πŸ“Š Management Science
Q. Matrix Minima Method to find initial feasible solution to a TP is also called .......................
  • (A) NWCM
  • (B) LCM
  • (C) VAM
  • (D) None of these
πŸ’¬ Discuss
βœ… Correct Answer: (C) VAM
πŸ“Š Management Science
Q. In Transportation Problem, LCM stands for .............................
  • (A) Lowest Common Multiplier
  • (B) Least Cost Method
  • (C) Lowest Cell Method
  • (D) None of these
πŸ’¬ Discuss
βœ… Correct Answer: (B) Least Cost Method
πŸ“Š Management Science
Q. In Transportation Problem, NWCM stands for .............................
  • (A) North West Cost Method
  • (B) Net Worth Corner Method
  • (C) North West Corner Method
  • (D) None of these
πŸ’¬ Discuss
βœ… Correct Answer: (C) North West Corner Method
πŸ“Š Management Science
Q. Initial feasible solution to a transportation problem arrived through which of the following method is very near to the optimal solution:
  • (A) NWCM
  • (B) LCM
  • (C) VAM
  • (D) None of these
πŸ’¬ Discuss
βœ… Correct Answer: (C) VAM
πŸ“Š Management Science
Q. ...................... is a method of analysing the current movement of the some variable in an effort to predict the future movement of the same variable.
  • (A) Goal programming
  • (B) Queuing theory
  • (C) Markov Analysis
  • (D) Replacement theory
πŸ’¬ Discuss
βœ… Correct Answer: (C) Markov Analysis
πŸ“Š Management Science
Q. In queuing theory, ............................ stands for mean service rate.
  • (A) μ
  • (B) λ
  • (C) t
  • (D) none of these
πŸ’¬ Discuss
βœ… Correct Answer: (A) μ
πŸ“Š Management Science
Q. In queuing theory, ............................ stands for mean arrival rate of customers.
  • (A) μ
  • (B) λ
  • (C) t
  • (D) none of these
πŸ’¬ Discuss
βœ… Correct Answer: (B) λ
πŸ“Š Management Science
Q. A customer’s behaviour of jumping from one queue to another is called ............................
  • (A) Jockying
  • (B) Reneging
  • (C) Collusion
  • (D) Balking
πŸ’¬ Discuss
βœ… Correct Answer: (A) Jockying
πŸ“Š Management Science
Q. A customer’s behaviour of leaving the queue due to impatience is called .......................
  • (A) Jockying
  • (B) Reneging
  • (C) Collusion
  • (D) Balking
πŸ’¬ Discuss
βœ… Correct Answer: (B) Reneging
πŸ“Š Management Science
Q. 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 .....................
  • (A) Jockying
  • (B) Reneging
  • (C) Collusion
  • (D) Balking
πŸ’¬ Discuss
βœ… Correct Answer: (D) Balking