100% found this document useful (1 vote)
144 views53 pages

MTH601 Quiz-2 File by Vu Topper RM-1

Uploaded by

Ali Saab
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
100% found this document useful (1 vote)
144 views53 pages

MTH601 Quiz-2 File by Vu Topper RM-1

Uploaded by

Ali Saab
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 53

MTH-601 Operations Research

Update MCQS For Quiz-2 File


Solve By Vu Topper RM
85% To 100% Marks

For More Help Contact What’s app 03224021365


One of the properties of Linear Programming Model is that ------------.
A. it would not have any non-positive decision variable
B. All other choices are equally important
C. the objective function should be linear
D. the relationship between problem variables and constraints must be
linear

Under which of the following condition, the Economic Order Quantity


(EOQ) of Manufacturing Model with allowed Shortage can be
transformed into the same Model without Shortage?
A. When Shortage Cost is infinity
B. When Setup Cost is infinity
C. When Shortage Cost is zero
D. When Setup Cost is zero

If a manufacturer company produces two types of product say ‘A’ and


‘B’ in ‘x’ and ‘y’ quantity respectively then which of the following
would be the objective if the profit on one unit of ‘A’ is Rs.6 and on ‘B’
is Rs.11?
A. Min z =6x + 11y
B. Max z = 6x – 11y
C. Max z =66xy
D. Max z = 6x +11y

Which of the following would be the objective of the revenue in a


production of cell phones?
A. Average
B. Minimization
C. Inflection
D. Maximization

Which of the fiollowing is an intermediate step to model a linear


programming problem?

For More Help Contact What’s app 03224021365


A. Identify the non-negative restrictions and constraints
B. None of these
C. Identify the objective function
D. Identify the unknown decision variables

For an industrialist, optimization means ------------.


A. both maximizing its profit and minimizing its cost
B. minimizing its cost only
C. change the business strategy and looking forward new customers
D. maximizing its profit only

In a Linear Programming model, any constraint contains at least -----


variable.
A. arbitrary
B. three
C. two
D. one

A linear programming problem can be converted into a Transportation


problem by restricting the coefficients ‘aij’ to have the values----------.
A. either ‘0’ or ‘1’
B. One only
C. arbitrarily
D. Zero only

In a Linear Programming problem, the decision variable can assume any


value -----------.
A. zero or negative
B. non-zero
C. zero or positive
D. one

Which of the following is the meaning of ‘Linear’?

For More Help Contact What’s app 03224021365


A. Relationship between the variables is discrete line
B. Relationship between the variables is finite or infinite
C. Relationship between the variables is a straight line
D. Relationship between the variables is a curvilinear

In a Linear Programming model, any constraint contains at least -----


variable.
A. arbitrary
B. one
C. two
D. three

The word ‘Linear’ in Linear programming problem describes ------------


between two or more variables.
A. that a Correlation exists
B. an inverse proportionate relation
C. a recurrence relation
D. a direct proportionate relation

Which of the following is first step to model a linear programming


problem?
A. Identifying the unknown decision variables
B. Identifying the objective function
C. Identifying the non-negative constraints
D. Identifying all the restrictions

Linear Programming is the backbone of Operations Research models


due to---------.
A. its fantastic computational efficiency
B. unrestricted signs of decision variables
C. linearity of objective function and constraints
D. non-negativity of decision variables

For More Help Contact What’s app 03224021365


Which of the following is an operations research (OR) process?
A. Simplex method
B. Linear programming
C. Networking
D. Implementation

Choose the correct one for the project times that are used in project
management.
A. Latest start time, Latest finish time, PERT, Earliest finish time
B. Latest start time, Latest finish time, Earliest start time,
Earliest finish time
C. PERT, CPM
D. Latest start time, Latest finish time, Earliest start time, CPM

PERT is an acronym for ___________ .


A. Program Execution and Revenue Technique
B. Program Evaluation and Review Teacher
C. Program Evaluation and Review Technique
D. Performance Evaluation and Review Technique Observation

In a network flow diagram, for an activity (i,j) of duration of three days,


if its earliest start time is of two days then which of the following will be
its early finish time?
A. One and half day
B. Five days
C. Six days
D. One day

While finding the Critical Path, in the phase of Early Start and Early
Finish computations, we start from first event and proceed calculations
from left to right up to the ---------- event.
A. arbitrary
B. starting

For More Help Contact What’s app 03224021365


C. middle
D. list

In a development project, if an activity (q,r) of five days duration, starts


late on 2nd day then which of the following will be its latest finish time?
A. 7th
B. 4th
C. 10th
D. 3rd

Operations research (OR) is the application of _________ methods to


decision making.
A. engineering
B. quantitative
C. computing
D. all

If the variance of the project length = 25, expected and scheduled times
are 40 and 36 respectively, then the Standard Normal Variable of the
given project is-------------.
A. 0.16
B. .-0.80
C. -0.16
D. 0.80

PERT is an acronym for ___________ .


A. Program Evaluation and Review Teacher
B. Program Evaluation and Review Technique
C. Performance Evaluation and Review Technique Observation
D. Program Execution and Revenue Technique

Which of the following relation is correct for the Standard Deviation of


an activity times having optimistic, pessimistic and most likely values as

For More Help Contact What’s app 03224021365


4, 8 and 6 days respectively?
A. 7.111
B. 0.666
C. 0.1
D. 0.147

Which of the following is an operations research (OR) process?


A. Networking
B. Solution
C. Simplex method
D. Linear programming

In a development project, if an activity (m,n) of seven days duration,


starts late on 5rd day then which of the following will be its latest finish
time?
A. 12th
B. 5th
C. 7th
D. 5th or 7th

While finding the Critical Path, in the phase of Early Start and Early
Finish computations, we start from -------- event and proceed
calculations from left to right up to the final event.
A. arbitrary
B. last
C. middle
D. first

Which of the following is uncertain in PERT?


A. Activities’ precedence relation
B. Resources associated with each activity
C. Activities’ completion times
D. Activity Cost

For More Help Contact What’s app 03224021365


Which of the following distribution gives the probability of completing
the assigned project by considering the expected time of any activity as
random variable?
A. Poisson
B. Beta
C. Binomial
D. Normal

Which of the type of path will be critical in network flow diagram?


A. Any path from starting node to end node
B. Any path from starting node to end node with minimum cost
C. Longest path from starting node to end node
D. Shortest path from starting node to end node

In a network flow diagram, if two jobs ‘a(l,n)’ and ‘b(m,n)’ of ‘8’ and
‘9’ days durations respectively, start earlier simultaneously on 2nd day,
then the next activity containing ‘n’ as head event can’t start until the
entering activity_______________is completed.
A. m.n
B. l.n
C. m.l
D. l.m

In a network flow diagram, if two jobs ‘a(i,j)’ and ‘b(i,k)’ of ‘4’ and ‘3’
days duration, finish late simultaneously on 7th day, then on which of
the following day the event ‘i’ will finish earlier?
A. A.1
B. B.3
C. C.4
D. D.6

Question No:1 (Marks:1) Vu-Topper RM


There are _______ kinds of time calculations for a project.

