Business Mathematics MCQs

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The objective of the transportation problem which is to be maximized is to






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A diagonal matrix in which all the diagonal elements are equal is a ______________.






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Cramer’s Rule is also known as ______________.






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The Lender’s are also known as ______________






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Under annuity due, payment is due at the ______________.






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Banker’s discount is given by the formula ______________.






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Unbounded solution in an LPP is ______________.






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Unbounded solution in an LPP is ______________.






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The Key row is selected when the column of Zj-Cj is finding the ratio which is ______________.






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Graphical method can be used only when the decision variables is ______________.






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______________ is the time consuming job (or) task that is a key subpart of the total project.






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The test of optimality in simplex method is ______________.






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The critical path satisfy the condition that ______________






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If A, B are two matrices and K is a scalar then ______________.




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If A,B and C are matrices the associative property is ______________.


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If any two rows and columns of a determinant are identical, the value of the determinant is ______________.






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Inverse of a matrix exists if and only if ______________.






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I stands for ______________






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Simple interest will be the income for ______________.






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51-46+3(5) = ______________






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Face value of a bill of exchange is given by the formula ______________.






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An LPP has ______________.






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The two forms of LPP are ______________.






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In the standard form of LPP if the objective function is of minimization then the right hand side of the constraints should be ______________.






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In simplex method the LPP has unbounded solution if the variable in the key column is ______________.






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Which of the following is not true about feasibility?






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Network models have advantage in terms of project ______________






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If an activity has zero slack, it implies that ______________






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Float or slack analysis is useful for ______________






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Crashing is the process of reducing the total time that it takes to complete a project by expanding ______________






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Network is the graphical display of a project that contains both _________________






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PERT is a tool for ______________ and control time.






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Transportation problem is a special class of ______________.






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The cells in the Transportation problem can be classified as ______________.






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The basic feasible solution to a transportation problem is said to be optimal if it ______________.






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In transportation problem if total supply < total demand we add ______________.






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In assignment problem if number of column is greater than row then ______________.






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Zero matrix is otherwise known as ______________.






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When the number of rows and the number of columns of a matrix are equal, the matrix is ______________.






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If the number of rows of a matrix is greater than the number of columns then the matrix is called as ______________.






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The ______________ is the order of the largest square submatrix.






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The formula for the face value A is given by ______________.






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Under compound interest the formula for A is given by ______________.






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The region on the graph sheet with satisfies the constraints including the non-negativity restrictions is called the ______________ space






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An LPP deals with problems involving only ______________.






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In Graphical solution the feasible solution is any solution to a LPP which satisfies ______________.






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In an LPP the solution for the problems involving more than 2 variables can be solved using ______________ _.






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The Key column in simplex method is selected when the column of Zj-Cj is ______________.






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Which of the following is associated with any L.P.P?






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The slack for an activity is equal to ______________






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A dummy activity is used in the network diagram when ______________






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Activity –on-arrow (AOA) diagram is preferred over Activity – on-node (AON) diagram because ______________






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Earliest finish time that an activity can be finished without ______________ of precedence requirements.






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A small circle or rectangle that is known as ______________ serves as a junction point in the project network.






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Project ______________ phase allocates resources to work packages.






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The Objective function of Transportation problem is to ______________.






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In Least cost method the allocation is done by selecting ______________.






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Purpose of MODI method is to get ______________.






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The application of assignment problems is to obtain ______________.






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The assignment problem is said to be balanced if it is ______________.






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The objective of Transportation problem is to allocate ______________.






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If A and B are matrices of same order then ______________.




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When all the elements of a matrix are zeros, the matrix is called ______________.






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( 3 8 9 - 2 ) is a row matrix of order______________.






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If a matrix has 4 rows and 3 columns, then the size will be denoted by






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The borrowers are also known as ______________.






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The compound interest for Rs 20000 for 3 years at 10 & is ______________.






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When the payments are to be made at the end of each interval the annuity is called ______________.






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In the canonical form of LPP if the objective function is of maximization, then all the constraints other than non-negativity conditions are _________...






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The non-negative variable which is added to LHS of the constraint to convert the inequality ≤ into equation is called _______________.






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In graphical method the LPP has unbounded solution if the solution space has






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The ______________ is the method available for solving an L.P.P.






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The another term commonly used for activity slack time is ______________






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While drawing the network diagram for each activity project we should look ______________






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Resource leveling is the process of ______________ the utilization of resources in a project.






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Latest finish time that an activity can be finished without ______________ the entire project.






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______________ phase identify manpower that will be responsible for each task.






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In Transportation problem the preferred method of obtaining either optimal or very close to the optimal solution is ______________.






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Transportation problem is said to be unbalanced if ______________.






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In North West corner rule if the demand in the column is satisfied one must move to the ______________.






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The assignment problem is said to be balanced if ______________.






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Vogel’s approximation method is also known as ______________.






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If A,B and C are matrices of the same order then ______________.






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When the number of rows is not equal to the number of columns then the matrix is said to be ______________.






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O.R. Stands for ______________






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Compound Interest is always ______________ the Simple Interest.






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3x- 4+7 = 0, then x = ?






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In Graphical solution the redundant constraint is ______________.






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In the standard form of LPP if the objective functions is of minimization then all the constraints ______________.






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In a linear programming minimization model the objective function is to be ______________.






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The graphical method is applicable to solve an L.P.P when there is ______________.






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In the PERT network each activity time assumes a Beta distribution because ______________






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In time cost trade off function analysis ______________






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______________ is the point in time that marks the beginning or ending of an activity.






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The CPM is used for completing the project that involves ______________ of repetitive nature.






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In Transportation problem the improved solution of the initial basic feasible solution is called ______________.






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Transportation problem is said to be balanced if ______________.






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In transportation problem the solution is said to non-degenerate solution if occupied cells is ______________.






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In North West corner rule if the supply in the row is satisfied one must move ______________.






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In assignment problem if number of rows is greater than column then ______________.