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Free Download as PDF of Business Mathematics Questions with Answers as per exam pattern, to help you in day to day learning. We provide all important questions and answers for all Exam.
49. In Transportation problem optimal solution can be verified by using ____________.
- [A] north west corner rule.
- [B] least cost method.
- [C] MODI method.
- [D] matrix method.
Answer: Option [C]
50. In North West corner rule the allocation is done in ____________
- [A] upper right corner.
- [B] middle cell in the transportation table.
- [C] cell with the lowest cost.
- [D] Upper left corner.
Answer: Option [D]
51. Transportation problem is said to be balanced if ____________.
- [A] total supply is not equal to total demand.
- [B] total supply is greater than total demand.
- [C] total supply is lesser than total demand.
- [D] total supply is equal to total demand.
Answer: Option [D]
52. The basic feasible solution to a transportation problem is said to be optimal if it
____________.
- [A] maximizes or minimizes the transportation cost.
- [B] maximizes the transportation cost.
- [C] minimizes the transportation cost.
- [D] has degenerate solution.
Answer: Option [C]
53. In transportation problem if total supply > total demand we add _________
- [A] dummy row with cost 0.
- [B] dummy column with cost 0.
- [C] dummy row with cost 1.
- [D] dummy column with cost 1.
Answer: Option [B]
54. In North West corner rule if the demand in the column is satisfied one must move to the
_________.
- [A] left cell in the next column.
- [B] right cell in the next row.
- [C] right cell in the next column.
- [D] left cell in the next row.
Answer: Option [C]
55. The objective of the transportation problem which is to be maximized is to
- [A] maximize the total profit
- [B] minimize the total loss
- [C] neither maximize nor minimize.
- [D] optimal cost.
Answer: Option [A]
56. In Maximization case of transportation problem we convert into minimization by subtracting
all the elements from the _________
- [A] zero
- [B] one.
- [C] highest element.
- [D] lowest element.
Answer: Option [C]
57. The assignment problem is said to be unbalanced if _________
- [A] number of rows is greater than number of columns.
- [B] number of rows is lesser than number of columns.
- [C] number of rows is equal to number of columns.
- [D] both (A) & (B).
Answer: Option [D]
58. The assignment problem is said to be balanced if _________
- [A] number of rows is greater than number of columns.
- [B] number of rows is lesser than number of columns.
- [C] number of rows is equal to number of columns.
- [D] if the entry of row is zero.
Answer: Option [C]
59.In transportation problem ‘NWC’ stands for ________.
- [A] North West Corner
- [B] Net Working Capital
- [C] Net Working Capital
- [D] Nuclear Weapons Convention
Answer: Option [A]
60. Vogel’s approximation method is also known as__________.
- [A] Penalty method
- [B] North west method.
- [C] Least cost method
- [D] None of the above.
Answer: Option [A]
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