Which of the following statement is true?
A. Loading ensures maximum possible utilisation of productive facilities and avoids bottlenecks In production
B. Loading is the process of converting operation schedules into practice
C. Facility loading means loading of facility of work centre and deciding which jobs to be assigned to which work centre
D. All of the above
Answer: Option D
This Question Belongs to Management >> 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
Join The Discussion