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Operations Research or Qualitative Approach
Question 6 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Balking | |
Reneging | |
Jockeying | |
Altering |
Jockeying — a customer joins the line, then moves to another queue. Colluding — several customers cooperate, with only one of them waiting in the line. Chapter 3: Types of queue management systems. Now that we know what queue management systems are, it's time to look at different types of QMS. Physical management. How it works
Question 7 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
It improve the total cost | |
It does not disturb rim conditions | |
It ensure feasible solution | |
All of the above |
Question 8 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
There are a limited number of possible states | |
A future state can be predicted from the preceding one | |
There are limited number of future periods | |
All of the above |
Question 9 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Inventory Control | |
Inventory | |
Inventory Planning | |
None of the above |
Besides Raw materials and finished goods, organizations also hold inventories of spare parts to service the products. Defective products, defective parts and scrap also forms a part of inventory as long as these items are inventoried in the books of the company and have economic value.
Inventory Management and Analysis - Home | Management
Besides Raw materials and finished goods, organizations also hold inventories of spare parts to service the products. Defective products, defective parts and scrap also forms a part of inventory as long as these items are inventoried in the books of the company and have economic value.
Question 10 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Sum to one | |
Be less than one | |
Be greater than one | |
None of the above |
The probabilities of moving from one state to another in transition matrix would add up to a total of 1.This is because the states are mutually exclusive and collectively exhaustive. If the states in a particular system or process are such that the system can only be made in one state at a time, then the states are mutually exclusive.