear Programming :-
Maximum , Minimax , Saddle Point
Maximum , Minimax , Saddle Point

Question
Point of intersection of pure strategies is called :-

Question
How do the quantitative techniques help a decision maker in three ways?
Aid decision making , Automate decision making and reduce it to a routine affair , Guide decision making
Guide decision making , Aid decision making , Automate decision making and reduce it to a routine affair

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

True/False
Question
The decision nodes are depicted by circles.
False
False

Question
A systematic procedure to obtain an initial feasible solution based on avoidance of high penalty & cost cell is :-
Vogel's Approximation Method (VAM)
Vogel's Approximation Method (VAM)

Question
Steps involved to solve a 3 x 3 pure strategy game is :-
Constrict payoff matrix , Check for preschee of saddle point
Constrict payoff matrix , Check for preschee of saddle point

Select The Blank
Question
Dummy source has ________ cost.
Zero
Zero

Match The Following
Question
Feasible Region
Defined by Constraints
Defined by Constraints
Constraint
Upper or Lower Limit
Upper or Lower Limit
Graph
Straight Line
Straight Line
Half Space
Same Side of Line
Same Side of Line

Select The Blank
Question
The ________ is concerned with situations of conflicts between two or more opposed sets of interests to devise optimum strategies prior to commencement of action.
Games theory
Games theory

True/False
Question
Quantitative techniques are usually associated with high costs.
True
True

True/False
Question
Column with the highest negative index number is called a Key Column.
True
True

Question
The Optimum Balance may be arrived at either by :-
Introducing more facilities at extra cost , Displacing less efficient service facilities by more efficient ones , Changing the pattern of the arrival of customers for service
Introducing more facilities at extra cost , Displacing less efficient service facilities by more efficient ones , Changing the pattern of the arrival of customers for service

Select The Blank
Question
In a maximization problem when each element is subtracted from largest element, the resultant matrix indicates ________.
Opportunity loss
Opportunity loss

Question
Solution satisfying supply & demand conditions & yet may not be optimal is :-
An Initial Feasible Solution
An Initial Feasible Solution

Question
Terminologies of simplex method are :-
Cj row , Zj row , (Zj-Cj) row
Cj row , Zj row , (Zj-Cj) row

Question
Basic Elements of Queuing System are :-
Input process , Waiting line , Service discipline
Input process , Waiting line , Service discipline

Select The Blank
Question
Comparable Past Event & Forecasting Future Events Study is called ________
Probability Theory
Probability Theory

Question
Maximization problem appears when :-
Profit has to be maximized
Assignment matrix is having 'm' rows and 'n' columns

Question
Optimal Solution is :-
That point or points in the feasible region that gives the optimal values of the objective function
That point or points in the feasible region that gives the optimal values of the objective function

True/False
Question
Personal decisions can affect the organisation and organisational decisions can affect the person.
True
True

True/False
Question
Value of game to player II is negative of minimax value.
False
False

Select The Blank
Question
A column with higher elements is called ________columns.
Dominated
Dominating

Question
A row in the simplex table which contains the co-efficient of the variables in the objective function is :-
Cj row
Cj row

Question
Special cases on simplex method are :-
Multiple Optimal Solution , Unbounded Solution , Infeasible Solution
Multiple Optimal Solution , Unbounded Solution , Infeasible Solution

Question
Set of basic variables which are not restricted to equal zero in the current basic solution & listed in the solution column is :-
Basis
Basis

Question
The row with smallest replacement ratios of the constraint rows is known as :-
Key row
Key row

True/False
Question
Under Single Queue, Multiple Servers (Parallel), there is one queue but more servers in the service facility are placed in a Series arrangements.
False
False

Select The Blank
Question
When both the players play their optimal strategies the resulting payoff is called ________of game.
Value
Optimal Strategies

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

Question
Constraints in traveling salesman problem are :-
Salesman should not visit the city twice. , No assignment can be made along diagonal.
Salesman should not visit the city twice. , No assignment can be made along diagonal.

Match The Following
Question
An algorithm for solving LP problems which starts with zero solution
Simplex Method
Simplex Method
In Simplex method, the point of maximum must lie at
One of corner point
One of corner point
The variables with positive zero values are called
Non-basic Variables
Non-basic Variables
A formalized systematic procedure for solving problems is
Algorithm Concept
Algorithm Concept

Select The Blank
Question
LP can be defined as ________.
dealing with problems of in which the objective function, as well as constraints, can be expressed as linear mathematical function
dealing with problems of in which the objective function, as well as constraints, can be expressed as linear mathematical function

Question
In VAM, A stands for :-
Approximation
Approximation

Select The Blank
Question
Pair of values (x,y) of decision variables that satisfy constraints is ________
Feasible Solution
Feasible Solution

### Quantitative Techniques - 4

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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

True/False
Question
Smallest element in each row is subtracted from each element in the column.
False
False

