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Management Science Online MCQ Practice Set

Study Management Science Online MCQ Practice Set for your academic course and prepare for your exam and online assignments. You can give online FREE Quiz and test your knowledge on OMCQ portal.

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Question: A constraint in a Linear Programming Model restricts:

  • A. Value of objective function
  • B. Value of decision variable
  • C. Use of available resources
  • D. All of the above

View Answer

Answer D. All of the above

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Question: A constraint in an LP model restricts

  • A. value of objective function
  • B. value of decision variable
  • C. use of available resource
  • D. all of the above

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Answer D. all of the above

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Question: A customer’s behaviour of jumping from one queue to another is called___

  • A. Jockying
  • B. Reneging
  • C. Collusion
  • D. Balking

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Answer A. Jockying

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Question: A customer’s behaviour of leaving the queue due to impatience is called___

  • A. Jockying
  • B. Reneging
  • C. Collusion
  • D. Balking

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Answer B. Reneging

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Question: a customer’s behaviour of leaving the queue when he does not like to wait in the queue due to Lack of time or space is called___

  • A. Jockying
  • B. Reneging
  • C. Collusion
  • D. Balking

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Answer D. Balking

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Question: A feasible solution to a linear programming problem

  • A. must satisfy all problem constraints simultaneously
  • B. need not satisfy all constraints
  • C. must be a corner point of the feasible region
  • D. must optimize the value of the objective function

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Answer A. must satisfy all problem constraints simultaneously

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Question: A game is said to be fair if the value of the game is___

  • A. One
  • B. Two
  • C. Three
  • D. Zero

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Answer D. Zero

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Question: A good decision always implies that

  • A. will obtain the best final results
  • B. have used appropriate quantitative analysis
  • C. have considered all alternatives
  • D. have followed a logical process

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Answer D. have followed a logical process.

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Question: A linear programming model does not contain which of the following components?

  • A. data
  • B. decisions
  • C. constraints
  • D. a spread sheet

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Answer D. a spread sheet

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Question: A LPP model doesnot contain:

  • A. Decision
  • B. Constraints
  • C. Feasible solution
  • D. Spread Sheet

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Answer D. Spread Sheet

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Question: A map indicates roads, highways, towns and the interrelationship is an___model

  • A. iconic
  • B. mathematical
  • C. analogue
  • D. none of the above

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Answer C. analogue

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Question: A matrix which shows the gains and losses resulting from moves and counter moves is called___

  • A. Cost matrix
  • B. Pay off matrix
  • C. Both a and b
  • D. None of these

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Answer B. Pay off matrix

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Question: A minimisation problem can be connected into maximisation problem by changing the signs of Coefficients in the___

  • A. Constraints
  • B. Objectives
  • C. Both a and b
  • D. None of these

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Answer B. Objectives

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Question: A model is

  • A. an essence of reality
  • B. an approximation
  • C. an idealization’
  • D. all of the above

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Answer D. all of the above

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Question: A model is a___

  • A. An essence of reality
  • B. An approximation
  • C. An idealisation
  • D. All of the above

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Answer D. All of the above

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Question: A physical model is an example of

  • A. an iconic model
  • B. an analogue model
  • C. a verbal model
  • D. a mathematical model

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Answer A. an iconic model

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Question: A queue is formed when the demand for a service:

  • A. Exceeds the capacity to provide that service
  • B. Is less than the capacity to provide that service
  • C. a or b
  • D. None of these

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Answer A. Exceeds the capacity to provide that service

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Question: A Transportation Problem is said to be unbalanced when total supply is not equal to___

  • A. Total cost
  • B. Total demand
  • C. Both a and b
  • D. None of these

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Answer B. Total demand

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Question: Activities lying on critical path are called___

  • A. Critical activities
  • B. Non-critical activities
  • C. Dummy activities
  • D. None of these

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Answer A. Critical activities

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Question: Activities lying on the critical path are called___

  • A. net work
  • B. critical path
  • C. critical activities
  • D. none of the above

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Answer C. critical activities

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