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Decision Science MCQ With Answer PDF

This document contains a collection of 21 multiple choice questions about decision science concepts. Decision science is a multi-disciplinary approach that uses quantitative techniques from fields like mathematics, statistics, and engineering to help managers make better decisions. It involves techniques like linear programming, assignment problems, inventory models, and decision making models to optimize resource allocation and choose optimal strategies. Quantitative analysis is a key part of the decision science approach.

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1K views4 pages

Decision Science MCQ With Answer PDF

This document contains a collection of 21 multiple choice questions about decision science concepts. Decision science is a multi-disciplinary approach that uses quantitative techniques from fields like mathematics, statistics, and engineering to help managers make better decisions. It involves techniques like linear programming, assignment problems, inventory models, and decision making models to optimize resource allocation and choose optimal strategies. Quantitative analysis is a key part of the decision science approach.

Uploaded by

Ankur Verma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Decision Science MCQ With Answers


1. Decision science approach is ___________
A. Intra disciplinary
B. Multi disciplinary
C. Uni disciplinary
D. Complex
Answer: Multi disciplinary
2. The word ______ refers to to linear relationship among variables in a model.
A. Linear
B. Programming
C. Variability
D. Sequencing
Answer: Linear
3. __________ is the technique of selecting the best possible strategy from a number of alternatives.
A. Linear strategy
B. Strategic programming
C. Linear programming
D. Nonlinear programming
Answer: Linear programming
4. _______ is not a type of assignment problems.
A. Unbalanced assignment problems
B. maximization assignment problems
C. restricted assignments problems
D. matrix assignment problems
Answer: matrix assignment problems
5. _______ is found to exist when the number of facilities is not equal to the number of jobs.
A. Maximization assignment problems
B. restricted assignment problems
C. unbalanced assignment problems
D. multiple assignment problems
Answer: unbalanced assignment problems
6. Involves sales revenue and profit data _______
A. Restricted assignment problems
B. maximization assignment problems
C. unbalanced assignment problems

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D. multiple assignment problems


Answer: maximization assignment problems
7. Restricted assignment problems is also known as _______
A. Limited assignment problems
B infinite assignment problems
C. constrained assignment problems
D. stagnated assignment problems
Answer: constrained assignment problems
8. Decision science is a _______ for solving management problems in order to help managers to make better
decisions.
A. Pseudo scientific approach
B. Artistic approach
C. Scientific approach
D. Astrological approach
Answer: Scientific approach
9. Decision science encompasses a number of mathematically oriented technique such as _____
A. Natural sciences
B. Mathematics and statistics
C. Engineering
D. All of the above
Answer: All of the above
10. _______ are those statistical and operations research for programming techniques which help in the
decision making process
A. Qualitative techniques
B. Quantitative techniques
C. Assumptive techniques
D. None of the ab
Answer: Quantitative techniques
11. _____ is the characteristic of quantitative technique.
A. Objective oriented approach
B. Interdisciplinary approach
C. Scientific approach
D. All of the above
Answer: All of the above
12. _________ are used to allocate resources to activities in such a way that some measure of effectiveness is
optimized.
A. Queuing models

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B. Sequencing models
C. allocation models
D. simulation models
Answer: allocation models
13. ________ deals with the problem of of determination of how much to order at a point in time and went to
place an order
A. Waiting line model
B. Sequencing model
C. replacement model
D. inventory model
Answer: inventory model
14. ________ are used when one must decide the optimal time to replace equipment for one reason or the
other
A. Replacement models
B. allocation models
C. decision making models
D. waiting line models
Answer: Replacement models
15. _______ deals with the selection of an optimal course of action given the possible pay offs and their
associated probability of occurrence
A. Simulation model
B. competitive model
C. network model
D. decision making model
Answer: decision making model
16. For analyzing a problem decision-makers should generally study _______ aspects
A. Quantitative
B. Qualitative
C. Paranormal
D. Both A & B
Answer: Both A & B
17. Decision variables are _______
A. Independent
B. Uncontrollable
C. Controllable
D. Qualitative
Answer: Controllable ( See Explanation)

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18. Decision science is also called ______


A. management science
B. operation research
C. Quantitative analysis
D. All of the above
Answer: All of the above
19. Decision science is an approach to decision making which utilizes extensively____
A. Qualitative analysis
B. Digital analysis
C. Quantitative analysis
D. Informative analysis
Answer: Quantitative analysis
20. ______ is not an advantage of quantitative technique.
A. Facilitates optimum allocation of resources
B. Facilitates forecasting
C. Serve as a technique to optimise complexity
D. Serve as a tool for scientific analysis
Answer: Serve as a technique to optimise complexity
21. _________ is used to characterize the behaviour of two or more opponent’s who compete for the
achievement of conflicting goals
A. allocation model
B. decision making model
C. game theory model
D. Simulation model
Answer: game theory model

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