Question
Terminologies of Graphical Method are :-
Constraints , Graph of linear equality/inequality , Half Space
Constraints , Graph of linear equality/inequality , Half Space

Match The Following
Question
Principle of insufficient reason
Laplace criteria
Hurwicz criteria
Dismal pessimism
Maximin criteria
Optimal criteria
Fantastic optimism
Maximax criteria
Laplace criteria
Midway approach considering coefficient of optimism
Hurwicz criteria
Maximin criteria

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

Select The Blank
Question
A game in which more than 2 strategies are available to both players is called ________ game.
m x n
m x n

Select The Blank
Question
LP establish optimal allocation of tasks to facilities is ________
Assignment Problems
Assignment Problems

True/False
Question
To construct a pay off matrix the decision alternatives are placed column head wise.
False
False

Select The Blank
Question
Transportation Tableau gives ________.
Data on shipping costs
Data on shipping costs

Question
Disadvantage of Graphical Method is :-
Restricted to two variables
Restricted to two variables

Question
Value of the pure strategy game is :-
Maximin for player I , Negative minimax for player II
Maximin for player I , Minimax for player II

Select The Blank
Question
Situation in which the LP problem permits feasible combination of the decision variables is called as ________.
Infeasibility
Degeneracy

Question
What is expected to be established when facts are analysed after collection of data in the decision making process?
Qualitative considerations to take overall view of business , The length of time to which the decision should apply , Effect of decision on other functional areas
Qualitative considerations to take overall view of business , To check the authenticity of facts , Effect of decision on other functional areas

Question
In a pure strategy game, the value of game to player II is maximin, then for player and the value is :-
Negative minimax
Negative minimax

Question
Linear Programming allocate order quantities of an item among different Suppliers is called as :-
Assignment Problems
Transportation Problems

Question
Terms related to VAM are :-
Initial feasible solution , High Penalty cost , High cost cells
High cost cells , Initial feasible solution , High Penalty cost

Question
What is Degeneracy?
Feasible solution is said to degenerate if the number of occupied cells (called stones square) are less than (m+n-1)
Feasible solution is said to degenerate if the number of occupied cells (called stones square) are less than (m+n-1)

Question
Terms related to LCM are :-
Lowest Cost Cells , Next Lowest & so on , Initial feasible solution
Initial feasible solution , Lowest Cost Cells , Next Lowest & so on

Question
A row in the simplex table whose elements represent net contribution loss per unit if one unit of jth variables is brought into the solution is :-
(Zj-Cj) row (or index row)
(Zj-Cj) row (or index row)

Select The Blank
Question
Unbounded Solution is one which is ________.
Permitted to be infinitely large
Which does not define the boundaries of the feasible solution

True/False
Question
Under Single Queue, Multiple Servers (Parallel), there is one queue but more servers in the service facility are placed in a Series arrangements.
False
False

Select The Blank
Question
A mixed strategy 2 x 2 game is solved by ________method.
Algebraic
Sub game

Select The Blank
Question
The ________ aims to achieve orderly flow of batches of a product at a sequence of unconnected work.
Line of balance
Line of balance

Question
Terms related to NWCM are :-
Initial feasible solution , Allocation of units , Upper left hand corner
Initial feasible solution , Allocation of units , Upper left hand corner

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

Question
Advantage of Graphical Method is :-
Simple to understand & easy to use
Simple to understand & easy to use

Question
In a pure strategy game, probability of selection of his optimal strategy by a player is :-
1
1

True/False
Question
A two person game offering 2 strategies to each player is called 2x2 game.
True
True

Question
Point of intersection of pure strategies is called :-
Payoff , Value , Saddle point

Question
A systematic procedure for evaluating unoccupied cells for optimal solution is :-
Stepping Stone Method
MODI Method

Select The Blank
Question
Another name of Un-occupied Cells is ________.
Water Cells
Stepping Stone

Match The Following
Question
The outcomes of each decision alternative are not predictable
The outcomes of each decision alternative are not predictable
Mechanistic decisions
The outcomes of each decision alternative are known
The outcomes of each decision alternative are known
Analytical decisions
The outcomes of each decision alternative can be computed
The outcomes of each decision alternative can be computed
Judgmental decisions
The outcomes of each decision alternative is unknown
The outcomes of each decision alternative is unknown

Question
Terms related to NCWM, VAM & LCM are :-
Allocation of units , Upper left hand corner , High Penalty cost
Allocation of units , Upper left hand corner , High Penalty cost

Question
Set of basic variables which are not restricted to equal zero in the current basic solution & listed in the solution column is :-
Basis
Simplex Method

True/False
Question
Problem Formulation involves construction of a mathematical model from the given data.
True
True

True/False
Question
Transportation tableau construction is to present the information in the form of transportation tableau.
True
True

Question
Linear Programming decide least-cost-route of units from different plants to different warehouses is called as :-
Transportation Problems
Transportation Problems

True/False
Question
Allocations are independent when it is not possible to alter any individual allocations.
True
True

