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

Question 1

Decision variables are

A) Controllable
B) Uncontrollable
C) Parameters
D) None of the above

Answer 1

Controllable

Question 2

A physical model is an example of

A) An iconic model
B) An analogue model
C) A verbal model
D) A mathematical model

Answer 2

An iconic model

Question 3

Every mathematical model

A) Must be deterministic
B) Requires computer aid for solution.
C) Represents data in numerical form
D) All of the above

Answer 3

Represents data in numerical form

Question 4

An optimization model

A) Mathematically provides best decision
B) Provides decision with limited context
C) Helps in evaluating various alternatives constantly
D) All of the above

Question 5

Operations research is applied

A) Military
B) Business
C) Administration'
D) All of the above

Question 6

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

A) Feasible
B) Non feasible
C) Optimal
D) Non optimal

Question 7

OR provides solution only if the elements are

A) Quantified
B) Qualified
C) Feasible
D) Optimal

Question 8

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

A) Waiting line
B) Net work
C) Decision
D) Simulation

Question 9

………… model involves all forms of diagrams

A) iconic
B) mathematical
C) analogue
D) schematic

Question 10

. …. Is known as symbolic model

A) Iconic
B) Mathematical
C) Analogue
D) None of the above

Question 11

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

A) Iconic
B) mathematical
C) analogue
D) none of the above

Question 12

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

A) Waiting line theory
B) Net work analysis
C) Decision analysis
D) Linear programming

Question 13

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

A) Transient state.
B) Absorbent condition.
C) Mutually exclusive condition.
D) Collectively exhaustive condition.

Question 14

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

A) n(n+1)=n(n)Pn
B) n(n+1)=n(0)P
C) n(n+1)=(n+1)P
D) n(n+1)=n(n)P

Question 15

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

A) our study will be methodologically flawed.
B) our study will have only limited value because the Markov analysis tells us "what" will happen, but not "why. "
C) we can only study the transitions among three different technologies.
D) only constant changes in the matrix of tr