Mba 206
Mba 206
Roll No :..................................
Examination : MARCH 2021
2nd Semester
Operations Research
Time : 1 Hours ] [ Max. Marks : 60
Instructions :-
Attempt All Questions. All questions carry equal marks.
Fill the 'Bubble' available in OMR Sheet to mark your Answer.
Only one option is correct out of all available option.
There is 1 mark for correct answer.
There is No Negative marking for incorrect answer.
1. Key concept under which technique are network of events and activities resource allocation time and cost
considerations network paths and critical paths ?
(A) Game Theory
(B) Network Analysis
(C) Decision Theory
(D) None of the above
2. Which technique is used to imitate an operation prior to actual performance ?
(A) Simulation
(B) Integrated Production Models
(C) Inventory Control
(D) Game Theory
3. What is concerned with the prediction of replacement costs and determination of the most economic
replacement policy ?
(A) Search Theory
(B) Theory of replacement
(C) Probabilistic Programming
(D) None of the above
4. What refers to Linear Programming that includes an evaluation of relative risks and uncertainties in
various alternatives of choice for management decisions ?
(A) Probabilistic Programming
(B) Stochastic Programming
(C) Both A and B
(D) Linear Programming
5. What enables us to determine the earliest and the latest times for each of the events and activities and
thereby helps in the identification of the critical path?
(A) Programme Evaluation
(B) Review Technique PERT
(C) Both A and B
(D) Deployment of resources
6. Allocation problems can be solved by
(A) Linear Programming Technique
(B) Non – Linear Programming Technique
(C) Both A and B
(D) None of the above
7. In ‐‐‐‐‐‐‐‐‐‐‐ models everything is defined and the results are certain
(A) Deterministic Models
(B) Probabilistic Models
(C) Both A and B
(D) None of the above
8. It is not easy to make any modification or improvement in
(A) Iconic Models
(B) Analogue Models
(C) Symbolic Models
(D) None of the above
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9. In ‐‐‐‐‐‐‐‐‐‐ models one set of properties is used to represent another set of properties
(A) Iconic Models
(B) Analogue Models
(C) Symbolic Models
(D) None of the above
10. Allocation Models are ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
(A) Iconic models
(B) Analogue Models
(C) Symbolic Models
(D) None of the above
11. Probabilistic models are also known as
(A) Deterministic Models
(B) Stochastic Models
(C) Dynamic Models
(D) Static Models
12. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ models assumes that the values of the variables do not change with time during a
particular period
(A) Static Models
(B) Dynamic Models
(C) Both A and B
(D) None of the above
13. What aims at optimizing inventory levels?
(A) Inventory Control
(B) Inventory Capacity
(C) Inventory Planning
(D) None of the above
14. What can be defined as a useful idle resource which has economic value eg; raw materials spare parts
finished items etc?
(A) Inventory Control
(B) Inventory
(C) Inventory Planning
(D) None of the above
15. Which theory concerns making sound decisions under conditions of certainity risk and uncertainty
(A) Game Theory
(B) Network Analysis
(C) Decision Theory
(D) None of the above
16. Linear Programming technique is used to allocate scarce resources in an optimum manner in problems
of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ ?
(A) Schedule
(B) Product Mix
(C) Both A and B
(D) Servicing Cost
17. Operations Research techniques helps the directing authority in optimum allocation of various limited
resources such as ‐‐‐‐‐‐‐‐‐‐‐‐‐
(A) Men and Machine
(B) Money
(C) Material and Time
(D) All of the above
18. Operations Research study generally involves how many phases ?
(A) Three
(B) Four
(C) Five
(D) Two
19.
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‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ models involves the allocation of resources to activities in such a manner that some
measure of effectiveness is optimized
(A) Sequencing
(B) Allocation Models
(C) Queuing Theory
(D) Decision Theory
20. A ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ models considers time as one of the important variable
(A) Static Models
(B) Dynamic Models
(C) Both A and B
(D) None of the above
21. If there are more than one optimum solution for the decision variable the solution is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐
(A) Infeasible
(B) Unbounded
(C) Alternative
(D) None of the above
22. Dual of the dual is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐
(A) Primal
(B) Dual
(C) Alternative
(D) None of the above
23. Operations Research approach is
(A) Multi‐disciplinary
(B) Scientific
(C) Initiative
(D) All of the above
24. For analyzing the problem decision – makers should normally study
(A) Its qualitative aspects
(B) Its quantitative aspects
(C) Both A and B
(D) Neither A and B
25. Decision variables are
(A) Controllable
(B) Uncontrollable
(C) Parameters
(D) None of the above
26. The issue of decision models
(A) Is possible when the variable’s value is
(B) Reduces the scope of judgment and intuition known with certainty in decision making
(C) Requires the knowledge of computer software use
(D) None of the above
27. ‐‐‐‐‐‐‐‐‐‐‐‐‐ is one of the fundamental combinatorial optimization problems
(A) Assignment problem
(B) Transportation problem
(C) Optimization Problem
(D) None of the above
28. An optimization model
(A) Mathematically provides the best decision
(B) Provides decision within its limited context
(C) Helps in evaluating various alternatives constantly
(D) All of the above
29. The quantitative approach to decision analysis is a
(A) Logical approach
(B) Rational approach
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(C) George B Dante
(D) George V Dantzig
40. This method of formal calculations often termed as Linear Programming was developed later in which
year?