For More Help Contact What’s app 03224021365


A. 2 types
B. 4 types
C. 6 types
D. 8 types

Question No:2 (Marks:1) Vu-Topper RM


Which of the following value is correct for the Variance of an activity
times having optimistic, pessimistic and most likely values as 4, 8 and 6
days respectively?
A. 0.1
B. 0.147
C. 0.666
D. 0.444

Question No:3 (Marks:1) Vu-Topper RM


A dummy activity is a simulated activity of sorts, one that is of
duration and is created for the sole purpose of demonstrating a
specific relationship and path of action on the arrow diagramming
method.
A. Minimum
B. Maximum
C. Average
D. Zero

Question No:4 (Marks:1) Vu-Topper RM


Activity definition refers to the process of parsing a project into a
number of individual tasks which must be completed __ the deliverables
can be considered completed. Activity definitions rely on a number of
specific input processes.
A. Before
B. After
C. Both before and after
D. None of the these

For More Help Contact What’s app 03224021365


Question No:5 (Marks:1) Vu-Topper RM
Best possible time estimate that a given activity would take under
normal conditions which often exist, is called
A. Pessimistic time estimate
B. Smallest time estimate
C. None of the above
D. Most likely time estimates

Question No:6 (Marks:1) Vu-Topper RM


While solving a LP by Simplex method, which of the following
corresponds to corner points of the feasible region in Graphical method?
A. Non-feasible solution
B. Basic feasible solution
C. Non-basic feasible solution
D. Non-negative solution

Question No:7 (Marks:1) Vu-Topper RM


In a network flow diagram, if an event is the predecessor of three other
events, then how many dummies are inevitable to include in the
network?
A. One
B. Two
C. Four
D. Three

Question No:8 (Marks:1) Vu-Topper RM


For finding the maximum profit in an enterprise of selling two products
such that freezing the sale of one product and keep selling the other.
This scenario is studied under.
A. Un-roundedness
B. Duality
C. Degeneracy
D. None of the these

For More Help Contact What’s app 03224021365


Question No:9 (Marks:1) Vu-Topper RM
Which of the following order pair would minimize the object function of
the linear programming problem: z=x+5y subject to x≥ 2, 𝑦 ≥ 0?
A. (2,3)
B. (2,0)
C. (0,3)
D. (0,2)

Question No:10 (Marks:1) Vu-Topper RM


A balanced transportation model with 5 number of source 7 destinations
has_ number of constraint equations.
A. 2
B. 12
C. 35
D. 20

Question No:11 (Marks:1) Vu-Topper RM


The cost coefficient of artificial variable in objective function is .
A. 0
B. 1
C. 2
D. M

Question No:12 (Marks:1) Vu-Topper RM


About which of the following it is true that, “they only signify with the
passage of time, the beginning and ending of some activities under no
consumption of resources” ?
A. Project
B. Nodes
C. Dummy
D. Branch

Question No:13 (Marks:1) Vu-Topper RM

For More Help Contact What’s app 03224021365


If we increase the inventory, then the shortage cost will decrease and the
carrying cost will ___
A. Remain constant
B. Increase
C. Also decrease
D. Uncertain

Question No:14 (Marks:1) Vu-Topper RM


In a Project Management, if the Critical activities of a network are
delayed then ___
A. Project finish time will have to extend
B. Project cost will increase
C. More resources have to employed
D. All above choices are equivalent

Question No:15 (Marks:1) Vu-Topper RM


If the economic order quantity and the annual demand of a product are
2500 and 5000 units respectively, then WITHOUT any shortage the time
between the consecutive orders is ___ months
A. 0.2
B. 2.50
C. 0.50
D. 1.50

Question No:16 (Marks:1) Vu-Topper RM


While solving a Linear Programming problem, the first step is ----------.
A. To obtain alternate solutions
B. To obtain basic feasible solutions
C. Formulation of the problem ok
D. Model building

Question No:17 (Marks:1) Vu-Topper RM

For More Help Contact What’s app 03224021365


A linear programming model has three basic components; the decision
variables, the Objective function and -------- .
A. Constraints ok
B. Unrestricted variables
C. Feasible solution
D. Artificial variable

Question No:18 (Marks:1) Vu-Topper RM


Which of the following is the major assumed difference between the
models of Purchasing and Manufacturing without shortage?
A. Replacement rate
B. Shortage
C. Demand
D. Item, Setup and Holding Costs

Question No:19 (Marks:1) Vu-Topper RM


For a development project, if its Standard Normal variable = 1.38,
expected and the scheduled durations of the project are 100 and 110
days respectively, then Variance in the project length is ___
A. -7.246
B. -52.50
C. 52.50
D. 7.246

Question No:20 (Marks:1) Vu-Topper RM


The draw back of the Graphical method to solve a LP is that the problem
of ___ can not be handled by this
A. Higher dimension(n>2)
B. Low dimension(n<3)
C. Duality
D. Degeneracy

Question No:21 (Marks:1) Vu-Topper RM

For More Help Contact What’s app 03224021365


In the phase of Late Start and Late Finish, to find the Critical Path in a
network flow diagram, which of the following will be taken as latest
finish time of the final event?
A. Early Start of the final event
B. Early finish of final event
C. Late start of the final event
D. Expected time of final event

Question No:22 (Marks:1) Vu-Topper RM


In resource leveling when two or more jobs complete for some resource
first try to allocate on activity which is of duration end next to the
activity which having next_ duration.
A. Most likely, pessimistic
B. Minimum, maximum
C. Maximum, Minimum
D. Optimistic most likely

Question No:23 (Marks:1) Vu-Topper RM


By putting the replacement rate ‘R?infinity’ in the Economic Order
Quantity(EOQ) of Manufacturing Model with allowed Shortage, then
the result is -----------.
A. EOQ of Purchasing Model without Shortage
B. EOQ of Manufacturing Model without Shortage
C. EOQ of Purchasing Model with allowed Shortage ok
D. None of the these

Question No:24 (Marks:1) Vu-Topper RM


Which of the following would be the objective of the efficiency of a
certain air conditioning system depending upon temperature ‘x’,
pressure ‘y’, moisture ‘w’ and cross-sectional area of outlet ‘u’?
A. Minimization
B. Inflection
C. Average

For More Help Contact What’s app 03224021365


D. Maximization

Question No:25 (Marks:1) Vu-Topper RM


In a project, a network diagram shows the ------------ relations of the
inter related activities along with their corresponding activity times.
A. Deterministic and probabilistic
B. Precedence or succession
C. Union and intersection
D. Dummy and artificial

Question No:26 (Marks:1) Vu-Topper RM


In Wilson’s model, Total cost = ___
A. Item cost + holding cost + shortage cost + setup cost
B. Item cost + holding cost + shortage cost
C. Holding cost + shortage cost + setup cost
D. Item cost + set up cost + holding cost