Question
Words related to LCM are :-
Least , Method , Cost
Least , Method , Cost

Question
Which technique replaces the age old intuitive and subjective approach of decision making by an analytical and an objective approach?
Quantitative technique
Quantitative technique

Question
Set of Management & Engineering techniques related to failure risk relates to :-
Reliability Engineering , Statistical Process Control , Correlation & Regression Analysis
Reliability Engineering , Statistical Process Control

Question
Un-balanced Transportation Problem is :-
Transportation problem in which total capacity at supply point doesn't equal the total demand at the destinations
Transportation problem in which total capacity at supply point doesn't equal the total demand at the destinations

Select The Blank
Question
LP decide on product quantities to maximize profit is ________.
Product Mix Problems
Product Mix Problems

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

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.
False
False

Question
To solve an unbalanced assignment problem :-
Dummy row(s) with zero costs is / are added. , Dummy column(s) with zero costs is / are added.
Dummy row(s) with zero costs is / are added. , Dummy column(s) with zero costs is / are added.

True/False
Question
Testing old tableau for improvement potential is a step for MODI method.
False
True

### Quantitative Techniques - 3

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Question
A mixed strategy is decision of player to select :-
Different strategies
Different strategies

Question
How many different basic models are used to classify the decision theory on the basis of ability to predict the consequences of each alternative?
Four
Four

Question
How do the quantitative techniques help a decision maker in three ways?
Aid decision making , Automate decision making and reduce it to a routine affair , Guide decision making
Aid decision making , Automate decision making and reduce it to a routine affair , Guide decision making

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.
True
True

True/False
Question
To construct a pay off matrix the decision alternatives are placed column head wise.
False
False

Question
The simplex method though is an algebraic procedure but it is based on :-
Geometrical Concept
Geometrical Concept

Question
Which of the following is not a statistical technique?
Critical path analysis
Critical path analysis

Question
Rules concerning Objective Function are :-
Must contain all variables in the constraints , Coefficient of slack variables are assumed to be zero , Coefficient of artificial variables are taken as -- M
Must contain all variables in the constraints , Negativity restrictions

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

Match The Following
Question
Intersecting element is
The element at the intersection of other than key key row & key column
The element at the intersection of other than key key row & key column
Key Column is
The column with the largest negative index number
The column with the largest negative index number
Key row is
The row with the smallest of the replacement ratios of the constraint rows
The row with the smallest of the replacement ratios of the constraint rows
Key element is
The element at the intersection of key row & key column
The element at the intersection of key row & key column

Question
Constraints in traveling salesman problem are :-
Salesman should not visit the city twice. , No assignment can be made along diagonal.
Salesman should not visit the city twice. , No assignment can be made along diagonal.

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.
Linear programming
Linear programming

Select The Blank
Question
Smallest replacement ratios row of the constraint rows is ________.
Key row
Key row

Question
Terms related to NCWM, VAM & LCM are :-
Allocation of units , Upper left hand corner , High Penalty cost
Allocation of units , Upper left hand corner , High Penalty cost

Question
Which technique replaces the age old intuitive and subjective approach of decision making by an analytical and an objective approach?
Quantitative technique
Quantitative technique

Select The Blank
Question
LP is one of the most popular techniques of ________.
Operation Research
Operation Research

Question
The variables with positive non-zero values are called :-
Basic Variables
Basic Variables

Select The Blank
Question
Managerial decisions can be classified on basis of frequency of occurrence of problem as basic decisions and ________.
Routine decisions
Routine decisions

Question
Terms relating to LP are :-
Constraints , Objective Function , Non-Negativity Condition
Constraints , Objective Function , Non-Negativity Condition

Question
Expected gain to a player I he and his opponent use their best strategies is known as :-
Value of game
Value of game

Question
Terminologies of simplex method are :-
Key Row , Key Column , Key Element
Key Row , Key Column , Key Element

Select The Blank
Question
The ________ is concerned with situations of conflicts between two or more opposed sets of interests to devise optimum strategies prior to commencement of action.
Games theory
Games theory

True/False
Question
Quantitative techniques are usually associated with high costs.
True
True

Question
Last Step of Graphical Method of LP is :-
Calculate the total profit / loss
Calculate the total profit / loss

True/False
Question
Mechanistic decisions involve problems with limited number of decision variables.
True
True

Question
Terms related to VAM are :-
Initial feasible solution , High Penalty cost , High cost cells
Initial feasible solution , High Penalty cost , High cost cells

Question
Study of Process Capability is not related to :-
Reliability Engineering , Statistical Process Control , Correlation & Regression Analysis
Reliability Engineering , Correlation & Regression Analysis , Probability Theory

Question
Queue Characteristics are :-
Input distribution , Output distribution , Service discipline
Service discipline , Single queue: Multiple server (Series)

Question
A customer may keep on switching from one Queue to another due to more service counters. This tendency is called :-
Jockeying
Jockeying

