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Published on: 03/09/2022
QB365 provides a detailed and simple solution for every Possible Creative Questions in Class 12 Business Maths Subject - Operations Research, English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.
Download Tamil Nadu 12th Standard Business Maths and Statistics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Business Maths and Statistics Test

1.
The penalty is the difference between the ___ costs in each row and column.
smallest
biggest
minimum
least
2.
The least cost method is more economical than North West Corner Rule, since it starts with the ___________
least cost
minimum cost
maximum cost
lower beginning cost
3.
The given data is a balanced transportation problem
Then total demand
7 + 9 + 18
9 + 7 + 10 + 8
15+ 15 + 4
10+ 10+ 14
4.
The methods of funding feasible solution to a transportation problem ___________
North West Corner Rule
Least Cost Method
Hungarian Method
Vogel's Approximation Method
5.
Operation research is an analytical method of ___________
problem solving
decision making
optimal cost of transportation
unit cost of transportation
6.
_____determines the highest out come for each alternative.
Maximum cost
Minimax criteria
Maximin criteria
Payoff
7.
_____determines the lowest out comes for each alternative.
Least cost
Minimax criteria
Maximin criteria
Payoff matrix
8.
______ method provides optimum assignment schedule in an assignment problem.
North West Corner
Least cost
Vogel's Approximation Method
Hungarian Method
9.
If the number of rows is____tothenumber of columns, then the assignment problem is said to be balanced.
equal
less
more
not equal
10.
The optimum_______schedule remains, unaltered if we add or subtract a constant from all the elements of the row or which of the cost________matrix.
transportation
assignment
unique
optimal
11.
To assign different jobs to the different machines to minimize the overall cost is ___________
transportation problem
assignment problem
minimax principle
maximin principle
12.
Vogel's approximation method yields an initial basic feasible solution which is very close to the solution.
maximum
minimum
optimum
unique
13.
In least cost method if the minimum cost is not unique then the choice can be made as ___________
arbitrarily
unique
difference
summation
14.
The total transportation cost is ___________
55
102
101
50
15.
A set of non-negative values that satisfies the constants in a transportation problem is a ___________
Basic feasible solution
Feasible solution
Optimal solution
Non degenerate basic feasible solution
1.
(b)
biggest
2.
(c)
maximum cost
3.
(b)
9 + 7 + 10 + 8
4.
(c)
Hungarian Method
5.
(d)
unit cost of transportation
6.
(b)
Minimax criteria
7.
(c)
Maximin criteria
8.
(d)
Hungarian Method
9.
(a)
equal
10.
(b)
assignment
11.
(b)
assignment problem
12.
(c)
optimum
13.
(a)
arbitrarily
14.
(a)
55
15.
(b)
Feasible solution
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