商务决策与分析选择题

BusinessDecisionAnalysis

ReviewSections-Choice

Chapter01

Whichofthefollowingtermsisinterchangeablewithquantitativeanalysis?

A)managementscience

B)economics

C)financialanalysis

D)statistics

E)oneoftheabove

Whoiscred让edwithpioneeringtheprinciplesofthescientificapproachtomanagement?

A)AdamSmith

B)HenriFayol

C)

D)

E)CharlesBabbage

A(n)________isarepresentationofrealityorareal-lifesituation.

A)objective

B)model

C)analysis

D)algorithm

E)oneoftheabove

Asetoflogicalandmathematicaloperationsperformedinaspecificsequenceiscalleda(n)

A)completeenumeration.

B)diagnosticanalysis・

C)algorithm・

D)objective・

E)oneoftheabove

Theabilitytoexaminethevariabilityofasolutionduetochangesintheformulationofaproblem

peofanalysisiscalledanalysis.

A)sensitivity

B)implicit

C)normal

D)scale

E)objective

Whichofthefollowingisnotoneofthestepsinthequantitativeanalysisapproach?

A)DefiningtheProblem

B)DevelopingaSolution

C)Observingahypothesis

D)TestingaSolution

E)ImplementingtheResults

Theconditionofimproperdatayieldingmisleadingresultsisreferredtoas

A)garbagein,garbageout.

B)break-evenpoint.

C)uncontrollablevariable・

D)postoptimality.

E)oneoftheabove

Expressingprofitsthroughtherelationshipamongunitprice,fixedcosts,andvariablecostsisan

exampleof

A)asensitivityanalysismodel.

B)aquantitativeanalysismodel・

C)apostoptimal让yrelationship・

D)aparameterspecificationmodel.

E)oneoftheabove

Chapter02

Theclassicalmethodofdeterminingprobabilityis

A)subjectiveprobabil让y.

B)marginalprobability.

C)objectiveprobability.

D)jointprobability.

E)cond让ionalprobabil让y.

Subjectiveprobabilityassessmentsdependon

A)thetotalnumberoftrials.

B)therelativefrequencyofoccurrence・

C)thenumberofoccurrencesoftheevent.

D)experienceandjudgment.

E)oneoftheabove

Iftwoeventsaremutuallyexclusive,then

A)theirprobabilitiescanbeadded・

B)theymayalsobecollectivelyexhaustive.

C)thejointprobabilityisequalto0.

D)ifoneoccurs,theothercannotoccur.

E)Alloftheabove

A_______isanumericalstatementaboutthelikelihoodthataneventwilloccur.

A)mutuallyexclusiveconstruct

B)collectivelyexhaustiveconstruct

C)variance

D)probabil让y

E)standarddeviation

AconditionalprobabilityP(BIA)isequaltoitsmarginalprobabilityP(B)if

A)itisajointprobability.

B)statisticaldependenceexists.

C)statisticalindependenceexists・

D)theeventsarcmutuallyexclusive.

E)P(A)=P(B).

TheequationP(AIB)=P(AB)/P(B)is

A)themarginalprobability.

B)theformulaforacond让ionalprobabil让y.

C)theformulaforajointprobabil让y.

D)onlyrelevantwheneventsAandBarecollectivelyexhaustive.

E)oneoftheabove

Bayes'theoremisusedtocalculate

A)revisedprobabilities.

B)jointprobabilities.

C)priorprobabilities.

D)subjectiveprobabil让ies・

E)marginalprobabilities.

IfP(A)=0.3,P(B)=0.2

z

P(AandB)=0.0,whatcanbesaidabouteventsAandB?

A)Theyareindependent

B)Theyaremutuallyexclusive.

C)Theyareposteriorprobabilities.

D)oneoftheabove

E)Alloftheabove

"TheprobabilityofeventB,giventhateventAhasoccurred11isknownasa__________

probability.

A)continuous

B)marginal

C)simple

D)joint

E)conditional

WhendoesP(AIB)=P(A)?