True/False
Question
A two person game offering 2 strategies to each player is called 2x2 game.
True
True

Question
Elements of Queuing System are :-
Single Server , Multiple Servers (Series) , Multiple Servers (Parallel)
Single Server , Multiple Servers (Series) , Multiple Servers (Parallel)

Select The Blank
Question
The ________ are those in which the outcome of the first decision affects the desirability of the choices at the next decision.
Multi stage decisions
Multi stage decisions

Question
Graphical method is restricted to :-
Two Variables
Two Variables

True/False
Question
Check for improvement potential is a procedural step for MODI method.
True
True

Select The Blank
Question
A game in which gain of person is loss of the other player is called ________ game.
Zero sum
Zero sum

Select The Blank
Question
A ________ is an aid to decision making under risk, especially in a situation where the decision maker must make a sequence of decisions.
Decision tree
Payoff matrix

Question
Maximum element among the minimum elements selected for each raw is called :-
Maximum
Maximum

True/False
Question
Quantitative techniques consider tangible as well as intangible factors.
False
False

Select The Blank
Question
Minimax value sets ________ limit on game.
Upper
Upper

Select The Blank
Question
The ________ aims to achieve orderly flow of batches of a product at a sequence of unconnected work.
Line of balance
Line of balance

Question
Balanced Transportation Problem is :-
Supply points equals total demand
Supply points equals total demand

Match The Following
Question
Procedure of allocating units to cost
Least Cost Method
Least Cost Method
Extra row or column in a tableau
Dummy source or Destination
Dummy source or Destination
Satisfies supply & demand conditions
An Initial Feasible Solution
An Initial Feasible Solution
Procedure of allocating units to cells
North West Corner Method
North West Corner Method

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

Question
A customer may join the Queue, wait upto certain time & then leave the Queue without getting service. This action is called :-
Reneging
Reneging

True/False
Question
Infeasibility is the condition in which the Linear Programming problem permits no feasible combination of the decision variables.
True
True

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

Select The Blank
Question
________ is the last step of Graphical Method of LP.
Calculate the total profit / loss
Calculate the total profit / loss

### Quantitative Techniques - 2

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The Blank
Question
Expected gain to a player, if he and & his opponent use their best strategy is called ________of game.
Value
Value

Select The Blank
Question
Decision Making under Un-certainty is called as ________.
Uncertain Situations
Uncertain Situations

Question
If Pij represent element in each column, than minimax value of game is :-
Min (max pij)
Min (max pij)

Select The Blank
Question
Cash flows & determining Optimal investment proposal is ________.
Investment Theory
Investment Theory

Question
Graphical method is restricted to :-
Two Variables
Two Variables

Question
Combination of strategies of players determines :-
Outcomes , Payoff
Outcomes , Payoff

Question
In a pure strategy game if there are two maximin values, then the no optimal strategies for players and is :-
Two
No optimal strategy

Question
Game can have :-
Mixed strategies , Pure strategies
Mixed strategies , Pure strategies

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 :-
Unbalance assignment. , Maximization.
Unbalance assignment. , Maximization.

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

Question
Graphical method deals with problem of :-
Both Maximization & Minimization
Both Maximization & Minimization

Question
A systematic procedure to obtain an initial feasible solution allocating units to the cells of the transportation table beginning in the upper left hand corner is :-
North West Corner Method
North West Corner Method

True/False
Question
Variable used to convert a greater than equal to constraint into equality by subtracting it from left hand side of the constraint is Surplus Variable.
True
True

Select The Blank
Question
Equation of constraints & ________ sets up Simplex method.
Objective Function
Objective Function

Select The Blank
Question
Finding out the quantity of components to be used at ________.
Minimum Cost
Maximum Cost

Question
Value of a game having saddle point equals :-

Question
Systematic procedure to obtain initial feasible solution by allocating as many units as possible to the lowest cost cell in the transportation table is :-
Least Cost Method
Least Cost Method

True/False
Question
Personal decisions can affect the organisation and organisational decisions can affect the person.
True
True

True/False
Question
Column with the highest negative index number is called a Key Column.
True
True

Match The Following
Question
Transportation Tableau
Data on shipping costs
Data on shipping costs
Transportation Problem
Transportation of goods or services
Transportation of goods or services
Balanced Transportation Problem
Supply points equals total demand
Supply points equals total demand
Un-balanced Transportation Problem
Supply points does not equal demand
Supply points does not equal demand

Question
Optimal Solution is :-
That point or points in the feasible region that gives the optimal values of the objective function
That point or points in the feasible region that gives the optimal values of the objective function

Question
Elements of Transportation Model are :-
Plants , Warehouses , Supply & Demand
Plants , Warehouses , Supply & Demand

Question
Purchase Management involves :-
Purchase Orders , Vendor Evaluation , Negotiation of Supplier Prices
Purchase Orders , Vendor Evaluation , Negotiation of Supplier Prices

