1. The maximise criteria is ...........................
Correct : B. Pessimistic
2. Decision making under certainty refers to .............................. situation.
Correct : A. Deterministic
3. ............................is known as father of game theory.
Correct : A. Von Neumann
4. Which of the following is an assumption of game theory?
Correct : D. All of the above
5. Each participant of the game is called...................
Correct : C. Player
6. The outcome of a game is known as....................
Correct : C. Pay off
7. A matrix which shows the gains and losses resulting from moves and counter moves is
called..................................
Correct : B. Pay off matrix
8. When all the players of the game follow their optimal strategies, then the expected pay off of the
game is called.......................
Correct : C. Value of the game
9. The position in the pay off matrix where the maximin coincides with the minimax.
Correct : A. Saddle point
10. A game is said to be fair if the value of the game is.........................
Correct : D. Zero
11. In a ........................game the amounts won by all winners together is equal to the sum of the
amounts lost by all losers together.
Correct : B. Zero sum game
12. Which of the following method is used to solve mixed strategy problems:
Correct : D. All of the above
13. A queue is formed when the demand for a service:
Correct : A. Exceeds the capacity to provide that service
14. Queuing theory is also termed as ............................
Correct : C. Waiting line theory
15. In queuing theory, ...................... refers to those waiting in a queue or receiving service.
Correct : B. Customer
16. In queuing theory, ...................... is a person by whom service is rendered.
Correct : B. Server
17. In waiting line theory, number of customers waiting in the queue is referred to as ................
Correct : D. Queue length
18. Number of customers in the queue per unit of time is called ......................
Correct : C. Average length of queue
19. The ration between mean arrival rate and mean service rate is called ...................
Correct : C. Traffic intensity
20. Commonly assumed probability distribution of arrival pattern is .......................
Correct : A. Poisson distribution
21. Commonly assumed probability distribution of service pattern are .......................
Correct : D. b and c
22. a customer’s behaviour of leaving the queue when he does not like to wait in the queue due to lack
of time or space is called .....................
Correct : D. Balking
23. A customer’s behaviour of leaving the queue due to impatience is called .......................
Correct : B. Reneging
24. A customer’s behaviour of jumping from one queue to another is called ............................
Correct : A. Jockying
25. In queuing theory, ............................ stands for mean arrival rate of customers.
Correct : B. λ
26. In queuing theory, ............................ stands for mean service rate.
Correct : A. μ
27. ...................... is a method of analysing the current movement of the some variable in an
effort to predict the future movement of the same variable.
Correct : C. Markov Analysis
28. Initial feasible solution to a transportation problem arrived through which of the following method
is very near to the optimal solution:
Correct : C. VAM
29. In Transportation Problem, NWCM stands for .............................
Correct : C. North West Corner Method
30. In Transportation Problem, LCM stands for .............................
Correct : B. Least Cost Method
31. Matrix Minima Method to find initial feasible solution to a TP is also called .......................
Correct : C. VAM
32. MODI Method to test the optimality of a feasible solution to TP is also called...............
Correct : B. u. v. Method
33. ............................refers to the manner in which the customers behave while being in the queue.
Correct : C. Queue discipline
34. Excess of service facilities over and above the number of customers results:
Correct : A. Idleness of service capacity
35. ................................was the first person who developed a viable queueing theory
Correct : D. Simeon Dennis Poisson
36. Traffic intensity in Queuing Theory is also called...........................
Correct : C. Utilisation factor
37. Traffic intensity is computed by using the formula:
Correct : A. λ/μ
38. Game theory became popular when the book “Theory of Games and Economic Behaviour” was
published in 1944 by ..............................
Correct : D. Von-neumann and Morgenstern
39. Which of the following is a characteristic of a dual problem:
Correct : D. All of the above
40. Shadow price is also called ......................
Correct : A. Dual price
41. ................................is that element of the simplex table which lis both in the key row and key
column.
Correct : C. Both a and b
42. Transportation model was first introduced by ........................ in the year 1941.
Correct : D. F L Hitchcock
43. VAM is also called........................
Correct : B. Penalty Method
44. Which of the following methods is used to solve an assignment problem:
Correct : D. All of the above
45. Hungarian method was developed by ........................
Correct : C. D Konig
46. .................... is the popular method for solving an assignment problem.
Correct : A. Hungarian Method
47. The outlet where the services are being provided to the customers is called.................
Correct : B. Service facility
48. The variables which can be manipulated by the decision maker are called....................
Correct : A. Controllable variables
49. The variables which cannot be manipulated by the decision maker are called....................
Correct : B. Uncontrollable variables
50. Controllable variables are also called..................................
Correct : D. Decision variables
51. If a simplex table shows the values 2, -3, 0 against “θ”, which should be taken as the replacement
ratio.