Applied Operations Research II eMBA 2024 UnoM

In a linear programming problem, the feasible region:

• is the set of all solutions that satisfy the constraint equations but not necessarily the non-negativity restictions.

• consists of the boundary lines formed by the constraints

• is defined by the intersection of all the constraint inequalities and the non-negativity restrictions.

• represents all possible values that satisfy the objective function

In a transportation problem with 4 supply points and 5 demand points, how many constraints are required in its formulation?

• 20

• 1

• 0

• 9

If there are m sources and n destinations in a transportation matrix, the total number of basic variables in a basic feasible solution is....

• m + n

• m + n + 1

• m + n - 1

• m

Operations research is the application of .......... methods to arrive at the optimal solutions to the problem.

• economical

• scientific

• a & b both

• artistic

Operations research is based upon collected information, knowledge and advanced study of various factors impacting a particular operation. This leads to more informed .........

• Decision Making

• Management Process

• Problems

• Procedures

In operations research, the ------------------------------are prepared for situations.

• mathematical models

• physical models diagrammatic

• diagrammatic models

• graphical models

Operations management can be defined as the application of --------------- to a problem within a system to yield the optimal solution.

• Suitable manpower

• mathematical techniques, models, and tools

• Financial operations

• mathematical techniques, models, and Intellectual Property

Operations Research started just before World War II in Britain with the establishment of teams of scientists to study the strategic and tactical problems involved in military operations.

• True

• False

Which of the following is not the phase of OR methodology?

• Formulating a problem

• Constructing a model

• Establishing controls

• Controlling the environment

Which technique is used in finding a solution for optimizing a given objective, such as profit maximization or cost reduction under certain constraints

• Quailing Theory

• Waiting Line

• None of the Above

• Linear Programming