True/False
Question
When number of zeros in final assignment matrix are more than required ones, the problem has alternative optimal solution.
True
True

Match The Following
Question
Decision making under uncertainty
Uncertain situations
Uncertain situations
Decision making under certainty
Deterministic models
Deterministic models
Decision making under conflict
Competitive strategies
Competitive strategies
Decision making under risk
Stochastic models
Stochastic models

Select The Blank
Question
Value of pure strategy game to player II is ________.
Negative Minimax
Negative Minimax

Select The Blank
Question
Dummy source is also termed as ________.
Destination
Determination

Question
An extra variable added to obtain an initial feasible solution to a Linear Programming problem is called :-
Artificial Variable
Slack Variable

Question
Graphical method can deal with :-
Any number of constraints
Two constraints

Question
Procedural steps in VAM are :-
Calculation of difference bet 2 element , Selection of row or column , Allocation of number of units
Calculation of difference bet 2 element , Selection of row or column , Allocation of number of units

Question
Objects too can form queues as :-
Semi-finished job await next operation , Broken down to be repaired , Blunt tools awaiting to be reground
Semi-finished job await next operation , Broken down to be repaired , Blunt tools awaiting to be reground

True/False
Question
The graphical method is simple to understand & easy to use
True
True

True/False
Question
Minimax vale of the game sets upper limit to the value of the game.
True
True

Select The Blank
Question
Definition of Dummy source is ________.
Extra row or column in tableau, with zero cost in each of its cells, used to balance an unbalanced problem
Extra row or column in tableau, with zero cost in each of its cells, used to balance an unbalanced problem

True/False
Question
If a mixed strategy game is bigger than 2x2 size, dominance rule is used to reduce the game.
True
True

Select The Blank
Question
________ is the last step of Graphical Method of LP.
Calculate the total profit / loss
Calculate the total profit / loss

Question
Rules concerning Constraints are :-
Less than or equal to are reduced to equations by adding slack variable , Greater than or equal to are converted to equation by adding slack variable , Equal to are augmented by adding artificial variable
Less than or equal to are reduced to equations by adding slack variable , Equal to are augmented by adding artificial variable , Non-negativity restrictions

Select The Blank
Question
To solve a maximization problem, all elements in the matrix are subtracted from ________ element in the matrix.
Largest
Largest

Question
Shadow prices help to identify high cost resources which need :-
Management attention for minimizing waste , Developing cost saving methods , Searching for substitute materials to reduce costs
Management attention for minimizing waste , Developing cost saving methods , Searching for substitute materials to reduce costs

Question
Which criteria is used to classify the managerial decisions into four categories as mechanistic decisions, analytical decisions, judgmental decisions and adaptive decisions?
Complexity of problem and degree of certainty about the outcome
Complexity of problem and degree of certainty about the outcome

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

Question
Which of the decision theory model indicates the situations where consequences of each act of decision maker are influenced by acts of opponent?
Competitive strategies
Competitive strategies

True/False
Question
When there is alternative optimal solution to an assignment problem, total cost of each alternative is different.
False
False

True/False
Question
A redundant constraint is necessary for the solution to the problem & therefore can be omitted at the time of formulation of the problem.
False
True

Question
MRP II is associated with :-
Men , Machine , Material
Men , Machine

Question
Assigning task to facility , Maximin
Assigning task to facility , Maximin , Weighted average and possible outcome

Question
Nomenclatures related to Transportation Problem are :-
S , P , W
S , W , M

### Quantitative Techniques - 1

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The Blank
Question
Terminology for Service Distribution is ________
FCFS or LCFS
Poisson M

Question
The information required to study an input process is :-
Mean arrival rate
Pattern of arrival

Select The Blank
Question
Another name of Un-occupied Cells is ________.
Water Cells
Water Cells

Question
What is the application of quantitative techniques in maintenance management?
To decide optimum stocking policies of spares , Predict useful life of parts , To decide optimum replacement policy of parts
To decide optimum stocking policies of spares , Predict useful life of parts , To decide optimum replacement policy of parts

True/False
Question
If a mixed strategy game is bigger than 2x2 size, dominance rule is used to reduce the game.
True
True

Question
Types of the Service Facilities are :-
Single queue: Single server , Single queue: Multiple server , Single queue: Multiple server (Parallel)
Single queue: Single server , Single queue: Multiple server , Single queue: Multiple server (Parallel)

Question
Which are the typical areas of application of probability theory?
Market research , Inventory control , Price movements
Market research , Inventory control , Price movements

True/False
Question
Smallest element in each row is subtracted from each element in the column.
False
False

Question
Graphical method is used to solve problems involving how many unknowns?
Two
Two

True/False
Question
Stepping stone method is to evaluate unoccupied cells to achieve an optimal solution.
True
False

Select The Blank
Question
Dummy source is also termed as ________.
Destination
Destination

