ExamVeda
Login
Home

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-6 section-1

Each section contains 100 MCQs on Operations Research .
51
One disadvantage of using North-West Corner rule to find initial solution to the transportation problem is that.
Discuss
Answer & Solution
Answer: Option B
Solution:
One disadvantage of using North-West Corner rule to find initial solution to the transportation problem is that It does not take into account cost of transportation. North-west is an easy way to find a solution and works efficiently most of the time. But there isn't any superority among these methods. Basically, it depends on the problem.
52
The solution to a transportation problem with ‘m’ rows (supplies) & ‘n’ columns (destination) is feasible if number of positive allocations are.
Discuss
Answer & Solution
Answer: Option C
Solution:
The solution to a transportation problem with ‘m’ rows (supplies) & ‘n’ columns (destination) is feasible if number of positive allocations are m+n-1.
53
If an opportunity cost value is used for an unused cell to test optimality, it should be.
Discuss
Answer & Solution
Answer: Option B
Solution:
If an opportunity cost value is used for an unused cell to test optimality, it should be most negative number. Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another.
54
During an iteration while moving from one solution to the next, degeneracy may occur when.
Discuss
Answer & Solution
Answer: Option C
Solution:
During an iteration while moving from one solution to the next, degeneracy may occur when two or more occupied cells on the closed path with minus sign are tied for lowest circled value
55
The large negative opportunity cost value in an unused cell in a transportation table is chosen to improve the current solution because.
Discuss
Answer & Solution
Answer: Option A
Solution:
The large negative opportunity cost value in an unused cell in a transportation table is chosen to improve the current solution because it represents per unit cost reduction.
56
The smallest quantity is chosen at the corners of the closed path with negative sign to be assigned at unused cell because.
Discuss
Answer & Solution
Answer: Option C
Solution:
The smallest quantity is chosen at the corners of the closed path with negative sign to be assigned at unused cell because it ensure feasible solution.
57
When total supply is equal to total demand in a transportation problem, the problem is said to be?
Discuss
Answer & Solution
Answer: Option A
Solution:
The total supply available at the plants exactly matches the total demand at the destinations, such type of problems where supply and demand are exactly equal are known as Balanced Transportation Problem.
58
Which of the following methods is used to verify the optimality of the current solution of the transportation problem?
Discuss
Answer & Solution
Answer: Option C
Solution:
Modified distribution method (MODI) is used to verify the optimality of the current solution of the transportation problem.
59
The degeneracy in the transportation problem indicates that
Discuss
Answer & Solution
Answer: Option C
Solution:
The degeneracy in the transportation problem indicates that the multiple optimal solution exist. transportation problem with m origins and n destinations has fewer than m + n – 1 positive xij (occupied cells), the problem is said to be a degenerate transportation problem.
60
An assignment problem is considered as a particular case of a transportation problem because.
Discuss
Answer & Solution
Answer: Option D
Solution:
An assignment problem is considered as a particular case of a transportation problem because the number of rows equals columns, All xij = 0 or 1 and All rim conditions are 1.