Operations Research - Study Mode

[#96] Procurement cycle time is time consumed for
Correct Answer

(D) all of the above

[#97] Match the following. List-I (ISO Certifications) List-II (Field) a. ISO 9003 1. Testing b. ISO 14001 2. Environment c. ISO 9000 3. Guidelines for selection d. ISO 9002 4. Quality assurance in production e. ISO 9001 5. Production
Correct Answer

(B) a-1, b-2, c-3, d-4, e-5

[#98] ______________ may be defined as a method of determining an optimum programme inter dependent activities in view of available resources.
Correct Answer

(B) Linear Programming

Explanation

Solution: Linear Programming may be defined as a method of determining an optimum programme inter dependent activities in view of available resources. Linear programming is an optimization technique for a system of linear constraints and a linear objective function. An objective function defines the quantity to be optimized, and the goal of linear programming is to find the values of the variables that maximize or minimize the objective function.

[#99] ________ are expressed is n the form of inequities or equations.
Correct Answer

(A) Constraints

Explanation

Solution: Constraints are expressed is n the form of inequities or equations. A constraint is something that limits or controls what you can do. Their decision to abandon the trip was made because of financial constraints. Water shortages in the area will be the main constraint on development.

[#100] If there are more than one optimum solution for the decision variable the solution is ___________.
Correct Answer

(C) Alternative

Explanation

Solution: If there are more than one optimum solution for the decision variable the solution is alternative. An optimal solution is a feasible solution where the objective function reaches its maximum (or minimum) value – for example, the most profit or the least cost. A globally optimal solution is one where there are no other feasible solutions with better objective function values.