Operations Research Questions and Answers in Quiz Form 10 for Practice

136. What is being considered as one of the most versatile management tools?

1. Electronic Computers
2. Linear Programming
3. Computer Programming
4. None of the above

137. What is concerned with the prediction of replacement costs and determination of the most economic replacement policy ?

1. Search Theory
2. Theory of replacement
3. Probabilistic Programming
4. None of the above

138. What refers to Linear Programming that includes an evaluation of relative risks and uncertainties in various alternatives of choice for management decisions ?

1. Probabilistic Programming
2. Stochastic Programming
3. Both A and B
4. Linear Programming

139. Which method is an iterative procedure for solving LPP in a finite number of steps ?

1. Simplex algorithm
2. Slack variable
3. M method
4. Simplex method

140. Which technique is used in finding a solution for optimizing a given objective, such as profit maximization or cost minimization under certain constraints?

1. Quailing Theory
2. Waiting Line
3. Both A and B
4. Linear Programming

141. Which technique is used to imitate an operation prior to actual performance ?

1. Simulation
2. Integrated Production Models
3. Inventory Control
4. Game Theory

142. Which theory concerns making sound decisions under conditions of certainity, risk and uncertainty

1. Game Theory
2. Network Analysis
3. Decision Theory
4. None of the above

143. Which variables are fictitious and cannot have any physical meaning ?

1. Optimal variable
2. Decision variable
3. Artificial variable
4. None of the above

144. Who defined Operations Research as an aid for the executive in marketing his decisions by providing him with the quantitative information based on the scientific method of analysis ?

1. C. Kitte
2. H.M. Wagner
3. E.L. Arnoff
4. None of the above

145. Who defined Operations Research as scientific approach to problem solving for executive management ?

1. E.L. Arnoff
2. P.M.S. Blackett
3. H.M. Wagner
4. None of the above

146. Who defined Operations Research as scientific method of providing executive departments with a quantitative basis for decisions regarding the operations under their control?

1. Morse and Kimball (1946)
2. P.M.S. Blackett (1948)
3. E.L. Arnoff and M.J. Netzorg
4. None of the above

147. Who developed Linear Programming for the purpose of scheduling the complicated procurement activities of the United States Air Force?

1. George B. Dantzig
2. James B. Dantzig
3. George B. Dante
4. George V. Dantzig

148. Who invented a method of formal calculations often termed as ?

1. A.V. Kantorovich
2. L.V. Kantorovich
3. T.S. Kantorovich
4. Alfred Marshall

149. Who originally called it Programming of interdependent activities in a linear structure but la shortened it to Linear Programming ?ter

1. Dantzig
2. Kantorovich
3. Marshall
4. None of the above

150. Who pointed out that the businessman always studies his production function and his input prices and substitutes one input for another till his costs become the mnimum possible?

1. Alan Marshall
2. Alfred Marsh
3. Alfred Marshall
4. None of the above