A)whenAandBaremutuallyexclusive

B)whenAandBarestatisticallyindependent

C)whenAandBarestatisticallydependent

D)whenAandBarecollectivelyexhaustive

E)whenP(B)=0

Chapter03

Ananalyticandsystematicapproachtothestudyofdecisionmakingisreferredtoas

A)decisionmakingunderrisk.

B)decisionmakingunderuncertainty.

C)decisiontheory.

D)decisionanalysis・

E)decisionmakingundercertainty・

Expectedmonetaryvalue(EMV)is

A)theaverageorexpectedmonetaryoutcomeofadecisionif让canberepeatedalargenumberof

times.

B)theaverageorexpectedvalueofthedecision,ifyouknowwhatwouldhappenaheadoftime.

C)theaverageorexpectedvalueofinformationif让werecompletelyaccurate・

D)theamountyouwouldlosebynotpickingthebestalternative.

E)adecisioncriterionthatplacesanequalweightonallstatesofnature・

Whichofthefollowingisnotconsideredacriteriafordecisionmakingunderuncertainty?

A)optimistic

B)pessimistic

C)equallylikely

D)randomselection

E)minimaxregret

Apessimisticdecisionmakingcriterionis

A)maximax・

B)equallylikely.

C)maximin.

D)decisionmakingundercertainty.

E)minimaxregret.

Whichofthefollowingistrueabouttheexpectedvalueofperfectinformation?

A)Itistheamountyouwouldpayforanysamplestudy.

B)ItiscalculatedasEMVminusEOL.

C)Itiscalculatedasexpectedvaluew让hperfectinformationminusmaximumEMV.

D)Itistheamountchargedformarketingresearch・

E)oneoftheabove

Whichofthefollowingisnotacharacteristicofagooddecision?

A)basedonlogic

B)considersallavailabledata

C)considersallpossiblealternatives

D)employsappropriatequantitativetechniques

E)alwaysresultsinafavorableoutcome

Thefollowingisapayofftablegivingprofitsforvarioussituations.

Alternatives

Alternative1

Alternative2

Alternative3

Doothing

Statesofature

ABC

140

120120

20010050

100120180

000

Whatdecisionwouldanoptimistmake?

A)Alternative1

B)Alternative2

C)Alternative3

D)Doothing

E)StateofatureA

Thefollowingisapayofftablegivingprofitsforvarioussituations.

Alternatives

Alternative1

Alternative2

Alternative3

Doothing

Statesofature

ABc

140

120120

20010050

100120180

000

Whatdecisionwouldapessimistmake?

A)Alternative1

B)Alternative2

C)Alternative3

D)Doothing

E)StateofatureA

Thefollowingisanopportunitylosstable.

Alternatives

Alternative1

Alternative2

Alternative3

Statesofature

ABC

0

50

75

90

0

80

85

110

0

Whatdecisionshouldbemadebasedontheminimaxregretcriterion?

A)Alternative1

B)Alternative2

C)Alternative3

D)StateofatureA

E)Doesnotmatter

Thefollowingisanopportunitylosstable.

Alternatives

Alternative1

Alternative2

Alternative3

A)Alternative1

B)Alternative2

C)Alternative3

Statesofature

ABC

30

010

5200

25

020

Whatdecisionshouldbemadebasedontheminimaxregretcriterion?

D)StateofatureC

E)Doesnotmatter

Thefollowingisapayofftable.

Statesofature

AlternativesABC

Alternative130

010

Alternative25

200

Alternative325

020

Whatdecisionshouldbemadebasedontheminimaxregretcriterion?

A)Alternative1

B)Alternative2

C)Alternative3

D)StateofatureC

E)Doesnotmatter

Thefollowingisapayofftable.

Alternatives

Alternative1

Alternative2

Alternative3

Statesofature

ABC

0

50

75

90

0

80

85

110

0

Whatdecisionshouldbemadebasedontheminimaxregretcriterion?

A)Alternative1

B)Alternative2

C)Alternative3

D)StateofatureC

E)Doesnotmatter

Chapter04

Whichofthefollowingstatementsistrueregardingascatterdiagram?

