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  • QT - Answers

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    Christo Stalin
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    This document contains 11 multiple choice questions about operations management topics like transportation problems, inventory systems, and probability. For transportation problems, it states that all constraints are equalities when supply equals demand, and items are allocated at minimum cost. It also notes that an assignment problem is a special case of a transportation problem, and that a transshipment model adds intermediate points. For inventory, it discusses economic order quantity models, carrying costs, ordering costs, and shortage costs. It concludes with a question about classical probability using the example of rolling a die.

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    Quantitative Analysis with Q & Ans

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    This document contains 11 multiple choice questions about operations management topics like transportation problems, inventory systems, and probability. For transportation problems, it states that all constraints are equalities when supply equals demand, and items are allocated at minimum cost. It also notes that an assignment problem is a special case of a transportation problem, and that a transshipment model adds intermediate points. For inventory, it discusses economic order quantity models, carrying costs, ordering costs, and shortage costs. It concludes with a question about classical probability using the example of rolling a die.

    Copyright:

    © All Rights Reserved
    Scarica in formato DOCX, PDF, TXT o leggi online su Scribd
    Segnala contenuti inappropriati
    88 visualizzazioni4 pagine

    QT - Answers

    Caricato da

    Christo Stalin
    This document contains 11 multiple choice questions about operations management topics like transportation problems, inventory systems, and probability. For transportation problems, it states that all constraints are equalities when supply equals demand, and items are allocated at minimum cost. It also notes that an assignment problem is a special case of a transportation problem, and that a transshipment model adds intermediate points. For inventory, it discusses economic order quantity models, carrying costs, ordering costs, and shortage costs. It concludes with a question about classical probability using the example of rolling a die.

    Copyright:

    © All Rights Reserved
    Scarica in formato DOCX, PDF, TXT o leggi online su Scribd
    Segnala contenuti inappropriati
    di 4

    Question 1: Answer: a.

    all constraints are equalities

    In a balanced transportation model where supply equals demand,

    a. all constraints are equalities

    b. none of the constraints are equalities

    c. all constraints are inequalities

    d. none of the constraints are inequalities

    Question 2: Answer: b. at a minimum cost

    In a transportation problem, items are allocated from sources to destinations

    a. at a maximum cost

    b. at a minimum cost

    c. at a minimum profit

    d. at a minimum revenue

    Question 3

    The assignment model is a special case of the ________ model.

    a. maximum-flow

    b. transportation

    c. shortest-route

    d. none of the above

    Answer: b. transportation

    Question 4

    The linear programming model for a transportation problem has constraints for supply at each ______
    and _______ at each destination.
    a. destination / source

    b. source / destination

    c. demand / source

    d. source / demand

    Answer: d. source / demand

    Question 5

    An assignment problem is a special form of transportation problem where all supply and demand values
    equal

    a. 0

    b. 1

    c. 2

    d. 3

    Answer: b. 1

    Question 6

    The transshipment model is an extension of the transportation model in which intermediate


    transshipment points are ______ between the sources and destinations.

    a. decreased

    b. deleted

    c. subtracted

    d. added

    Answer: d. added

    Question 7

    Inventory costs include


    a. carrying

    b. ordering

    c. shortage costs

    d. all of the above

    Answer: d. all of the above

    Question 8

    In a(an) ____________ inventory system a constant amount is ordered when inventory declines to a
    predetermined level.

    a. optional

    b. economic

    c. periodic

    d. continuous

    Answer: b. economic

    Question 9

    EOQ is a(an) _________ inventory system.

    a. periodic

    b. continuous

    c. optimal

    d. economic

    Answer: d. economic

    Question 10

    As order size increases, total

    a. inventory costs will increase, reach a maximum and then quickly decrease.
    b. inventory cost will decrease, reach a minimum and then increase.

    c. ordering costs will initially increase while total carrying cost will continue to decrease

    d. carrying cost decreases while the total ordering cost increases

    Answer: b. inventory cost will decrease, reach a minimum and then increase.

    Question 11

    If we roll 1 die the probability of any 1 of the 6 possible outcomes' occurring is 1/6. This is an example of
    a

    a. subjective probability

    b. classical probability

    c. conditional probability

    d. relative frequency probability

    Answer: b. classical probability

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