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Operations Research or Qualitative Approach MCQ Questions and Solutions with Explanations | Management

Operations Research or Qualitative Approach MCQ Questions and answers with easy and logical explanations. Management provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Operations Research or Qualitative Approach MCQ is important for exams like MAT, CAT, CA, CS, CMA, CPA, CFA, UPSC, Banking and other Management department exam. Page-4 section-1

Each section contains 100 MCQs on Operations Research .
31
______________ may be defined as a method of determining an optimum programme inter dependent activities in view of available resources.
Discuss
Answer & Solution
Answer: Option B
Solution:
Linear Programming may be defined as a method of determining an optimum programme inter dependent activities in view of available resources. Linear programming is an optimization technique for a system of linear constraints and a linear objective function. An objective function defines the quantity to be optimized, and the goal of linear programming is to find the values of the variables that maximize or minimize the objective function.
32
________ are expressed is n the form of inequities or equations.
Discuss
Answer & Solution
Answer: Option A
Solution:
Constraints are expressed is n the form of inequities or equations. A constraint is something that limits or controls what you can do. Their decision to abandon the trip was made because of financial constraints. Water shortages in the area will be the main constraint on development.
33
If there are more than one optimum solution for the decision variable the solution is ___________.
Discuss
Answer & Solution
Answer: Option C
Solution:
If there are more than one optimum solution for the decision variable the solution is alternative. An optimal solution is a feasible solution where the objective function reaches its maximum (or minimum) value – for example, the most profit or the least cost. A globally optimal solution is one where there are no other feasible solutions with better objective function values.
34
Dual of the dual is ______________.
Discuss
Answer & Solution
Answer: Option A
Solution:
Dual of the dual is Primal. Any feasible solution to the primal linear program has a value no greater than that of any feasible solution to the dual linear program.
35
Operations Research approach is __________
Discuss
Answer & Solution
Answer: Option A
Solution:
operations research is a multidisciplinary field with a wide variety of applications.
36
For analyzing the problem , decision – makers should normally study.
Discuss
Answer & Solution
Answer: Option A
Solution:
For analyzing the problem , decision – makers should normally study Its qualitative aspects. Qualitative data is information that is difficult to measure, count, or express in numerical terms. This type of data is used in research involving detailed, verbal descriptions of characteristics, cases, and settings.
37
Decision variables are __________
Discuss
Answer & Solution
Answer: Option A
Solution:
A decision variable is a quantity that the decision-maker controls. For example, in an optimization model for labor scheduling, the number of nurses to employ during the morning shift in an emergency room may be a decision variable.
38
The issue of decision models.
Discuss
Answer & Solution
Answer: Option D
Solution:
The aim is to achieve the best balance between the cost of the resources and the quality of service it provides. In practice, this aim will need to be defined for each situation and will most likely be to achieve the lowest resource cost for a desired response and work quality.
39
_____________ is one of the fundamental combinatorial optimization problems.
Discuss
Answer & Solution
Answer: Option A
Solution:
Assignment problem is one of the fundamental combinatorial optimization problems. It consists of finding, in a weighted bipartite graph, a matching of a given size, in which the sum of weights of the edges is a minimum. A common variant consists of finding a maximum-weight matching.
40
An optimization model.
Discuss
Answer & Solution
Answer: Option D
Solution:
An optimization model Mathematically provides the best decision, Provides decision within its limited context and Helps in evaluating various alternatives constantly