A)Itprovidesveryl让tieinformationabouttherelationshipbetweentheregressionvariables.

B)Itisaplotoftheindependentanddependentvariables・

C)Itisalinechartoftheindependentanddependentvariables・

D)Ithasavaluebetween-1and+1.

E)Itgivesthepercentofvariationinthedependentvariablethatisexplainedbytheindependent

variable・

Therandomerrorinaregressionequation

A)isthepredictederror.

B)includesbothpositiveandnegativeterms.

C)willsumtoalargepositivenumber・

D)isusedtheestimatetheaccuracyoftheslope.

E)ismaximizedinaleastsquaresregressionmodel.

Whichofthefollowingequalitiesiscorrect?

A)SST=SSR+SSE

B)SSR=SST+SSE

C)SSE=SSR+SST

D)SST=SSC+SSR

E)SSE=ActualValue・PredictedValue

Whichofthefollowingstatementsistrueaboutr2?

A)Itisalsocalledthecoefficientofcorrelation.

B)Itisalsocalledthecoefficientofdetermination.

C)ItrepresentsthepercentofvariationinXthatisexplainedbyY.

D)ItrepresentsthepercentofvariationintheerrorthatisexplainedbyY・

E)Itrangesinvaluefrom-1to+1・

Thecoefficie

wastheslopeoftheregressionline?

A)0.85

B)-0.85

C)0.922

D)Thereisinsufficientinformationtoanswerthequestioru

E)oneoftheabove

Thediagrambelowillustratesdatawitha

■■

oooo

oooo

oo

6543

2109

87TrendLine

Y56.70+1O.54X

ActualDemandLine

58

50

Year

A)negativecorrelationcoefficient.

B)zerocorrelationcoefficient.

C)positivecorrelationcoefficient.

D)correlationcoefficientequalto+1・

E)oneoftheabove

Thecorrelationcoefficientresultingfromaparticularregressionanalysiswas0・25・Whatwas

thecoefficientofdetermination?

A)0.5

B)-0.5

C)0.0625

D)Thereisinsufficientinformationtoanswerthequestion.

E)oneoftheabove

Inagoodregressionmodeltheresidualplotshows

A)aconepattern.

B)anarchedpattern.

C)arandompattern.

D)anincreasingpattern.

E)adecreasingpattern.

Chapter05

Whichofthefollowingisnotclassifiedasaqualitativeforecastingmodel?

A)exponentialsmoothing

B)Delphimethod

C)juryofexecutiveopinion

D)salesforcecomposite

E)consumermarketsurvey

Ajudgmentalforecastingtechniquethatusesdecisionmakers,staffpersonnel,andrespondentto

determineaforecastiscalled

A)exponentialsmoothing・

B)theDelphimethod.

C)juryofexecutiveopinion.

D)salesforcecomposite・

E)consumermarketsurvey.

Whichofthefollowingstatementsaboutscatterdiagramsistrue?

A)Timeisalwaysplottedonthey-axis.

B)Itcandepicttherelationsliipamongthreevariablessimultancously.

C)Itishelpfulwhenforecastingw让hqualitativedata・

D)Thevariabletobeforecastedisplacedonthey-axis.

E)Itisnotagoodtoolforunderstandingtime-seriesdata.

Enrollmentinaparticularclassforthelastfoursemestershasbeen120,126,110,and130.

Supposeaone-semestermovingaveragewasusedtoforecastenrollment(thisissometimes

referredtoasanaiveforecast).Thus,theforecastforthesecondsemesterwouldbe120,forthe

thirdsemesteritwouldbe126,uldtheMSEbe

forthissituation?

A)196.00

B)230.67

C)100.00

D)42.00

E)oneoftheabove

Whichofthefollowingmethodsgivesanindicationofthepercentageofforecasterror?

A)MAD

B)MSE

C)MAPE

D)decomposition

E)bias

Dailydemandfornewspapersforthelast10dayshasbeenasfollows:12,13,16,15,12,18,14,12

z

13,15(listedfromoldesttomostrecent).Forecastsalesforthenextdayusinga

two・daymovingaverage.

