Q. The degeneracy in the transportation problem indicates that
✅ Correct Answer: (C)
the multiple optimal solution exist
Business Mathematics MCQs and Notes
Q. Which of the following methods is used to verify the optimality of the current solution of the transportation problem
✅ Correct Answer: (C)
modified distribution method
Explanation: The Modified Distribution Method (MODI), also known as the UV method, is used to check the optimality of the current solution in a transportation problem. The least cost method and Vogel’s approximation method are used to find an initial feasible solution but do not verify optimality.
Q. When total supply is equal to total demand in a transportation problem, the problem is said to be
✅ Correct Answer: (A)
balanced
Q. Feasible solution satisfies __________
✅ Correct Answer: (C)
[a] and [b] both
Q. OR has a characteristics that it is done by a team of
✅ Correct Answer: (D)
all of the above
Q. In Degenerate solution value of objective function _____________.
✅ Correct Answer: (D)
one or more basic variables are zero
Q. What enables us to determine the earliest and latest times for each of the events and activities and thereby helps in the identification of the critical path?
✅ Correct Answer: (C)
both a and b
Q. Who defined OR as scientific method of providing execuitive departments with a quantitative basis for decisions regarding the operations under their control?
✅ Correct Answer: (A)
morse and kimball (1946)
Q. Operations research was known as an ability to win a war without really going in to ____
✅ Correct Answer: (D)
both a and b
Q. Operations research is the application of ____________methods to arrive at the optimal Solutions to the problems.
✅ Correct Answer: (B)
scientific