Question No:27 (Marks:1) Vu-Topper RM


For a development project, if its standard deviation of project length = 8,
expected and scheduled duration of the complete project are 50 and 45
days respectively, then which of the following will be the Standard
Normal Variable of the project?
A. -1.7677
B. -0.625
C. 0.625
D. 1.7677

Question No:28 (Marks:1) Vu-Topper RM


A/An ___ is the collection of inter related activities in particular
sequence to completion
A. Node
B. Event
C. Project

For More Help Contact What’s app 03224021365


D. Branch

Question No:29 (Marks:1) Vu-Topper RM


For a development project, if its Standard Normal variable = 1.38,
expected and the schedule durations of the project are 100 and 110 days
respectively, then the Standard Deviation in the project length is ___
A. 7.246
B. -7.246
C. -52.50
D. 52.50

Question No:30 (Marks:1) Vu-Topper RM


If for path 1-3-4 time is 5+3=8, for path 1-2-3-4 time is 6+7+3=16 days
and for path 1-2-4 time is 6+6 = 12 days, then which of the following is
true
A. 1-3-4 is critical path
B. 1-2-4 is critical path
C. 1-2-3-4 is critical path
D. 1-4 is critical path

Question No:31 (Marks:1) Vu-Topper RM


In Project Management, Program Evaluation and Review Technique
(PERT) is based on ------------- times.
A. Deterministic
B. Probabilistic
C. Stochastic
D. Serial

Question No:32 (Marks:1) Vu-Topper RM

For More Help Contact What’s app 03224021365


Which of the following is the major objective of the ABC analysis of
inventory?
A. To fulfill the demand of items
B. To replace the required items in proper time
C. To control the inventories
D. To classify the items in different categories

Question No:33 (Marks:1) Vu-Topper RM


Which of the following phases are performed to find the critical path in
CPM?
A. Forward and Backward (Early and Late finish program)
B. Program Evaluation and Review
C. Resource Scheduling and Allocation
D. Precedence and succession

Question No:34 (Marks:1) Vu-Topper RM


Which of the following value is correct for the expected time of an
activity having optimistic, pessimistic and most likely times as 4, 8 and
6 days respectively?
A. 6.66 days
B. 9.33 days
C. 6 days
D. 4.66 days

Question No:35 (Marks:1) Vu-Topper RM


Which of the following category of items in ABC analysis needs special
attention by the management?
A. A category ok
B. B category
C. C category
D. All categories need equal and fair attention

Question No:36 (Marks:1) Vu-Topper RM

For More Help Contact What’s app 03224021365


Which of the following correspond to the practical limitations of
available resources while modeling a real life situation into a linear
program?
A. Objective function
B. Constraints
C. Decision variables ok
D. Linear function

Question No:37 (Marks:1) Vu-Topper RM


While identifying the Critical Path of a network flow diagram, the Late
Start and Late Finish phase confirms that project start time
is____________.
A. Serial
B. Zero
C. Infinity
D. Arbitrary

Question No:38 (Marks:1) Vu-Topper RM


In PERT, the possible variation in activity times is measured from
Standard Deviation which is ___ of the difference between Pessimistic
and Optimistic times
A. One sixth
B. One fourth
C. One third
D. One fifth

Question No:39 (Marks:1) Vu-Topper RM


Which of the following property ensures that the decision variables can
be divided into any fractional levels so that the rational (fractional)
values for the decision variables are permitted?
A. Deterministic
B. Additivity
C. Proportionality

For More Help Contact What’s app 03224021365


D. Divisibility

Question No:40 (Marks:1) Vu-Topper RM


Which of the following is the objective of Project Management by using
PERT and CPM methods, for any project subject to resource
constraints?
A. To minimize the project time
B. To maximize the total project profit
C. To minimize the total project cost
D. To minimize the resource constraints

Question No:41 (Marks:1) Vu-Topper RM


If we increase the inventory, then the shortage cost will ___
A. Remain constant
B. Increase
C. Decrease
D. Uncertain

Question No:42 (Marks:1) Vu-Topper RM


In PERT, the possible variation in activity times can be measured from
___ of the corresponding Beta Distribution
A. Variance
B. Mean
C. Expected Time
D. Standard Deviation

Question No:43 (Marks:1) Vu-Topper RM


In the phase of Early Start and Early Finish, to find the Critical Path in a
network flow diagram, the computations are proceeded from ___ to the
Final event.
A. Bottom to top
B. Right to left
C. Left to right

For More Help Contact What’s app 03224021365


D. Top to bottom

Question No:44 (Marks:1) Vu-Topper RM


In a network flow diagram, for an activity (i, j) of duration of three days,
if its earliest start time is of two days then which of the following will be
its early finish time?
A. Six days
B. One day
C. Five days
D. One and half day

Question No:45 (Marks:1) Vu-Topper RM


In an optimization problem, we seek for maximizing or minimizing a
specific quantity, called the ___
A. Decision variables
B. Constraints
C. Feasible solution
D. Objective function

Question No:46 (Marks:1) Vu-Topper RM


Modeling of a Linear Programming problem from a real life world is
a/an ------ .
A. Art ok
B. Science
C. Engineering
D. Technology

Question No:47 (Marks:1) Vu-Topper RM


In a Linear Programming problem which of following condition is
compulsory?
A. Least Objective function needs to be linear
B. Least constraints need to be linear
C. Both Objective function and constraints need to be linear ok

For More Help Contact What’s app 03224021365


D. Neither objective nor constraints to be linear

Question No:48 (Marks:1) Vu-Topper RM


In a network flow diagram, the precedence relationship among the
activities is indicated through ___
A. Project
B. Branch
C. Dummy
D. Nodes

Question No:49 (Marks:1) Vu-Topper RM


Which of the following is true about the Manufacturing model without
Shortage?
A. Demand rate = Replacement rate
B. Demand rate > Replacement rate
C. Demand rate < Replacement rate
D. None of the above

Question No:50 (Marks:1) Vu-Topper RM


In a development project, if an activity (i,j) of six days duration, starts
late on 3rd day then which of the following will be its latest finish time?
A. 9th day
B. 2nd day
C. 3rd day
D. 18th day

Question No:51 (Marks:1) Vu-Topper RM


In the relation of finding the expected time of an activity, most likely
time is weighted more than the other optimistic and pessimistic times and
these exist in the ratio of --.
A. 6:1
B. 2:1
C. 4:1

For More Help Contact What’s app 03224021365


D. 3:1

Question No:52 (Marks:1) Vu-Topper RM


In Project Management, Critical Path method is based on -------------
times.
A. Deterministic
B. Probabilistic
C. Stochastic
D. Serial

Question No:53 (Marks:1) Vu-Topper RM


The network flow diagrams for PERT and CPM are same except for -----
------.
A. Dummy activities
B. Critical Path
C. Initial and final events
D. Activity times