Question
Terminologies of Graphical Method are :-
Constraints , Graph of linear equality/inequality , Half Space
Constraints , Graph of linear equality/inequality , Half Space

Match The Following
Question
The outcomes of each decision alternative are not predictable
The outcomes of each decision alternative are not predictable
Mechanistic decisions
The outcomes of each decision alternative are known
The outcomes of each decision alternative are known
Analytical decisions
The outcomes of each decision alternative can be computed
The outcomes of each decision alternative can be computed
Judgmental decisions
The outcomes of each decision alternative is unknown
The outcomes of each decision alternative is unknown

Question
Which are applications of quantitative techniques in financial management?
Interpretation of financial statements , To determine optimum equipment replacement policies , To develop capital investment plans
Interpretation of financial statements , To determine optimum equipment replacement policies , To develop capital investment plans

Question
Various Quantitative Techniques are :-
Replacement Theory , Queuing Theory , Linear Programming
Linear Programming , Replacement Theory , Queuing Theory

Question
A variable used to convert a greater than or equal to constraint into equality by subtracting it from left hand side of the constraint is :-
Surplus Variable
Slack Variable

Question
Terms related to NCWM, VAM & LCM are :-
Allocation of units , Upper left hand corner , High Penalty cost
Allocation of units , Upper left hand corner , High Penalty cost

Question
Resource Management involves
Man , Machines , Materials
Man , Machines , Materials

Select The Blank
Question
Expected gain resulting from mixed strategy equals ________of possible outcomes.
Weighted average
Weighted average

Question
Which are the typical areas of application of forecasting?

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.
Linear programming
Linear programming

Question
Different Terms related to Simplex Method are :-
Algorithm , Iteration , Slack variable
Algorithm , Iteration , Slack variable

Question
A variable used to convert less than or equal to constraint into equality constraint by adding it to the left side of the constraint is :-
Slack Variable
Slack Variable

Select The Blank
Question
Minimax value sets ________ limit on game.
Upper
Upper

Select The Blank
Question
Number of customers in the queue plus those being serviced is ________.
System Length
System Length

True/False
Question
Problem Formulation involves construction of a mathematical model from the given data.
True
True

Select The Blank
Question
Transportation Tableau gives ________.
Data on shipping costs
Data on shipping costs

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

Select The Blank
Question
________ is an extra row in tableau, with zero cost in each of its cells, used to balance an unbalanced problem
Dummy source
Dummy source

True/False
Question
Check for improvement potential is a procedural step for MODI method.
True
True

Question
Infeasible Solution :-
No solution satisfies all constraints
No solution satisfies all constraints

Question
Assigning task to facility , Maximin
Assigning task to facility , Maximin

True/False
Question
Graphical method is restricted to two variables.
True
True

True/False
Question
Service time can be either fixed & balanced layouts or it can be variable.
True
False

Select The Blank
Question
Definition of Dummy source is ________.
Extra row or column in tableau, with zero cost in each of its cells, used to balance an unbalanced problem
Extra row or column in tableau, with zero cost in each of its cells, used to balance an unbalanced problem

Question
Words related to LCM are :-
Least , Method , Cost
Least , Method , Cost

Question
Which of the following is example of programmed decision?
Sanctioning or regretting leave to an employee
Sanctioning or regretting leave to an employee

True/False
Question
In a mixed strategy game players play more than one strategy to optimize the gain.
True
True

Question
Games theory is applied when :-
Competing strategies are to be decided
Competing strategies are to be decided

Question
Rules concerning Constraints are :-
Less than or equal to are reduced to equations by adding slack variable , Greater than or equal to are converted to equation by adding slack variable , Equal to are augmented by adding artificial variable
Less than or equal to are reduced to equations by adding slack variable , Greater than or equal to are converted to equation by adding slack variable , Equal to are augmented by adding artificial variable

Question
A systematic procedure to obtain an initial feasible solution allocating units to the cells of the transportation table beginning in the upper left hand corner is :-
North West Corner Method
North West Corner Method

True/False
Question
Infeasibility is the condition in which the Linear Programming problem permits no feasible combination of the decision variables.
True
True

Question
Balanced Transportation Problem is :-
A special type of LP problem that involves transportation or physical distribution of goods or services from supply points to demand points
Transportation problem in which total capacity at supply point doesn't equal the total demand at the destinations

Question
Which technique replaces the age old intuitive and subjective approach of decision making by an analytical and an objective approach?
Quantitative technique
Quantitative technique

Match The Following
Question
Procedure of allocating units to cells
North West Corner Method
North West Corner Method
Procedure of allocating units to cost
Least Cost Method
Least Cost Method
Extra row or column in a tableau
Dummy source or Destination
Dummy source or Destination
Satisfies supply & demand conditions
An Initial Feasible Solution
An Initial Feasible Solution

Question
Which of the following is not a statistical technique?
Critical path analysis
Critical path analysis

Question
Which of the following is example of personal decision?
Works manager's decision to quit his post
Works manager's decision to quit his post

