Operations Research - Study Mode

[#66] Which of the following steps is the first step in production scheduling?
Correct Answer

(B) Loading

[#67] Dummy activities are used in a network to
Correct Answer

(B) satisfy precedence requirements

[#68] Which of the following is not one of the assumptions of Markov analysis:
Correct Answer

(C) There are limited number of future periods

[#69] An advantage of simulation as opposed to optimization is that.
Correct Answer

(D) All of the above

Explanation

Solution: An advantage of simulation as opposed to optimization is that Several options of measure of performance can be examined, Complex real-life problems can be studied and It is applicable in cases where there is an element of randomness in a system.

[#70] The purpose of using simulation technique is to.
Correct Answer

(D) All of the above

Explanation

Solution: The purpose of using simulation technique is to Imitate a real-world situation, Understand properties & operating characteristics of complex real-life problems and Reduce the cost of experiment on a model of real situation.