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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-8 section-2

Each section contains 100 MCQs on Operations Research .
71
Simulation is defined as.
Discuss
Answer & Solution
Answer: Option D
Solution:
Simulation is defined as a technique that uses computers, An approach for reproducing the processes by which events by chance & changes are created in a computer and A procedure for testing & experimenting on models to answer what if ___, then so & so ___ types of questions.
72
The general purpose system simulation language.
Discuss
Answer & Solution
Answer: Option B
Solution:
The general purpose system simulation language does not require programme writing. General Purpose Simulation System (GPSS) is a discrete time simulation general-purpose programming language, where a simulation clock advances in discrete steps. It is used primarily as a process flow oriented simulation language; this is particularly well-suited for problems such as a factory.
73
Special simulation languages are useful because they.
Discuss
Answer & Solution
Answer: Option D
Solution:
Special simulation languages are useful because they Reduce programme preparation time & cost, have the capability to generate random variables and require no prior programming knowledge.
74
Few causes of simulation analysis failure are.
Discuss
Answer & Solution
Answer: Option D
Solution:
Few causes of simulation analysis failure are Inadequate level of user participation, Inappropriate levels of detail and Incomplete mix of essential skills.
75
To make simulation more popular, we need to avoid.
Discuss
Answer & Solution
Answer: Option D
Solution:
To make simulation more popular, we need to avoid Large cost over runs, Prolonged delays and User dissatisfaction with simulation results.
76
The important step required for simulation approach in solving a problem is to.
Discuss
Answer & Solution
Answer: Option D
Solution:
The important step required for simulation approach in solving a problem is to Test & validate the model, Design the experiment and conduct the experiment.
77
What must a system do to qualify as a true ERP solution?
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
78
Consider the following statements.
1. A transport problem is said to be a balanced problem if the number of origins and destination is equal.
2. Dual theory of simplex method of LP can be used to solve a game theory problem.
3. CPM is often referred to as time cost trade off.
4. Time is not the only variable in PERT.
5. In a single channel queueing models, μ = λ, infinite queue will build up.
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
79
The cost of providing service in a queueing system decrease with
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
80
Statement I $$overline X $$ chart, and chart and R chart are the techniques used for product control under statistical quality control.
Statement II Operating characteristic curve helps determine whether a particular acceptance sampling plan meets both the product's and the consumer's risk requirements.
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board