MANAGEMENT SCIENCE II

The TP is said to be unbalanced if   _____________

• Supply ≠Demand

• supply=demand

• m=n

• m+n-1

The Problem of Assigning no of Jobs to a no of persons in such a way that the total Assignment cost is minimum  

• Assignment problem

• transportation problem

• LPP

• None of above

 ___________ is not one of the stores management Function

• storing

• Receiving

• issue

• scrap and surplus

It is the process of design, execution and control of operations that convert resources into goods/services

• Operations Management

• Human Resource Management

• Finance Management

• Marketing Management

It a method to obtain initial solution to transportation problem.   

• North West

• Simplex

• Hungarian

• Newton

The Penalty in VAM represents the difference between the respective row/column costs.

• Largest two

• Smallest two

• largest and smallest

• None

The Assignment of the work to the operators at their machines or workplaces

• Planning

• Routing

• Scheduling

• loading

The conversion process which converts Land, Labor, capital & management of inputs into desired outputs of goods & services.

• Operations Management

• Marketing Management

• Human Resource Management

• Finance Management

The management of idle resources which have economic value is called

• Inventory management

• stores management

• supplier management

• none

North west corner refers to

• top left corner

• top right corner

• both of them

• none of them