A)14

B)13

C)15

D)28

E)12.5

Asoneincreasesthenumberofperiodsusedinthecalculationofamovingaverage,

A)greateremphasisisplacedonmorerecentdata.

B)lessemphasisisplacedonmorerecentdata.

C)theemphasisplacedonmorerecentdataremainsthesame.

D)让requiresacomputertoautomatethecalculations.

E)oneisusuallylookingforalong-termprediction.

Enrollmentinaparticularclassforthelastfoursemestershasbeen122,128,100,and155(listed

fromoldesttomostrecent)・Thebestforecastofenrollmentnextsemester,basedonathree-

semestermovingaverage,wouldbe

A)116.7.

B)126.3.

C)16&3.

D)135.0.

E)127.7.

SalesforboxesofGirlScoutcookiesovera4-monthperiodwereforecastedasfollows:100,

120,115,ualresultsoverthe4-monthperiodwereasfollows:110

z

114,119,115.

WhatwastheMADofthe4-monthforecast?

A)0

B)5

C)7

D)108

E)oneoftheabove

SalesforboxesofGirlScoutcookiesovera4-monthperiodwereforecastedasfollows:100,

120,115,ualresultsoverthe4-monthperiodwereasfollows:110

z

114,119,115.

WhatwastheMSEofthe4-monthforecast?

A)0

B)5

C)7

D)108

E)oneoftheabove

Dailydemandfornewspapersforthelast10dayshasbeenasfollows:12,13,16

z

15

z

12,18,14,12

z

13,15(listedfromoldesttomostrecent).Forecastsalesforthenextdayusingathree-dayweighted

movingaveragewheretheweightsare3,1,and1(thehighestweightis

forthemostrecentnumber).

A)12.8

B)13.0

C)70.0

D)14.0

E)oneoftheabove

Dailydemandfornewspapersforthelast10dayshasbeenasfollows:12,13,16,15

z

12,18,

14,12,13,15(listedfromoldesttomostrecent).Forecastsalesforthenextdayusingatwoday

weightedmovingaveragewheretheweightsare3and1are

A)14.5.

B)13.5.

C)14.

D)12.25.

E)12.75.

Whichofthefollowingisnotconsideredtobeoneofthecomponentsofatimeseries?

A)trend

B)seasonal让y

C)variance

D)cycles

E)randomvariations

Chapter06

Inventory

A)isanystoredresourceusedtosatisfycurrentorfutureneed・

B)includesrawmaterials,work-in-process,andfinishedgoods.

C)levelsforfinishedgoodsareadirectfunctionofdemand・

D)needsfromrawmaterialsthroughfinishedgoodscanbereasonablydetermined,oncefinishedgoods

demandisdetermined.

E)Alloftheabove

Whichofthefollowingisnotauseofinventory?

A)thedecouplingfunction

B)quantitydiscounts

C)irregularsupplyanddemand

D)thetranslucentfunction

E)toavoidstockoutsandshortages

Inmakinginventorydecisions,thepurposeofthebasicEOQmodelisto

A)minimizecarryingcosts.

B)minimizeorderingcosts・

C)minimizethesumofcarryingcostsandorderingcosts・

D)minimizecustomerdissatisfaction.

E)minimizestockonhand・

Whichofthefollowingisnotconsideredasignificantinventorycost?

A)costofproductionlabor

B)purchasecost

C)costofstockouts

D)costofcarryinganitem

E)costofordering

WhichofthefollowingispartofthedeterminationofEOQ?

A)costofproductionlabor

B)costofstockouts

C)purchasecost

D)annualdemand

E)totalrevenue

Whichofthefollowingfactorsis(are)notincludedinorderingcost?

A)billpaying

B)obsolescence

C)purchasingdepartmentoverheadcosts

D)inspectingincominginventory

E)developingandsendingpurchaseorders

Whichofthefollowingfactorsis(are)notincludedincarryingcost?

A)spoilage

B)obsolescence

C)costofcapital

D)inspectingincominginventory

E)warehousingoverheadcosts

Astheservicelevelincreases,

A)carryingcostincreasesatanincreasingrate.

