Operations Research attempts to find the best and __________ solution to a problem.
A. Optimum
B. Perfect
C. Degenerate
D. None of the above
Answer: Option A
Solution(By Examveda Team)
Operations Research attempts to find the best and Optimum solution to a problem. The use of computers it is possible to handle complex problems requiring large amount of calculations. The objective of the operations research models is to attempt and to locate Best or Optimal Solution.This Question Belongs to Management >> Operations Research
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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