Principles and Practices of Management
61. ______________ Example of probabilistic model
- Game theory
- Charts
- Graphs
- All the above
Correct answer: (A)
Game theory
62. The best use of linear programming technique is to find an optimal use of
- Money
- Man power
- Machine
- all of the above
Correct answer: (D)
all of the above
63. Which of the following is not a category of linear programming problems?
- Resource allocation problem
- Cost benefit trade off problem
- Distribution network problem
- All of the above are categories of linear programming problems.
Correct answer: (D)
All of the above are categories of linear programming problems.
64. In linear programming problem if all constraints are less than or equal to, then the feasible region is
- Above lines
- Below the lines
- Unbounded
- None of the above
Correct answer: (B)
Below the lines
65. An event which represents the beginning of more than one activity is known as ______________ event.
- Merge
- Net
- Burst
- None of the above
Correct answer: (C)
Burst
66. L ______________ is that sequence of activities which determines the total project time.
- Net work
- Critical path
- Critical activities
- None of the above
Correct answer: (B)
Critical path
67. ______________ is the duration by which an activity can be delayed without delaying the project
- Slack
- Total float
- Free float
- Independent float
Correct answer: (B)
Total float
68. ______________ is event oriented.
- CPM
- PERT
- LP
- None of the above
Correct answer: (B)
PERT
69. ______________ is the disconnection of an activity before the completion of activities in a project network diagram.
- Dangling
- Looping
- Dummy
- None of the above
Correct answer: (C)
Dummy
70. If a decision theory problem has 3 decision alternatives and 4 states of nature, the number of payoffs in that problem will be
- 3
- 4
- 12
- 64
Correct answer: (C)
12