Question No:54 (Marks:1) Vu-Topper RM


Which of the following Probabilistic time in PERT has the same
analogical meaning of Deterministic time (time to complete any activity)
inCPM?
A. Expected
B. Optimistic
C. Pessimistic
D. Most Likely

Question No:55 (Marks:1) Vu-Topper RM


The task which is executed by the usage of resources and time is
called________. Select correct option..
A. Node
B. Event
C. Project

For More Help Contact What’s app 03224021365


D. Activity

Question No:56 (Marks:1) Vu-Topper RM


In a network flow diagram, two jobs (i,j) and (i,k) of ‘9’and ‘6’ days
duration leaves the node ‘i’ then which of the following will be Late start
time for ‘i’, if it is provided that both (i,j) and (i,k) finish late on 12th
and 8th day respectively?
A. 6th day
B. 2nd day
C. 3rd day
D. 1st day

Question No:57 (Marks:1) Vu-Topper RM


A Critical Path in a network flow diagram-----.
A. Is unique
B. May at most two
C. None of the above
D. Depends on number of dummies may be multiple

Question No:58 (Marks:1) Vu-Topper RM


While solving a network flow problem by PERT, which of the following
type of time will be used to measure the length of Critical Path?
A. Pessimistic
B. Expected
C. Most Likely
D. Optimistic

Question No:59 (Marks:1) Vu-Topper RM


For any activity (i,j), if , a) Earliest start time of ‘i’ = Latest finish time
of ‘i’, b) Earliest start time of ‘j’ = Latest finish time of ‘j’, c) difference
of Earliest start times of events ‘i’ and ‘’j = difference of Latest finish

For More Help Contact What’s app 03224021365


times of events ‘i’and ‘j’ = time to complete the job, then the activity (i,j)
is said to be.
A. Dummy
B. Critical
C. Non-Critical
D. None of the above

Question No:60 (Marks:1) Vu-Topper RM


In a project, a network diagram shows the precedence relations of inter
related activities along with their corresponding activity --.
A. Times
B. Cost
C. Profit
D. Quantity

Question No:61 (Marks:1) Vu-Topper RM


Which of the following relation is true among the probabilistic times in
PERT?
A. Most Likely < Optimistic < Pessimistic
B. Optimistic < Most Likely < Pessimistic
C. Most Likely < Pessimistic < Optimistic Pessimistic
D. < Most Likely < Optimistic

Question No:62 (Marks:1) Vu-Topper RM


In a network flow diagram, for an activity (i,j) of six days duration, if its
Late Finish time is of nine days, then which of the following will be its
Late Start time?
A. Twelve days
B. Fifteen days
C. Three days
D. Six days

Question No:63 (Marks:1) Vu-Topper RM

For More Help Contact What’s app 03224021365


In a network flow diagram, which of the following method through
computations provides, I) start and completion times for each activity, ii)
critical and non-critical activities and iii) total and free slacks?
A. Resource Scheduling
B. Resource Allocation
C. PERT
D. CPM

Question No:64 (Marks:1) Vu-Topper RM


In the phase of Early Start and Early Finish, to find the Critical Path in a
network flow diagram, for the first node(event), we start with time --.
A. t = infinity
B. t = 0
C. t = a (arbitrary)
D. With strict positive value

Question No:65 (Marks:1) Vu-Topper RM


If an activity has non-zero value of total float such that it can be further
delayed to the length of slack without delaying the project, then it is said
to be ---------
A. Critical
B. Dummy critical
C. Non-Critical
D. None of the above

Question No:66 (Marks:1) Vu-Topper RM


In a network flow diagram, if two jobs ‘a(l,n)’ and ‘b(m,n)’ of ‘7’ and
‘8’ days durations respectively, start earlier simultaneously on 4th day,
then the next activity containing ‘n’ as head event can’t start until the
entering activity -------------- is completed.
A. (m,n)
B. (l,n)
C. (m,l)

For More Help Contact What’s app 03224021365


D. (l,m)

Question No:67 (Marks:1) Vu-Topper RM


Which of the following correspond to the practical limitation of
available resource while modeling a real-life situation into a linear
program?
A. Constraints
B. Objective function
C. Linear function
D. Decision variables

Question No:68 (Marks:1) Vu-Topper RM


In the graph of the purchasing model with shortages the area under the
horizontal axis represents_ .
A. Set up cost of item
B. Purchase cost of item
C. Carrying cost of item
D. Shortage cost of item

Question No:69 (Marks:1) Vu-Topper RM


The straight line associated with the constraints 2x+3y<12 will meet x-
axis at a distance of_ units from origin.
A. 2
B. 4
C. 6
D. 3

Question No:70 (Marks:1) Vu-Topper RM


In a network flow a diagram for an activity(I,j) of duration of three days
if its earliest start time is of two days then which of the following will be

For More Help Contact What’s app 03224021365


its early finish time?
A. One and half day
B. One day
C. Six days
D. Five days

Question No:71 (Marks:1) Vu-Topper RM


In a development project. If an activity (m,n) of seven days duration
starts late on 5rd day then which of the following will be its latest finish
time?
A. 7th day
B. 5th or 7th day
C. 12th day
D. 5th day

Question No:72 (Marks:1) Vu-Topper RM


Which of the following is an intermediate step to model a linear
programming problem?
A. Identify the objective function.
B. Identify the non-negative restrictions and constraints
C. Identify the unknown decision variables
D. None of the these

Question No:73 (Marks:1) Vu-Topper RM


A/An is the collection of inter related activities to be performed in a
particular sequence to completion.
A. Project
B. Branch
C. Event
D. Node

Question No:74 (Marks:1) Vu-Topper RM


Which of the following is an operation research (OR) process?

For More Help Contact What’s app 03224021365


A. Simplex method
B. Linear programming
C. Observation
D. Networking

Question No:75 (Marks:1) Vu-Topper RM


In the purchasing Model with shortages the cost function C(S,Q) can
also be expressed as function of .
A. (S, D)
B. (Q, D)
C. (S. T)
D. (T, D)

Question No:76 (Marks:1) Vu-Topper RM


Which of the following would be the objective of the yield per minute in
a chemical process which depends upon the temperature ‘x’ and pressure
‘y’?
A. Minimization
B. Inflection
C. Maximization
D. Average

Question No:77 (Marks:1) Vu-Topper RM


Which one of the following is not an operations research problem
solving steps?
A. Observation
B. Definition of the problems
C. Variable selections
D. Model construction

Question No:78 (Marks:1) Vu-Topper RM

For More Help Contact What’s app 03224021365


In the Dynamic order Quantity if the ratio of setup and carrying costs is
500 and the demands of 2nd and 3rd months are 50 and 130 respectively
then which of the following is true about the 2nd months requirement?
A. 2nd month demand can be included in 1st month
B. 2nd month demand can be included in 3rd month
C. 2nd month demand can be included in any month of the year
D. 2nd month demand will have to fulfill in 2nd month