### Cases in Operations Management - 5

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Question
This question refers to case on 'Morbay Engineering Works (MEW)' : Following systems are prerequisites for an incentive scheme:-
Sound system of accounting operators daily output , Good production planning and control system , Good Inspection and quality control system
Efficient wage payment system , Good production planning and control system , Good Inspection and quality control system

Select The Blank
Question
This question refers to case on 'Uma Tools Pvt Ltd (UTPL)' : Jigs and fixtures once provided will be able to maintain accuracy up to about ________ pieces.
20000
20000

Select The Blank
Question
This question refers to case on 'Weldtech India Pvt Ltd (WIPL)' : Duration of project can be reduced if duration of an activity on ________ path is reduced.
Critical
Critical

Question
This Question refers to the case of 'Kerson Automobiles' : Cars are manually pushed over the wooden stand placed in the major repairs section because of :-
Absence of the underground pit
Absence of the underground pit

Question
This Question refers to the case of 'The Gujrat Engineering company Limited' : The company has received a special order where :-
A special cylinder is to be manufactured. , The item is to be manufactured from a hollow bored forging , Fastest delivery is requested
A special cylinder is to be manufactured. , The item is to be manufactured from a hollow bored forging , Fastest delivery is requested

Select The Blank
Question
This Question refers to the case of 'Hansa Tractomotive Ltd.' : The loss of consignment was ________.
Total
Total

True/False
Question
This Question refers to the case of 'Classic Engineering Components Ltd.' : Mr. Sen noticed that each worker was provided with the drawing of the component.
False
False

Question
This Question refers to the case of 'Eagle Machine Company' : Cost of running Sally's department is Rs 3,70,000 per year. This is on account of :-
Salaries , Fringes , Expenses
Salaries , Fringes , Expenses

Question
This question refers to case on 'Morbay Engineering Works (MEW)' : An incentive plan can be considered as a tool for following:-
Increase productivity , Create more capacity , Reduce manufacturing costs
Increase productivity , Create more capacity , Reduce manufacturing costs

Question
This Question refers to the case of 'Kerson Automobiles' : The huge work table placed outside the machine shop can be used to carry out :-
Filing work , Debarring work , Cleaning work
Filing work , Debarring work , Cleaning work

Question
This Question refers to the case of 'Autogears Private Limited' : The management is interested in the following :-
Improved method of working
Improved method of working

Question
This Question refers to the case of 'Universal Fasteners Ltd.' : Mr. Bose, Purchase Engineer informed Mr. Kaul that previous lot of 500 kg material was purchased from :-
A source who is not in the approved list
A source who is not in the approved list

True/False
Question
This question refers to case on Morbay Engineering Works (MEW).Overtime tend to reward more than incentive scheme.
True
True

Question
This Question refers to the case of 'Divgi Metalwares Private Limited' : The company is manned by :-
Professional managers
Professional managers

Select The Blank
Question
This Question refers to the case of 'Eagle Machine Company' : The purchase department is responsible only for buying and ________.
Expediting
Expediting

Select The Blank
Question
This question refers to case on 'Weldtech India Pvt Ltd (WIPL)' : Delays in completion of ________ would increase Project cost.
Project
Project

Select The Blank
Question
This question refers to case on 'Uma Tools Pvt Ltd (UTPL)' : Fixed ________ are to be computed only when machines need to be purchased.

Select The Blank
Question
The question refer to the case on 'Kalpak Engineers' : Raw material in the form of bar stock is supplied by the ________.
Customer
Customer

True/False
Question
This question refers to case on 'Uma Tools Pvt Ltd (UTPL)' : Cost of reject above 5% machining rejection is borne by the vendor.
True
True

Select The Blank
Question
This question refers to 'Automotive Gears Private Limited' : The case study requires calculation of set up ________ for the job.
Cost
Cost

Question
This Question refers to the case of 'Kerson Automobiles' : It was decided to modify the existing layout of the plant in the year :-
1972
1972

Question
This Question refers to the case of 'The Geer Company' : The company had a small foundry until 1946. This was subsequently closed and the purchase of ferrous castings were handled by :-
A man who had been a supervisor in the foundry
A man who had been a supervisor in the foundry

Question
This Question refers to the case of 'Classic Engineering Components Ltd.' : This company was acquired by Das Group of Industries. Mr. Mohit Sen,(head of Business planning function in the corporate office) was visiting the factory as its :-
Turn over was stagnating
Turn over was stagnating

Select The Blank
Question
This question refers to case on 'Morbay Engineering Works (MEW)' : Overtime must be ________ to guarantee the success of the wage incentive scheme.
Eliminative
Eliminative

Question
This Question refers to the case 'Quality Gauges Pvt. Ltd.' : The scheme shall apply to :-
Each and every employee
Each and every employee

