Operations Research - Study Mode
[#171] For analyzing a problem, decision-makers should study.
Correct Answer
(C) Both a & b
Explanation
Solution: For analyzing a problem, decision-makers should study both its qualitative aspects and Its quantitative aspects.
[#172] A model is.
Correct Answer
(D) All of the above
Explanation
Solution: A model is an essence of reality an approximation and an idealization.
[#173] Managerial decisions are based on.
Correct Answer
(D) All of the above
Explanation
Solution: Managerial decisions are based on an evaluation of quantitative data, the use of qualitative factors and results generated by formal models.
[#174] The initial solution of a transportation problem can be obtained by applying any known method. However, the only condition is that.
Correct Answer
(B) The rim conditions are satisfied
Explanation
Solution: The initial solution of a transportation problem can be obtained by applying any known method. However, the only condition is that the rim conditions are satisfied.
[#175] The dummy source or destination in a transportation problem is added to.
Correct Answer
(A) Satisfy rim conditions
Explanation
Solution: The dummy source or destination in a transportation problem is added to satisfy rim conditions.