1.
What aims at optimizing inventory levels?

2.
What can be defined as a useful idle resource which has economic value eg; raw materials, spareparts, finished items, etc?

3.
Which theory concerns making sound decisions under conditions of certainity, risk and uncertainty?

4.
Key concept under which technique are network of events and activities , resource allocation, time and cost considerations, network paths and critical paths ?

5.
Which technique is used to imitate an operation prior to actual performance ?

6.
What is concerned with the prediction of replacement costs and determination of the most economic replacement policy ?

7.
What refers to Linear Programming that includes an evaluation of relative risks and uncertainties in various alternatives of choice for management decisions ?

8.
What enables us to determine the earliest and the latest times for each of the events and activities and thereby helps in the identification of the critical path?

9.
Linear Programming technique is used to allocate scarce resources in an optimum manner in problems of ______________ ?

10.
Operations Research techniques helps the directing authority in optimum allocation of various limited resources, such as ______________.

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