Question No:79 (Marks:1) Vu-Topper RM


The mathematical technique which is used to solve a wide class of
problems such as allocating scarce resources among competitive
activities is known as --------.
A. Classical model
B. Descriptive model
C. Linear programming model ok
D. Mathematical model

Question No:80 (Marks:1) Vu-Topper RM


Which of the following would be the objective of the cost per unit of
producing certain cameras?
A. Average
B. Minimization ok
C. Inflection
D. Maximization

Question No:81 (Marks:1) Vu-Topper RM


In CPM each activity has one deterministic time while in PERT each
activity has -----------probabilistic time/times.
A. Three
B. Also, one
C. Two
D. No

For More Help Contact What’s app 03224021365


Question No:82 (Marks:1) Vu-Topper RM
In the phase of early start and early finish to find the critical path in a
network flow diagram the computation are proceeded from_ to the final
event.
A. Left to right
B. Bottom to top
C. Top to bottom
D. Right to left

Question No:83 (Marks:1) Vu-Topper RM


In a development project, if an activity(I,j) of six days duration starts
late on 3rd day then which of the following will be its latest finish time?
A. 18th day
B. 9th day
C. 3rd day
D. 2nd day

Question No:84 (Marks:1) Vu-Topper RM


If the annul demand of a product is 10000 items , and its set up and
inventory costs are 200 and 100 respectively then its economic order
quantity is provided that shortage is fulfilled INSTANTANEOUSLY.
A. 200units
B. 20000units
C. 40000units
D. 100 units

Question No:85 (Marks:1) Vu-Topper RM


For a LP problem say,Max.z=x+y, under the condtraints xy>=0 the
feasible region would be .
A. All the first quadrant
B. All xy-plane
C. Empty
D. Point (0,0)

For More Help Contact What’s app 03224021365


Question No:86 (Marks:1) Vu-Topper RM
By which of the following method any complex linear programming
problem can be handled?
A. Degenerate method
B. Graphical method
C. Simplex method
D. Dual method

Question No:87 (Marks:1) Vu-Topper RM


In the phase of Early start and early finish to find the critical path in a
network flow diagram flow diagram, for the first node(event) we start
will time.
With strict positive value
A. T-0
B. T=a(arbitary)
C. T=infinity
D. None of the above

Question No:88 (Marks:1) Vu-Topper RM


Which of the following event has no immediate predecessor in any
network flow diagram?
A. Critical Event
B. Head Event
C. Tail Event
D. Non_criticalmevent

Question No:89 (Marks:1) Vu-Topper RM


For critical path of a network which of the following is the best suitable
answer.
A. Its total float is zero
B. Its free float is zero
C. All of the above

For More Help Contact What’s app 03224021365


D. Its independent float is zero

Question No:90 (Marks:1) Vu-Topper RM


Which of the following quantity will vary in case of Dynamic Order
Quantity Model?
A. Setup Cost
B. Carrying Cost
C. Item Cost
D. Demand ok

Question No:91 (Marks:1) Vu-Topper RM


Which of the following will be annual optimum cost of a product if the
number of annual orders without any shortage is 25 and the total cpst of
onecycle is 10,000?
A. Rs.400
B. Rs.10025
C. Rs.9975
D. Rs.250000

Question No:92 (Marks:1) Vu-Topper RM


Which of the following would be the objective of the daily loss of heat in
a heating system?
A. Maximization ok
B. Minimization
C. Inflection
D. Average

Question No:93 (Marks:1) Vu-Topper RM


While applying Simplex method to a LP of minimization type, we
proceed stepwise from one _ solution to another in such away that the
objective function always increase its value.
A. Optimal
B. Non-basic feasible

For More Help Contact What’s app 03224021365


C. Basic feasible
D. Degenerate

Question No:94 (Marks:1) Vu-Topper RM


Solution of a Linear programming problem is found by methods.
A. Analytical
B. Probabilistic
C. Average
D. Pare algebraic

Question No:95 (Marks:1) Vu-Topper RM


Critical path in a network flow diagram_ _.
A. Is unique
B. May at most two
C. Depends on number of dummies
D. May be multiply

Question No:96 (Marks:1) Vu-Topper RM


In the dynamic order quality problem, the demands of all succeeding
months can be included in the demand of preceding one provide that.
A. Item and holding costs are balanced
B. Shortage and setup costs are balanced
C. Setup and holding costs are balanced
D. Shortage and item costs are balanced

Question No:97 (Marks:1) Vu-Topper RM


In the ABC analysis, the items are classified into three categories with
respect their--------------.
A. Cost value
B. Demand value ok
C. Turn over value
D. Mark up value

For More Help Contact What’s app 03224021365


Question No:98 (Marks:1) Vu-Topper RM
If for path 1-3-4 times is 5+3-8 days for path 1-2-3-4 time is 6+7+3-16
days and for path 1-2-4 time is 6+6-12 days then which of the
followings id ture.
A. 1-3-4 is critical path
B. 1-2-4 is critical path
C. 1-2-3-4 is critical path
D. 1-4 is critical path

Question No:99 (Marks:1) Vu-Topper RM


In which of the following model the carrying cost per unit of time is
reduced in the ratio (1-D/R):1?
A. Purchasing model without shortage
B. Manufacturing model without shortage
C. Purchasing model with allowed shortage
D. Manufacturing Model with allowed shortage

Question No:100 (Marks:1) Vu-Topper RM


The objective function and together from a linear programming
problem.
A. A set off constraints
B. Unrestricted variables
C. Feasible region
D. Optimal solution

Question No:101 (Marks:1) Vu-Topper RM


Which of the following property must be satisfied by a linear
programming model?
A. Sensitivity
B. Negativity
C. Additively

For More Help Contact What’s app 03224021365


D. Probability

Question No:102 (Marks:1) Vu-Topper RM


In pert the possible variation in activity can be measured from------of the
corresponding beta distribution.
A. Variance
B. Mean
C. Expected time
D. Standard deviation

Question No:103 (Marks:1) Vu-Topper RM


Which of the following is not a categories of the operation research
(OR) techniques?
A. Linear mathematical programming technique
B. Feasible solution
C. Inventory techniques
D. Networking techniques

Question No:104 (Marks:1) Vu-Topper RM


In a project management if the critical activities of a network are
delayed then
A. Project finish time have to extend
B. Project cost will increase
C. More resource has to employed
D. All above choices are equivalent

Question No:105 (Marks:1) Vu-Topper RM


EST and EFT of activities are calculated in
A. Forward pass
B. Backward pass
C. None of the above

For More Help Contact What’s app 03224021365


D. Path does not affect

Question No:106 (Marks:1) Vu-Topper RM


may be less than most likely time estimate
A. Pessimistic time estimate
B. Smallest time estimate
C. Optimistic Time estimate
D. None of the above

Question No:107 (Marks:1) Vu-Topper RM


If an activity consumes no time and no resources then this activity is
called
A. Dummy activity
B. Sequential activity
C. Critical activity
D. Cyclic activity