B)carryingcostincreasesatadecreasingrate.

C)carryingcostdecreasesatadecreasingrate・

D)carryingcostdecreasesatanincreasingrate・

E)oneoftheabove

WhichofthefollowingisnotanassumptionforthebasicEOQmodel?

A)Onlyanintegernumberoforderscanbemadeeachyear・

B)Quantitydiscountsarenotpossible・

C)Inventoryreceiptisinstantaneous(allatonce).

D)W让hordersplacedatthecorrecttime,therewillbenoshortages.

E)Demandisknown.

ForthebasicEOQmodel,whichofthefollowingrelationshipsisnottrue?

A)TheoptimalnumberofordersperyearequalsannualdemanddividedbytheEOQ・

B)Thereorderpointequalsdailydemandmultipliedbythelead-timeindays,excludingsafetystock.

C)Averageinventorylevelequalsone-halftheordersize.

D)Theaveragedollarlevelofinventoryequalsurdtpricemultipliedbyorderquantity・

E)AtEOQ,annualorderingcostequalsannualcarryingcost.

TheEOQmodelwithouttheinstantaneousreceiptassumptioniscommonlycalledthe

A)quantitydiscountmodel.

B)safetystockmodel.

C)plannedshortagemodel.

D)productionrunmodel.

E)oneoftheabove

SensitivityanalysisofEOQrefersto

A)theatHtudeoftopmanagementtowardtheuseoftheEOQmodel.

B)analysisofhowmuchtheEOQwillchangeifdifferentinputvaluesareused.

C)anassessmentoftheimpactofobsolescenceupontheEOQ・

D)astudyoftheimpactofstoringincompatibleproductsinthesamewarehouse・

E)analysisoftheimpactofstockshortagesoncustomersoronproduction.

Chapter07

Awidelyusedmathematicalprogrammingtechniquedesignedtohelpmanagersanddecision

makingrelativetoresourceallocationiscalled__________________•

A)linearprogramming

B)computerprogramming

C)constraintprogramming

D)goalprogramming

E)oneoftheabove

Typicalresourcesofanorganizationinclude__________•

A)machineryusage

B)laborvolume

C)warehousespaceutilization

D)rawmaterialusage

E)Alloftheabove

Whichofthefollowingisnotapropertyofalllinearprogrammingproblems?

A)thepresenceofrestrictions

B)optimizationofsomeobjective

C)acomputerprogram

D)alternatecoursesofactiontochoosefrom

E)usageofonlylinearequationsandinequalities

Afeasiblesolutiontoalinearprogrammingproblem

A)mustbeacornerpointofthefeasibleregion.

B)mustsatisfyalloftheproblem'sconstraintssimultaneously.

C)neednotsatisfyalloftheconstraints,onlythenon-negativityconstraints・

D)mustgivethemaximumpossibleprofit.

E)mustgivetheminimumpossiblecost

Infeasibilityinalinearprogrammingproblemoccurswhen

A)thereisaninfinitesolution.

B)aconstraintisredundant.

C)morethanonesolutionisoptimal.

D)thefeasibleregionisunbounded・

E)thereisnosolutionthatsatisfiesalltheconstraintsgiven.

Inamaximizationproblem,whenoneormoreofthesolutionvariablesandtheprofitcanbemade

infin让elylargewithoutviolatinganyconstraints,thelinearprogramhas

A)aninfeasiblesolution.

B)anunboundedsolution.

C)aredundantconstraint.

D)alternateoptimalsolutions・

E)oneoftheabove

Whichofthefollowingisnotapartofeverylinearprogrammingproblemformulation?

A)anobjectivefunction

B)asetofconstraints

C)non-negativityconstraints

D)aredundantconstraint

E)maximizationorminimizationofalinearfunction

Whenappropriate,theoptimalsolutiontoamaximizationlinearprogrammingproblemcanbe

foundbygraphingthefeasibleregionand

A)findingtheprofitateverycornerpointofthefeasibleregiontoseewhichonegivesthehighestvalue.

B)movingtheisoprofitlinestowardstheorigininaparallelfashionuntilthelastpointinthefeasible

regionisencountered.

