Operations Research - Study Mode
[#136] . . . . . . . . module supports the entire sales and purchase processes from start to finish.
Correct Answer
(A) Order management
[#137] Which of the following describes an ERP system?
Correct Answer
(D) All of the above
[#138] One disadvantage of using North-West Corner rule to find initial solution to the transportation problem is that.
Correct Answer
(B) It does not take into account cost of transportation
Explanation
Solution: One disadvantage of using North-West Corner rule to find initial solution to the transportation problem is that It does not take into account cost of transportation. North-west is an easy way to find a solution and works efficiently most of the time. But there isn't any superority among these methods. Basically, it depends on the problem.
[#139] The solution to a transportation problem with ‘m’ rows (supplies) & ‘n’ columns (destination) is feasible if number of positive allocations are.
Correct Answer
(C) m+n-1
Explanation
Solution: The solution to a transportation problem with ‘m’ rows (supplies) & ‘n’ columns (destination) is feasible if number of positive allocations are m+n-1.
[#140] If an opportunity cost value is used for an unused cell to test optimality, it should be.
Correct Answer
(B) Most negative number
Explanation
Solution: If an opportunity cost value is used for an unused cell to test optimality, it should be most negative number. Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another.