Question No:108 (Marks:1) Vu-Topper RM


The following network is an example of
A. Redundancy
B. Dangling
C. Cycling
D. Dummy

Question No:109 (Marks:1) Vu-Topper RM


Which one is best describe Micro Economic Planning?
A. Distribution of fertilizer
B. Improving the layout of a workshop in a company
C. Investment planning of the country
D. PERT

For More Help Contact What’s app 03224021365


Question No:110 (Marks:1) Vu-Topper RM
If t0 = 6, tm = 12 and tp = 18, then Vt=
A. 12
B. 22
C. 4
D. 144

Question No:111 (Marks:1) Vu-Topper RM


Which inventory model also known as a saw tooth model?
A. Purchasing Model with no shortages
B. Purchasing Model with shortages
C. Manufacturing Model with no shortages
D. None of the above

Question No:112 (Marks:1) Vu-Topper RM


Manufacturing Model with shortages 61- For backward pass
computations.
A. Earliest start time Latest start time
B. Earliest start time Latest start time
C. Earliest start time Latest start time = 0
D. Earliest start time Latest start time

Question No:113 (Marks:1) Vu-Topper RM


For an activity if optimistic time, most likely time estimate and
pessimistic time estimate are 3, 6 and 15 respectively then expected time
is
A. 4
B. 3
C. 7
D. 20

Question No:114 (Marks:1) Vu-Topper RM

For More Help Contact What’s app 03224021365


In a quadratic programming problem unlike linear programming
problem.
A. Only objective function is quadratic
B. Both objective function and constraints are quadratic
C. Only constraints are quadratic
D. At least one of objective function or constraint must be
quadratic

Question No:115 (Marks:1) Vu-Topper RM


A forward pass is used to determine and calculate the----dates,---through
utilization of a previously specified start date.
A. Early start and early finish
B. Late start and early finish
C. Early start and late finish
D. Late start and late finish

Question No:116 (Marks:1) Vu-Topper RM


Total cost per period = Item cost + Order cost + Holding cost +.
A. Shortage cost
B. None of the above
C. Optimum Shortage (S*)
D. Economic Order Quantity. (Q*)

Question No:117 (Marks:1) Vu-Topper RM


Maximum Inventory. (I max.) 69- K= Z x (_ _ _)
Where K is called service factor
A. √𝜋/2
B. √2/𝜋
C. √2𝜋/3
D. √3𝜋/2

For More Help Contact What’s app 03224021365


Question No:118 (Marks:1) Vu-Topper RM
Employs a different modeling and solution logic than linear
programming
A. Transportation Model
B. Inventory Control Model
C. Dynamic Programming
D. None of above

Question No:119 (Marks:1) Vu-Topper RM


Critical path is obtained by connecting the jobs having
A. Activities having same EST and LST
B. Activities having same EFT and LFT
C. Activities having zero slack
D. All of the above

Question No:120 (Marks:1) Vu-Topper RM


In LP problems Additively means that
A. The effect of two different programs of production is the same
as that of a joint program
B. The doubling (or tripling) the product will exactly double (or
triple) the profit and the required resource.
C. Both (a)& (b)
D. None of the

Question No:121 (Marks:1) Vu-Topper RM


Two of the first steps of OR process encompass the actual use of OR
techniques. These steps are
A. Model Construction and Model Solution
B. Observation and Implementation
C. None of the above
D. Definition of the problem and Model Solution

For More Help Contact What’s app 03224021365


Question No:122 (Marks:1) Vu-Topper RM
Model Solution and Implementation of results
Let FS = Free Slack, TS = Total Slack, INDS = Independent Slack, then
which relation is true
A. TS ≤ FS
B. INDS ≤ FS
C. FS ≤ TS
D. Both (b) & (c)

Question No:123 (Marks:1) Vu-Topper RM


Standard Deviation S.D is
A. One sixth of the difference between pessimistic time estimates
and optimistic time estimates
B. One sixth of the difference between pessimistic time estimates and
most likely time estimates
C. One sixth of the difference between optimistic time estimates and
most likely time estimates
D. One sixth of the difference between most likely time estimates and
optimistic time estimates

Question No:124 (Marks:1) Vu-Topper RM


If both jobs ‘a(l,n)’ and ‘b(m,n)’ of ‘7’ and ‘8’ days durations
respectively, start earlier simultaneously on 4th day, then ‘n’ can start
earlier on -----------day.8th
A. 11th
B. 15th
C. 12th

Question No:125 (Marks:1) Vu-Topper RM


A requirement for the definition of the problem in OR is that
______must be clearly defined which helps to focus attention on what
the problem is
A. Objective

For More Help Contact What’s app 03224021365


B. Subjective

Question No:126 (Marks:1) Vu-Topper RM


In a network flow diagram, time follows from_________
A. Left to right
B. Right to left

Question No:127 (Marks:1) Vu-Topper RM


In a national highway system intersection of two or more roads has the
same analogy as the ____in the network flow diagram.
A. Node
B. Point

Question No:128 (Marks:1) Vu-Topper RM


In ______, activity time estimates are distributed according to beta
distribution
A. PERT
B. Critical

Question No:129 (Marks:1) Vu-Topper RM


In a transportation problem the objective function 'Z’ gives .
A. Total Cost of transportation
B. Total time of transportation

Question No:130 (Marks:1) Vu-Topper RM


In two phase method process, first phase the sum of artificial
variables.
A. Minimize
B. Maximize

Question No:131 (Marks:1) Vu-Topper RM

For More Help Contact What’s app 03224021365


Which of the following difficult may found while attempting an LP
problem by M-method?
A. It often leads to infeasible
B. Computational error due to large value of m

Question No:132 (Marks:1) Vu-Topper RM


Dual of a Dual is--------.
A. Primal
B. Dual

Question No:133 (Marks:1) Vu-Topper RM


Shortcoming of Big M method is that the value of M could be _.
A. Very small
B. Very large

Question No:134 (Marks:1) Vu-Topper RM


In simple method to solve an LP problem gauss Jordan Elimination
method demands that all the key column enters should be zero except.
A. 1st row entry
B. Key row

Question No:135 (Marks:1) Vu-Topper RM


Which of the following technique to solve the network flow diagrams is
activity oriented?
A. Programmer evaluation and review technique
B. Critical path method

Question No:136 (Marks:1) Vu-Topper RM


Under which of the following condition, a mathematical Program would
be non-linear?
A. If least objective function is non-linear
B. If both objective function and constraints are non-linear ok

For More Help Contact What’s app 03224021365


Question No:137 (Marks:1) Vu-Topper RM
The amount of the inventory will always taken to be _.
A. Negative
B. Positive

Question No:138 (Marks:1) Vu-Topper RM


Solution region of the constraints 2x+3y>12 or 6x+9y=36 Will be the
half plane bisected by 2x+3y=12.
A. Excluding
B. Including

Question No:139 (Marks:1) Vu-Topper RM


Solution region of the constraints :2x+3y>12 and 2x+3y<12 will be the.
Point (6,4) Straight line:2x+3y-12
A. Empty set
B. All first quadrant

