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
Answer: Option B
Solution (By Examveda Team)
Key concept under Network Analysis are network of events and activities , resource allocation, time and cost considerations, network paths and critical paths. Network analysis is any structured technique used to mathematically analyze a circuit (a “network” of interconnected components).Related Questions on Operations Research
A. Is possible when the variables value is known
B. Reduces the scope of judgement & intuition known with certainty in decision-making
C. Require the use of computer software
D. None of the above
A. Must be deterministic
B. Requires computer aid for its solution
C. Represents data in numerical form
D. All of the above
A physical model is example of.
A. An iconic model
B. An analogue model
C. A verbal model
D. A mathematical model
The qualitative approach to decision analysis relies on.
A. Experience
B. Judgement
C. Intuition
D. All of the above

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