Exam 2: Markov Analysis, Queuing Theory, Operations Research and Mathematical Modeling

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At any period n, the state probabilities for the next period n+1 is given by the following formula:

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D

Operations research is applied

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D

A map indicates roads, highways, towns and the interrelationship is an ……model

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C

Every mathematical model

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………. . is an important Operations research technique to be used for determining optimal allocation of limited resources to meet the given objectives.

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The condition that a system can be in only one state at any point in time is known as

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. …. Is known as symbolic model

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A physical model is an example of

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OR provides solution only if the elements are

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………. Theory is an important operations research technique to analyze the queuing behaviour.

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If we decide to use Markov analysis to study the transfer of technology,

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Operations Research techniques helps to find ………. . solution

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An optimization model

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Decision variables are

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………… model involves all forms of diagrams

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