BUS406
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1. A branch of mathematical analysis used for decision making in conflict situations is referred to as _____
job Scheduling
Matrices
Game theory
Monte Carlo
2. Who developed the theory of Games?
John von Neumann,
Jonathan Gilbert
Oskar Morganstein
Gupta and Hira
3. In which of the methods of developing an initial basic feasible solution for a transportation problem does allocation commence with the cell that has the least unit cost and other subsequent method of allocation is similar to the North West Corner method?
Optimization Method
The North West Corner Method
The Least Cost Method
Vogels Approximation Method
4. _________ is an improvement on both the least cost and North West corner methods.
Optimization Method
The North West Corner Method
The Least Cost Method
Vogels Approximation Method
5. Which one of the following is not an assumption made in Sequencing Problem?
Only one operation can be carried out on a machine at a particular time.
There are more than one type of machine machine of each type.
There is only one machine of each type.
While processing, no job is given priority i.e. the order of completion of jobs has no significance. The processing times are independent of sequence of jobs.
6. _______ is the application of skills and knowledge and the use of tools and techniques applied to activities in a project to complete the project as defined in the scope.
Linear Programming
Project management
Estate Management
project evaluation
7. _________ has been called an accidental profession.
Business Management
Project Management
Linear Programming
Structural Management
8. Bar charts that show the relationship of activities over some time periods are known as _______
Bar Charts
Flow Graphs
Job Charts
Gantt charts
9. Which of the following is not a type of sequencing problem?
jobs are to be processed on two machines say machine A and machine B in the order AB. This means that the job is to be processed first on machine A and then on machine B.
jobs are to be processed on three machines A,B and C in the order ABC i.e. first on machine A, second on machine B and third on machine C.
jobs are to be processed on machines in the given order.
A job are to be processed at the same time and on different machines.
10. The following are types of assignment problems except ________
The Least Cost Method
Assigning the jobs to machines when the problem has square matrix to minimize the time required to complete the jobs
maximization type of assignment problem.
Traveling sales man problem
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