Question No:140 (Marks:1) Vu-Topper RM


Which of the following method follows iterative procedure to solve a
linear programming problem?
A. Graphical
B. Algebraic

Question No:141 (Marks:1) Vu-Topper RM


Wilson’s model (Purchasing model with no shortages) is of the ___ type.
A. Probabilistic
B. Deterministic

Question No:142 (Marks:1) Vu-Topper RM


Which of the following will be an example of degenerate basic feasible
solution for an LP problem?
A. (2,3-1)
B. (0,2,1)

For More Help Contact What’s app 03224021365


Question No:143 (Marks:1) Vu-Topper RM
Under which of the following condition to solve an LP by using two
phase method we can’t proceed for 2nd phase?
A. Object function of 1st phase has zero value
B. Object function of 1st phase has positive value

Question No:144 (Marks:1) Vu-Topper RM


Which of the following times are directly to the activity cost that is by
reducing the activity duration the direct cost of the corresponding
activity is increased?
A. PERT Times
B. CPM Times

Question No:145 (Marks:1) Vu-Topper RM


The first step in a problem-solving exercise in OR is the ________that
exist in the system.
A. Construction of the model of problem
B. None of the these

Dummy activity is represented by _______ .


A. doted line
B. left to right arrow
C. doted line with right to left arrow
D. doted line with left to right arrow

For More Help Contact What’s app 03224021365


Question # 1 of 10 ( Start time: 03:56:10 PM ) Total Marks: 1
In the Purchasing Model with Shortages the Cost Function ‘C(S,Q)’ can also be
expressed as function of --------------.
Select correct option:
(t,D)
(Q,D)
(S,t)
(S,D)

Question # 2 of 10 ( Start time: 03:57:35 PM ) Total Marks: 1


Under which of the following condition the economic order quantity in case of
Purchasing Model with Shortage can be transformed into Purchasing Model with no
Shortage?
Select correct option:
When shortage Cost tends to zero
When Shortage Cost tends to infinity
When Carrying Cost tends to zero
When Carrying Cost tends to infinity

Question # 3 of 10 ( Start time: 03:58:39 PM ) Total Marks: 1


If the demand of an item is occurred in the period of stock out and it is satisfied at the
beginning of the next cycle then such type of problem will discuss under which of the
following?
Select correct option:
Purchasing Model with shortages
Purchasing Model with no shortages

Question # 4 of 10 ( Start time: 03:59:39 PM ) Total Marks: 1


By putting the Replacement Rate ‘R?Infinity’ and Shortage Cost ‘C4?Infinity’ in the
Economic Order Quantity(EOQ) of Manufacturing Model with allowed Shortage, then
the result is -----------
Select correct option:
EOQ of Wilson’s Model
EOQ of Manufacturing Model without Shortage
EOQ of Purchasing Model with allowed Shortage
Invariant

Question # 5 of 10 ( Start time: 04:00:56 PM ) Total Marks: 1


In the graph of Purchasing Model with shortages, the area above the horizontal axis
represents -----------.
Select correct option:
set up cost of item
shortage cost of item
purchase cost of item
carrying cost of item

For More Help Contact What’s app 03224021365


Question # 6 of 10 ( Start time: 04:02:13 PM ) Total Marks: 1
Which of the following is the is major assumed difference between the models of
Purchasing and Manufacting without shortage ?
Select correct option:
Replacement rate
Shortage
Demand
Item, Setup and Holding Costs

Question # 7 of 10 ( Start time: 04:03:29 PM ) Total Marks: 1


The Economic Order Quantity in case of Manufacturing Model without Shortage can
be transformed into Purchasing Model without Shortage by which of the following
substitution?
Select correct option:
When Replacement rate ‘R’ approaches zero
When Replacement rate ‘R’ approaches infinity
When Demand rate approaches zero
When Demand rate approaches infinity

Question # 8 of 10 ( Start time: 04:04:36 PM ) Total Marks: 1


In the Dynamic Order Quantity problem if the ratio of Setup and Carrying Costs is ‘500’
and the Demands of 2nd and 3rd months are 50 and 120 respectively then which of
the following is true about the 2nd month’s requirment?
Select correct option:
2nd month demand can be included in 1st month
2nd month demand will have to fulfill in 2nd month
2nd month demand can be included in 3rd month
2nd month demand can be included in any month of the year

Quiz Start Time: 03:56 PM


Time Left 88
sec(s)
Question # 9 of 10 ( Start time: 04:05:25 PM ) Total Marks: 1
Which of the following category of items in ABC analysis has the maximum Holding
Cost?
Select correct option:
A category
B category
C category
All categories’’ items have equal Holding Costs

Quiz Start Time: 03:56 PM


Time Left 89
sec(s)
Question # 10 of 10 ( Start time: 04:05:47 PM ) Total Marks: 1
For ABC analysis, in the Random Sample of some items, the ranks to the items are

For More Help Contact What’s app 03224021365


assigned with respect to their ----------------.
Select correct option:
lowest annual unit cost
largest annual unit cost
lowest annual usage value
largest annual usage value

Quiz Start Time: 04:18 PM


Time Left 86
sec(s)
Question # 1 of 10 ( Start time: 04:18:31 PM ) Total Marks: 1
In the Dynamic Order Quantity problem if the ratio of Setup and Carrying Costs is ‘500’
and the Demands of 2nd and 3rd months are 50 and 130 respectively then which of
the following is true about the 2nd month’s requirment?
Select correct option:
2nd month demand can be included in 1st month
2nd month demand will have to fulfill in 2nd month
2nd month demand can be included in 3rd month
2nd month demand can be included in any month of the year
[4:19:35 PM] Abu Bakar:
BC100401595 : Abubakar Khalid

Question # 2 of 10 ( Start time: 04:19:29 PM ) Total Marks: 1


A single cycle consists of two phases in case of “Manufacturing without Shortage ”,
then which of the following is the first phase?
Select correct option:
Withdrawal of items from inventory at constant rate in per unit of time
The inventory is assembled at constant rate per unit of time

Question # 3 of 10 ( Start time: 04:20:21 PM ) Total Marks: 1


Which of the following is the is major assumed difference between the models of
Purchasing and Manufacting without shortage ?
Select correct option:
Replacement rate
Shortage
Demand

Quiz Start Time: 04:18 PM


Time Left 88
sec(s)
Question # 4 of 10 ( Start time: 04:20:39 PM ) Total Marks: 1
In the Dynamic Order Quantity problem if the ratio of Setup and Carrying Costs is ‘500’
and the Demands of 2nd and 3rd months are 50 and 120 respectively then which of
the following is true about the 2nd month’s requirment?
Select correct option:
2nd month demand can be included in 1st month

For More Help Contact What’s app 03224021365


2nd month demand will have to fulfill in 2nd month
2nd month demand can be included in 3rd month
2nd month demand can be included in any month of the year