Question
This Question refers to the case of 'K.T Gears' : The groove cutting operation is performed by :-
Holding the gear blank on a mandrel in face plate , Cutting the groove by two tools , One tool is held in rear side and other held in front side
Holding the gear blank on a mandrel in face plate , Cutting the groove by two tools , One tool is held in rear side and other held in front side

Question
This question refers to case on 'Uma Tools Pvt Ltd (UTPL)' : If the Exhaust Manifold is to be manufactured in house, following are the requirements:-
New jigs and fixtures , Additional shift

Question
This Question refers to the case of 'Classic Engineering Components Ltd.' : The responsibility of physical movement of material was assigned to :-
Helpers
Helpers

Select The Blank
Question
This Question refers to the case of 'Autogears Private Limited' : The task given is to redraw ________ activity chart for the improved method.
Multiple
Multiple

Question
This Question refers to the case 'Suyog Udyog' : Balancing weights are manufactured using facilities arranged in :-
Process type of layout
Process type of layout

True/False
Question
This question refers to case on 'Morbay Engineering Works (MEW)' : "It is difficult to install an incentive scheme and easy to withdraw when desired."
False
False

Question
This Question refers to the case of 'Universal Fasteners Ltd.' : Mr Sharma, Production Engineer informed Mr. Kaul that :-
Material testing was done by a worker as Raw Material Inspector was absent , Visual checking for cracks on sample basis was carried out , Heat treatment operator is a new one .
Material testing was done by a worker as Raw Material Inspector was absent , Visual checking for cracks on sample basis was carried out , Heat treatment operator is a new one .

Question
This Question refers to the case of 'Divgi Metalwares Private Limited' : The new items contracted by the company are handled by the development department for :-
Submission of samples , Manufacture of one or two production lots , Transfer to manufacturing department for regular production, after successful development
Submission of samples , Manufacture of one or two production lots , Transfer to manufacturing department for regular production, after successful development

Question
This Question refers to the case of 'Hansa Tractomotive Ltd.': The contract with Kay Jee Hydraulics Ltd was agreed with following terms & conditions :-
Price per unit FOR Bombay , Delivery 10-12 weeks after receipt of buyer's confirmed order , Payment 60 days after dispatch of material
Price per unit FOR Bombay , Delivery 10-12 weeks after receipt of buyer's confirmed order , Payment 60 days after dispatch of material

Match The Following
Question
Activity in CPM
Arrow
Arrow
This question refers to case on 'Weldtech India Pvt Ltd (WIPL)' : Critical Path
Project duration
Project duration
CPM/PERT
Project planning/ scheduling technique
Project planning/ scheduling technique
Cost overrun
Delays in project
Delays in project

Question
This question refer to the case on "Allied Industries Pvt Ltd" : Following cost element is considered while calculating total cost of buying :-
Transport cost
Transport cost

Question
This Question refers to the case of 'Divgi Metalwares Private Limited' : As per the Activity description given in the table, Preparation of operational layout activity affects following activities :-
Design and draft hobbing fixture , Procure plug gauge , Procure ring gauge
Design and draft hobbing fixture , Procure plug gauge , Procure ring gauge

True/False
Question
This Question refers to the case of 'Universal Fasteners Ltd.' : The organization has reputation for poor deliveries.
False
True

True/False
Question
This question refers to the case of 'Northern Machinery Ltd' : The company's suppliers are of all sizes and scattered across the country.
True
True

Question
This Question refers to the case 'Indus Foundries Ltd.':Parveen Kumar proposed to set up a :-
Cast Iron foundry
Cast Iron foundry

Question
This question refers to case on 'Weldtech India Pvt Ltd (WIPL)' : Following is the information requirement for using CPM/PERT techniques:-
List of activities , Activity duration , Precedent relationship of the activities
List of activities , Activity duration , Precedent relationship of the activities

True/False
Question
This Question refers to the case of Narmada Electricals Ltd. Mr. Jain proposed that for accounting of material, and to carry out other task, two additional clerks shall be recruited
True
True

Select The Blank
Question
This Question refers to the case of 'Kerson Automobiles' : The pedestal grinder mounted on the huge work table, gives out ________ and blows out dust.
Sparks
Sparks

True/False
Question
This Question refers to the case of 'Universal Fasteners Ltd.' : Mr. Sharma, Production Engineer informed Mr. Kaul that Hardening & Tempering was the last operation.
True
True

Match The Following
Question
Need to justify
Need to justify
This question refers to the case of 'Northern Machinery Ltd.' : Senior buyers
Seen in top hotels with suppliers
Seen in top hotels with suppliers
Reason for failure to convince the Board of Directors
No material facts to support the arguments
No material facts to support the arguments
Lot of items on the agenda
Need to be concise and to the point
Need to be concise and to the point

True/False
Question
This Question refers to the case of 'Artwood Products' : It is necessary to keep stock of standard furniture to cater to sudden requirement of the customers.
True
True

True/False
Question
This Question refers to the case of 'The Irate Vendor' : The President knows that some changes in purchasing policy are being planned.
True
True

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