Business Mathematics

31. PERT is a tool for ______________ and control time.

  1. Delaying.
  2. Planning.
  3. Both a & b
  4. None of the above
Correct answer: (B)
Planning.

32. Transportation problem is a special class of ______________.

  1. LPP.
  2. assignment problem.
  3. none of the two.
  4. both 1 and 2.
Correct answer: (A)
LPP.

33. The cells in the Transportation problem can be classified as ______________.

  1. assigned cells and empty cells.
  2. allocated cells and un allocated cells.
  3. occupied and unoccupied cells.
  4. assigned and unoccupied cells.
Correct answer: (C)
occupied and unoccupied cells.

34. The basic feasible solution to a transportation problem is said to be optimal if it ______________.

  1. maximizes or minimizes the transportation cost.
  2. maximizes the transportation cost.
  3. minimizes the transportation cost.
  4. has degenerate solution.
Correct answer: (C)
minimizes the transportation cost.

35. In transportation problem if total supply < total demand we add ______________.

  1. dummy row with cost 0.
  2. dummy column with cost 0.
  3. dummy row with cost 1.
  4. dummy column with cost 1.
Correct answer: (A)
dummy row with cost 0.

36. In Maximization case of transportation problem we convert into minimization by subtracting all the elements from the ______________.

  1. zero.
  2. one.
  3. highest element.
  4. lowest element.
Correct answer: (C)
highest element.

37. In assignment problem if number of column is greater than row then ______________.

  1. dummy column is added.
  2. dummy row added.
  3. row with cost 1 is added.
  4. column with cost 1 is added.
Correct answer: (B)
dummy row added.

38. In transportation problem 'NWC' stands for ______________.

  1. North West Corner
  2. Net Working Capital
  3. Naval Weapons Center
  4. Nuclear Weapons Convention
Correct answer: (A)
North West Corner

39. Zero matrix is otherwise known as ______________.

  1. null matrix.
  2. square matrix.
  3. unit matrix.
  4. triangular matrix.
Correct answer: (A)
null matrix.

40. When the number of rows and the number of columns of a matrix are equal, the matrix is ______________.

  1. square matrix.
  2. row matrix.
  3. column matrix.
  4. none of these.
Correct answer: (A)
square matrix.
Page 4 of 32