Operations Research or Qualitative Approach MCQ questions

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Operations Research or Qualitative Approach

Question 1 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A solution may be extracted from a model either by.
A
Conducting experiments on it
B
Mathematical analysis
C
Both A and B
D
Diversified Techniques
Question 1 Explanation: 

Directed by Edward Holzman. With Sebastien Guy, Holly Hollywood, Jason Schnuit, Kim Yates. Jack's modeling agency has been losing its ground lately. His ex is running a competitive business and they both want the hot Rebecca to sign with them. He must also deal with his demanding tycoon dad and a secretary who wants him.

The Model Solution (Video 2002) - IMDb

Question 2 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
While assigning random numbers in Monte Carlo simulation, it is?
A
Not necessary to assign the exact range of random number interval as the probability
B
Necessary to develop a cumulative probability distribution
C
Necessary to assign the particular appropriate random numbers
D
All of the above
Question 2 Explanation: 

In the context of maintenance and reliability, "simulation" refers to Monte Carlo Simulation (MCS). MCS generates and uses a stream of random numbers to represent failure (cumulative) probabilities and repair duration (cumulative) probabilities.

Monte Carlo Simulation

Image 1. How could we model this demand growth as a random variable using a triangular distribution for use in a Monte Carlo simulation? As you begin to look at a triangular distribution, there is nothing more than basic geometry and algebra required.

"Easy" Excel Inverse Triangular Distribution for Monte Carlo

Question 3 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The degeneracy in the transportation problem indicates that.
A
Dummy allocation(s) needs to be added
B
The problem has no feasible solution
C
The multiple optimal solution exist
D
a & b but not c
Question 4 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
If there are more than one optimum solution for the decision variable the solution is .....
A
Infeasible
B
Unbounded
C
Alternative
D
None of the above
Question 5 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Operations Research approach is.
A
Multi.....disciplinary
B
Scientific
C
Initiative
D
All of the above
Question 5 Explanation: 

Operations research is a discipline that deals with the application of advanced analytical methods to help make better decisions. Further, the term operational analysis is used in the British military as an intrinsic part of capability development, management and assurance. In particular, operational analysis forms part of the Combined Operational Effectiveness and Investment Appraisals, which support British defense capability acquisition decision-making. It is often considered to be a sub-field of applied mathematics. The terms management science and decision science are sometimes used as synonyms. Employing techniques from other mathematical sciences, such as mathematical modeling, statistical analysis, and mathematical optimization, operations research arrives at optimal or near-optimal solutions to complex decision-making problems.

Operations research

Operational Research Operational research is critically important to the success of President's Malaria Initiative (PMI) programs. During the course of implementation, and with the changing epidemiology of malaria, unforeseen obstacles and new questions emerge.

Operational Research Projects | PMI

Organizational and Operational Strategic Initiatives OQM will collaborate in strategic initiatives that address systemic issues, require cross-functional analysis, and have the potential of significant payoff to ORS and its customer base. Improving systemic issues will require cooperation among ORS leaders and stakeholders.

Organizational and Operational Strategic Initiatives

There are 5 questions to complete.

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