Decision Sciences Trivia Quiz

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MAV

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Quizzes Created: 1 | Total Attempts: 726

Questions: 20 | Attempts: 729 | Updated: Mar 21, 2023

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Decision science is a toolbox of approaches and you learn which approach to take when you face certain problem. Economic rationality involves decision-making where individuals have to decide on which need to satisfy first. How well do you understand decision science? Take the quick test to find out!

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Current Version
Mar 21, 2023

Quiz Edited by
ProProfs Editorial Team
Mar 05, 2015

Quiz Created by
MAV

Decision Sciences Trivia Quiz

Which of the following is a valid objective function for a linear programming problem?

A simulation model uses the mathematical expressions and logical relationships of the –

The maximization or minimization of a quantity is the -

The manner in which units receive their service, such as FCFS, is the –

The solution of a transportation problem, with m- rows ( supplies) and n – columns ( destinations) is feasible if the number of occupied cells are –

Customer behavior in which he moves from one queue to another in multiple channel situation is –

In the queue model notation (a/b/c) : (d/e), what does c represent –

The prohibited cell in transportation problem is considered by considering its cost –

The dummy source or destinations in a transportation problem is added to –

Analysis of a Markov Process -

In a multiple channel system –

In case a worker can not assigned a particular job –

Utilization factor is –

In (M/M/1) : (∞/FCFS) model, the system length Ls is given by -

Assignment problem is solved by –

If Ro represent state probabilities of present period then the state probabilities end of second period is given by –

The property of the optimum assignment matrix is –

Which of the following is not an assumption of the single server queuing method –

In Monte Carlo Simulation , the solutions obtained using different set of random numbers will be –

The first step in solving operations research problem is -