Management Sciences Quiz 0 Welcome to Shaheen Leader Academy We expect 100% result. Click on Start Button. Your time is Ended. Thanks Management Sciences Management Sciences Quiz 1 / 25 In a decision theory problem under complete uncertainty, which approach will not be possible:- maxmin minimax expected monetary value 2 / 25 A physical model is an example of:- an analogue model a mathematical model An iconic model a verbal model 3 / 25 What is true about Linear Programming Model:- none Both No guarantee to get integer valued solution The relationship among decision variable is linear 4 / 25 The equally likely decision criteria is also known as:- hurwicz minimax laplace bayes 5 / 25 ___________ variables are fictitious ;- Surplus variable Artificial variable Slack variable Decision variable 6 / 25 ________ is the duration by which an activity can be delayed without delaying the project:- total float slack earliest event time 7 / 25 Fr decision making under uncertainty, identify the decision rule that is appropriate for the optimist:- maximax laplace minimax 8 / 25 An activity which must be completed before commencement of one or more other activities is called:- Dummy activity Successor activity Predecessor activity 9 / 25 Queuing theory is also termed as:- Waiting line theory Game theory Replacement theory 10 / 25 _____________ are called mathematical models:- Symbolic models Analogue models Iconic models None of them 11 / 25 In simplex method, ____________ should be selected when there is tie between slack variable and decision variable:- Slack variable Surplus variable Decision variable 12 / 25 The outlet where the services are being provided to customer is called;- Idle facility Service faciility Waiting line 13 / 25 An event which represents the beginning of more than one activity is known as ____ event:- Net Merge Burst 14 / 25 A feasible solution to a linear programming problem must satisfy all problems constraints simultaneously:- False True 15 / 25 Which method is used to solve the mixed strategy problems:- Probability method Linear programming method Graphic method All of them 16 / 25 The variable whose coefficient vectors are unit vectors, are called:- Non basic variables Basic variables Unit variables 17 / 25 Constraint in LP problem are called ______ if they represent optimal solution:- active not active 18 / 25 _______ models are obtained by enlarging of reducing the size of items:- Analogue models Iconic models Symbolic models 19 / 25 Shadow price is also called a;- Unit price Total cost Dual price 20 / 25 _______ model is a map which indicates roads, highways, and inter relationships:- Mathematical model Analogue model Iconic models 21 / 25 ___________ theory is an important operation research technique to analyze the queuing behavior:- waiting line simulation net work decision 22 / 25 A linear programming model does not contain:- Spread sheet Constraints Decision Data 23 / 25 In____ models, everything is define and the results are certain:- Probabilistics None of them Deterministics Both a,b 24 / 25 ________ is known as father of game theory:- A K Erlang George b Dantzig Von Neumann 25 / 25 Alternative solutions exist of an LP model when:- none one of the constraint is rebundant objective function equation is parallel to one of the constraint both Your score is Restart quiz Subscribe our Channel Here