Operations Research - Study Mode

[#196] Which of the following is not an external dirver for benchmarking?
Correct Answer

(D) None of the above

[#197] Important point to be kept in mind while evaluating ERP software is the total cost that includes 1. Cost of license 2. Cost of training 3. Implementation and maintenance cost 4. Customisation and hardware requirements costs
Select the correct answer:
Correct Answer

(D) All of the above

[#198] Any column or raw of a simplex table is called a __________.
Correct Answer

(A) Vector

Explanation

Solution: Any column or raw of a simplex table is called a vector. The simplex method, in mathematical optimization, is a well-known algorithm used for linear programming.

[#199] If there are ‘m’ original variables and ‘n’ introduced variables, then there will be _____________ columns in the simplex table.
Correct Answer

(C) 3 +m + n

Explanation

Solution: If there are ‘m’ original variables and ‘n’ introduced variables, then there will be 3 + m + n columns in the simplex table.

[#200] A minimization problem can be converted into a maximization problem by changing the sign of coefficients in the _____________.
Correct Answer

(B) Objective Functions

Explanation

Solution: A minimization problem can be converted into a maximization problem by changing the sign of coefficients in the objective functions. A minimization problem is in standard form if the objective function is to be minimized, subject to the constraints where.