Which step involves eliminating fully allocated rows or columns in the least cost method (LCM)?

• A) Step 3
• B) Step 2
• C) Step 1
• D) Step 4

The transportation problem can be represented mathematically as a linear programming model with the objective function of __________.

• A) Maximizing the total transportation cost
• B) Maximizing the total production cost
• C) Minimizing the total transportation cost
• D) Minimizing the total profit

In a Transportation Problem, the objective function ’Z’ gives ----------.

• A) Total inventory be supplied in transportation
• B) Total Cost of transportation
• C) Total Profit of transportation
• D) Total Time of transportation

You realize that a row's total supply cannot fully satisfy the demand in any column. This means that_________.

• A) You can ignore this row and continue.
• B) The original transportation problem has no feasible solution.
• C) You must add transportation costs to increase supply.
• D) You have made an error in earlier allocations.

The North – West Corner Rule

• A) Is based on the concept of minimizing opportunity cost.
• B) Is used to find an initial feasible solution
• C) None of above
• D) Is used to find optimal solution

What does the difference between the smallest and next to the smallest element in a row or column represent in VAM?

• A) Unit cost of transportation
• B) Penalty for wrong allocation
• C) Maximum feasible amount
• D) Total cost of transportation

For North West Corner method, in the first row and first column, each resource and sink contain ‘5’ units; then after allocating the appropriate amount ‘x11’ in the cell (1,1), in which of the following cell the next allocation will be zero?

• A) In cell (2,1) only
• B) In cell (1,2) only
• C) Neither in (1,2) nor in (2,1) but in along the diagonal in (2,2)
• D) Arbitrarily chosen either in (1,2) or in (2,1)

How is the maximum feasible quantity determined in the LCM?

• A) By calculating the transportation cost
• B) By selecting the next least cost
• C) By identifying the minimum value
• D) By multiplying the demand and supply

The solution of a transportation problem with m rows (supplies) and n (destinations) is feasible if numbers of positive allocations are

• A) m+n
• B) m-n+1
• C) m+n+1
• D) m+n-1

Which values of “$a_{ij}$'s” in the standard form of a linear programming problem will transform it in standard Transportation problem?

• A) $a_{ij} = 1$ for all $i =1,2,\cdots,m; j = 1,2,\cdots,n$
• B) $a_{ij} = 0$ and 1 for all $i =1,2,\cdots,m; j = 1,2,\cdots,n$
• C) $a_{ij} = 0$ for all $i =1,2,\cdots,m; j = 1,2,\cdots,n$
• D) $a_{ij} = 0$ or 1 for all $i =1,2,\cdots,m; j = 1,2,\cdots,n$

Under which of the following condition in the Least Cost Method, after first allocation in cell (1,1), next allocation along the diagonal in cell (2,2) can be made?

• A) If after crossed out 1st row or 1st column, cell (2,2) is of minimum cost
• B) Total Supply = Total Demand
• C) If in the second row and second column, each resource and sink contain equal units
• D) If Total Supply is not equal to Total Demand

The amount of the inventory will always taken to be -----------

• A) Negative
• B) Positive
• C)
• D)

In a Linear Programming problem which of following condition is compulsory?

• A) Both Objective function and constraints need to be linear
• B) Neither objective nor constraints to be linear
• C) Least Objective function needs to be linear
• D) Least constraints need to be linear

While estimating the time for a PERT activity, the estimator will give the three times estimates. When these three estimates are plotted on a graph, the probability distribution that we get is closely associated with -----------------Distribution curve.

• A) Beta
• B) Poisson
• C) Chi
• D) Binomial

Which of the following is NOT an assumption of the basic Wilson's EOQ model?

• A) Replenishment occurs instantly.
• B) Demand is constant and known.
• C) Ordering costs are fixed per order.
• D) There is a cost associated with shortages.

Which of the following times are directly related to the activity cost that is by reducing the activity duration, the direct cost of the corresponding activity is increased?

• A) CPM Times
• B) PERT Times
• C)
• D)

If the annul demand of a product is 10000 items, and its set up and inventory costs are 200 and 100 respectively then its economic order quantity is -----------provided that shortage is fulfilled INSTANTANEOUSLY.

• A) 200 units
• B) 100 units
• C) 40000 units
• D) 20000 units

Which of the following correspond to the practical limitations of available resources while modeling a real life situation into a linear program?

• A) Objective function
• B) Constraints
• C) Linear function
• D) Decision variables

In the Purchasing Model with Shortages the Cost Function ‘C(S,Q)’ can also be expressed as function of --------------.

• A) (S,D)
• B) (S,t)
• C) (Q,D)
• D) (t,D)

Which of the following would be the objective of the cost per unit of producing certain cameras?

• A) Minimization
• B) Average
• C) Inflection
• D) Maximization