What have been constructed for Operations Research problems and methods for solving the models that are available in many cases?
A. Scientific Models
B. Algorithms
C. Mathematical Models
D. None of the above
Answer: Option C
Solution(By Examveda Team)
Mathematical Models have been constructed for Operations Research problems and methods for solving the models that are available in many cases. A mathematical model can be defined as a description of a system using mathematical concepts and language to facilitate proper explanation of a system or to study the effects of different components and to make predictions on patterns of behaviour (Abramowitz and Stegun, 1968).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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