Question # 5 of 10 ( Start time: 04:21:56 PM ) Total Marks: 1


In which of the following model, the Carrying Cost per unit of time is reduced in the
ratio (1-D/R):1 ?
Select correct option:
Purchasing Model without Shortage
Manufacturing Model without Shortage
Purchasing Model with allowed Shortage
Manufacturing Model with allowed Shortage

Question # 6 of 10 ( Start time: 04:23:22 PM ) Total Marks: 1


In the Dynamic Order Quantity problem, the Demands of all succeeding months can be
included in the demand of preceding one provided that ------------.
Select correct option:
Item and Holding Costs are balanced
Shortage and Setup Costs are balanced
Setup and Holding Costs are balanced
Shortage and Item Costs are balanced

Question # 7 of 10 ( Start time: 04:23:45 PM ) Total Marks: 1


By putting the replacement rate ‘R?infinity’ in the Economic Order Quantity(EOQ) of
Manufacturing Model with allowed Shortage, then the result is -----------.
Select correct option:
EOQ of Purchasing Model without Shortage
EOQ of Manufacturing Model without Shortage
EOQ of Purchasing Model with allowed Shortage
invariant

Question # 8 of 10 ( Start time: 04:24:58 PM ) Total Marks: 1


In the graph of Purchasing Model with shortages, the area above the horizontal axis
represents -----------.
Select correct option:
set up cost of item
shortage cost of item
purchase cost of item
carrying cost of item

Quiz Start Time: 04:18 PM


Time Left 85
sec(s)
Question # 9 of 10 ( Start time: 04:26:27 PM ) Total Marks: 1
If the purchases are made in large quantities then the Economic Order Quanti ty model
may fail because --------------.
Select correct

For More Help Contact What’s app 03224021365


option:
the Holding Cost will increase
the Holding Cost will decrease
the Setup Cost will increase
the Setup Cost will decrease

Question # 10 of 10 ( Start time: 04:27:13 PM ) Total Marks: 1


If the total inventory in one cycle of ‘t’ units of time is ‘(1/2)Qt’, then which of the
following is the average inventory at any time?
Select correct option:
Q/t
Q/2
(Q/2)t
2Q

Question # 1 of 10 ( Start time: 04:28:57 PM ) Total Marks: 1


In the Dynamic Order Quantity problem if the ratio of Setup and Carrying Costs is ‘500’
and the Demands of 2nd and 3rd months are 50 and 130 respectively then which of
the following is true about the 2nd month’s requirment?
Select correct option:
2nd month demand can be included in 1st month
2nd month demand will have to fulfill in 2nd month
2nd month demand can be included in 3rd month
2nd month demand can be included in any month of the year

Question # 2 of 10 ( Start time: 04:29:14 PM ) Total Marks: 1


In the ABC analysis, the items are classified into three categories with respect their-----
---------.
Select correct option:
cost value
demand value
turn over value
mark up value

Question # 3 of 10 ( Start time: 04:29:36 PM ) Total Marks: 1


Which of the following is true about the Manufacturing model without Shortage?
Select correct option:
Demand rate = Replacement rate
Demand rate > Replacement rate
Demand rate < Replacement rate
None of the above choices

Question # 4 of 10 ( Start time: 04:30:42 PM ) Total Marks: 1


A single cycle consists of two phases in case of “Manufacturing without Shortage ”,
then which of the following is the first phase?

For More Help Contact What’s app 03224021365


Select correct option:
Withdrawal of items from inventory at constant rate in per unit of time
The inventory is assembled at constant rate per unit of time

Question # 5 of 10 ( Start time: 04:30:55 PM ) Total Marks: 1


Which of the following category of items in ABC analysis has the maximum Holding
Cost?
Select correct option:
A category
B category
C category
All categories’’ items have equal Holding Costs

Question # 6 of 10 ( Start time: 04:31:12 PM ) Total Marks: 1


Under which of the following condition the economic order quantity in case of
Purchasing Model with Shortage can be transformed into Purchasing Model with no
Shortage?
Select correct option:
When shortage Cost tends to zero
When Shortag Cost tends to infinity
When Carrying Cost tends to zero
When Carrying Cost tends to infinity

Question # 7 of 10 ( Start time: 04:32:09 PM ) Total Marks: 1


By putting the replacement rate ‘R?infinity’ in the Economic Order Quantity(EOQ) of
Manufacturing Model with allowed Shortage, then the result is -----------.
Select correct option:
EOQ of Purchasing Model without Shortage
EOQ of Manufacturing Model without Shortage
EOQ of Purchasing Model with allowed Shortage
invariant

Question # 8 of 10 ( Start time: 04:32:28 PM ) Total Marks: 1


In the Purchasing Model with Shortages the Cost Function ‘C(S,Q)’ can also be
expressed as function of --------------.
Select correct option:
(t,D)
(Q,D)
(S,t)
(S,D)

Question # 9 of 10 ( Start time: 04:32:40 PM ) Total Marks: 1


Which of the following is the major objective of the ABC analysis of inventory?
Select correct option:
To fulfill the demand of items
To replace the required items in proper time
To control the

For More Help Contact What’s app 03224021365


inventories
To classify the items in different categories
Quiz Start Time: 04:28 PM
Time Left 89
sec(s)
Question # 10 of 10 ( Start time: 04:32:59 PM ) Total Marks: 1
Which of the following quantity will vary in case of Dynamic Order Quantity Model?
Select correct option:
Setup Cost
Carrying Cost
Item Cost
Demand

The amount of the inventory will always taken to be ----------- MTH601


Negative

A single cycle consists of two phases in case of “Manufacturing without Shortage ”,


then which of the following is the first phase? MTH601
Withdrawl of items from inventory at constant rate in per unit of time

If the demand of an item is occurred in the period of stock out and it is satisfied at the
beginning of the next cycle then such type of problem will discuss under which of the
following? MTH601
Purchasing Model with no shortages

If an item is manufactured, then the direct or indirect material, labor, and overhead
expenses are referred to -----------. MTH601
Item cost

In which of the following model, the Carrying Cost per unit of time is reduced in the
ratio (1-D/R):1 ? MTH601
Purchasing Model without Shortage

In the context of Wilson’s model, at time t = 0, the quantity ‘Q’ of the product is--------
- in the inventory. MTH601 Minimum

Which of the following quantity will vary in case of Dynamic Order Quantity Model?

Demand

The parameters like demand and ordering quantity cost are quite --------- in the
Deterministic inventory models. MTH601
unCertain

Objective of inventory control is to balance between the advantage of having


inventories and the --------- of carrying them to arrive at an optimal level of
inventories to minimize the total inventory cost. MTH601
demand

For More Help Contact What’s app 03224021365


Which of the following category of items in ABC analysis needs special attention by the
management? MTH601
All category

For More Help Contact What’s app 03224021365


Visit My YouTube Channel
For More Important Notes
Channel Name = #VuTopperRM

For More Help Contact What’s app 03224021365

You might also like