(A) 1947
(B) 1988
(C) 1987
(D) 1944
41. What is being considered as one of the most versatile management tools?
(A) Electronic Computers
(B) Linear Programming
(C) Computer Programming
(D) None of the above
42. LP is a major innovation since ‐‐‐‐‐‐‐‐‐‐‐‐ in the field of business decision – making particularly under
conditions of certainty
(A) Industrial Revolution
(B) World War I
(C) World War II
(D) French Revolution
43. The world ‘Linear’ means that the relationships are represented by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
(A) Diagonal lines
(B) Curved lines
(C) Straight lines
(D) Slanting lines
44. The world ‘ programming’ means taking decisions ‐‐‐‐‐‐‐‐‐‐‐‐‐
(A) Systematically
(B) Rapidly
(C) Slowly
(D) Instantly
45. Who originally called it ‘ Programming of interdependent activities in a linear structure’ but later
shortened it to ‘ Linear Programming’ ?
(A) Dantzig
(B) Kantorovich
(C) Marshall
(D) None of the above
46. LP can be applied in farm management problems is relates to the allocation of resources such as
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ in such a way that is maximizes net revenue
(A) Acreage
(B) Labour
(C) Water supply or working capital
(D) All of the above
47. LP model is based on the assumptions of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
(A) Proportionality
(B) Additivity
(C) Certainty
(D) All of the above
48. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ assumption means the prior knowledge of all the coefficients in the objective function the
coefficients of the constraints and the resource values
(A) Proportionality
(B) Certainty
(C) Finite choices
(D) Continuity
49. Simple linear programming problem with ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ variables can be easily solved by the graphical
method
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(A) One decision
(B) Four decisions
(C) Three decisions
(D) Two decisions
50. Any solution to a LPP which satisfies the non‐ negativity restrictions of the LPP is called its ‐‐‐‐‐‐‐‐
(A) Unbounded solution
(B) Optimal solution
(C) Feasible solution
(D) Both A and B
51. Any feasible solution which optimizes minimizes or maximizes the objective function of the LPP is called
its ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
(A) Optimal solution
(B) Non‐basic variables
(C) Solution
(D) Basic feasible solution
52. A non – degenerate basic feasible solution is the basic feasible solution which has exactly m positive Xi
i=12…m ie none of the basic variable is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
(A) Infinity
(B) One
(C) Zero
(D) Two
53. In a manufacturing process who takes the decisions as to what quantities and which process or
processes are to be used so that the cost is minimum and profit is maximum?
(A) Supervisor
(B) Manufacturer
(C) Producer
(D) Production manager
54. Linear programming has been successfully applied in ‐‐‐‐‐‐‐‐‐‐‐
(A) Agricultural
(B) Industrial applications
(C) Both A and B
(D) Manufacturing
55. The term linearity implies ‐‐‐‐‐‐‐‐‐‐‐ among the relevant variables:
(A) Straight line
(B) Proportional relationships
(C) Linear lines
(D) Both A and B
56. Process refers to the combination of ‐‐‐‐‐‐‐‐‐‐‐‐ inputs to produce a particular output
(A) one or more
(B) two or more
(C) one
(D) None of the above
57. What has always been very important in the business and industrial world particularly with regard to
problems concerning productions of commodities?
(A) Linear Programming
(B) Production
(C) Decision – making
(D) None of the above
58. What are the main questions before a production manager?
(A) Which commodity/ commodities to produce
(B) In what quantities
(C) By which process or processes
(D) All of the above
59. What is also defined as the non‐negative variables which are added in the LHS of the constraint to
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convert the inequality ‘< ‘ into an equation?
(A) Slack variables
(B) Simplex algorithm
(C) Key element
(D) None of the above
60. Which method is an iterative procedure for solving LPP in a finite number of steps ?
(A) Simplex algorithm
(B) Slack variable
(C) M method
(D) Simplex method
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