Operations Research MCQs and Notes
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Q 1. LP is a major innovation since ‐‐‐‐‐‐‐‐‐‐‐‐ in the field of business decision – making, particularly under conditions of certainty.
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Q 2. What is being considered as one of the most versatile management tools?
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Q 3. This method of formal calculations often termed as Linear Programming was developed later in which year?
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Q 4. Who developed Linear Programming for the purpose of scheduling the complicated procurement activities of the United States Air Force?
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Q 5. Who invented a method of formal calculations often termed as ?
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Q 6. Who pointed out that the businessman always studies his production function and his input prices and substitutes one input for another till his costs become the minimum possible?
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Q 7. What are the main questions before a production manager?
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Q 8. What has always been very important in the business and industrial world, particularly with regard to problems concerning productions of commodities?
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Q 9. Process refers to the combination of ‐‐‐‐‐‐‐‐‐‐‐‐ inputs to produce a particular output.
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Q 10. The term linearity implies ‐‐‐‐‐‐‐‐‐‐‐ among the relevant variables:
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