Decision Science | Chapter 1 | Part 3 | MBA MCQs | DS
Decision Science MCQs
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- The assignment model is a special case of the ________ model.
- maximum-flow
- transportation
- none of the above
- shortest-route
- The transportation model relies on certain assumptions. They include all of the following
except- none of the above
- the shipping cost per unit is the same
- the items must be large scale
- the items must be homogeneous
- there is only one route being used between each origin and destination
- Least cost method is a best method to find basic solution
- False
- Data is not sufficient
- Cannot say
- True
- …………. Method is more accurate
- VAM
- North west corner
- Least cost
- None of above
- Initial basic solution can be obtained by modified distribution method
- Cannot say
- Data is not sufficient
- False
- True
- Initial basic solution from VAM IS
- Least
- Non of Above
- Can't say
- Maximum
- In real life supply & demand requirement will be rarely
- None of above
- Unequal
- Stable
- Equal
- LP Consists of linear objectives &……………….
- Linear variables
- Linear functions
- None of above
- Linear constraints
- Following represents the aim or goal of the system
- Objective function
- None of above
- Decision variable
- Constraints
- In a balanced transportation model where supply equals demand,
- all constraints are inequalities
- all constraints are equalities
- none of the constraints are equalities
- none of the constraints are inequalities
- .………………… represents the aim of the system.
- Cann’t say
- Decision variable
- Constraints
- Objective functions
- An assignment problem is a special form of transportation problem where all supply and demand values equal
- 1
- 2
- 3
- 0
- …………………method solve the LPP in iteration to enhance the value of the objective function
- Corner point
- Iso profit
- Simplex
- Complex
- …………….is special type of linear programming
- Assignment
- Cann’t say
- Queuing
- Transportation problem
- In a transportation problem, items are allocated from sources to destinations
- at a minimum profit
- at a minimum revenue
- at a maximum cost
- at a minimum cost
- Lpp is widely used ………………modelling technique
- None of above
- Mathematical
- Statistical
- Graphical
- Which of the following are supply points that a transportation model can analyze?
- all of the above
- warehouses
- departments
- factories
- . ……………is used to collect a set of experimental data and figure out to graph
- LPP
- Mathematical model
- Operation research model
- Corner point model
- Demand variation occurs because of change in
- None of above
- Market condition
- Customer preference
- Competitors entry
- …………… model helps to manager to take decision
- All above
- LPP
- Assignment
- Transportation
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