C)locatingthepointthatishighestonthegraph・

D)oneoftheabove

E)Alloftheabove

Themathematicaltheorybehindlinearprogrammingstatesthatanoptimalsolutiontoany

problemwilllieata(n)_________ofthefeasibleregion.

A)interiorpointorcenter

B)maximumpointorminimumpoint

C)comerpointorextremepoint

D)interiorpointorextremepoint

E)oneoftheabove

Whichofthefollowingisnotapropertyoflinearprograms?

A)oneobjectivefunction

B)atleasttwoseparatefeasibleregions

C)alternativecoursesofaction

D)oneormoreconstraints

E)objectivefunctionandconstraintsarelinear

Thecornerpointsolutionmethod

A)willalwaysprovideone,andonlyone,optimum・

B)willyielddifferentresultsfromtheisoprofitlinesolutionmethod・

C)requiresthattheprofitfromallcornersofthefeasibleregionbecompared.

D)requiresthatallcornerscreatedbyallconstraintsbecompared・

E)willnotprovideasolutionatanintersectionorcornerwhereanon-negativityconstraintisinvolved.

Whenaconstraintlineboundingafeasibleregionhasthesameslopeasanisoprofitline,

A)theremaybemorethanoneoptimumsolutioru

B)theprobleminvolvesrcdundancy.

C)anerrorhasbeenmadeintheproblemformulation.

D)aconditionofinfeasibilityexists.

E)oneoftheabove

Chapter08

Usinglinearprogrammingtomaximizeaudienceexposureinanadvertisingcampaignisan

exampleofthetypeoflinearprogrammingapplicationknownas

A)mediaselection・

B)marketingresearch・

C)portfolioassessment・

D)mediabudgeting・

E)Alloftheabove

Thefollowingdoesnotrepresentafactoramanagermighttypicallyconsiderwhenemploying

linearprogrammingforaproductionscheduling:

A)laborcapacity・

B)spaceliirdtations・

C)productdemand.

D)riskassessment.

E)inventorycosts.

MediaselectionproblemsaretypicallyapproachedwithLPbyeither

A)maximizingaudienceexposureormaximizingnumberofadspertimeperiod.

B)maximizingthenumberofdifferentmediaorminimizingadvertisingcosts.

C)minimizingthenumberofdifferentmediaorminimizingadvertisingcosts.

D)maximizingaudienceexposureorminimizingadvertisingcosts.

E)minimizingaudienceexposureorminimizingadvertisingcosts.

Whichofthefollowingisconsideredadecisionvariableinthemediaselectionproblemof

maximizingaudienceexposure?

A)theamountspentoneachadtype

B)whattypesofadstooffer

C)thenumberofadsofeachtype

D)theoveralladvertisingbudget

E)oneoftheabove

Whichofthefollowingisconsideredadecisionvariableinthemediaselectionproblemof

minimizinginterviewcostsinsurveying?

A)thenumberofpeopletosurveyineachmarketsegment

B)theoverallsurveybudget

C)thetotalnumbersurveyed

D)thenumberofpeopletoconductinterviews

E)oneoftheabove

Whichofthefollowingisconsideredadecisionvariableintheproductionmixproblemof

maximizingprofit?

A)theamountofrawmaterialtopurchaseforproduction

B)thenumberofproducttypestooffer

C)thesellingpriceofeachproduct

D)theamountofeachproducttoproduce

E)oneoftheabove

Linearprogrammingisusuallyusedbymanagersinvolvedinportfolioselectionto

A)maximizereturnoninvestment.

B)maximizeinvestmentlimitations・

C)maximizerisk・

D)minimizerisk・

E)minimizeexpectedreturnoninvestment.

TheselectionofspecificinvestmentsfromamongawidevarietyofalternativesisthetypeofLP

problemknownas

A)theproductmixproblem.

B)theinvestmentbankerproblem・

C)theWallStreetproblem・

D)theportfolioselectionproblem・

E)oneoftheabove

Chapter11

Ifyourgoalwastoconstructanetworkinwhichallpointswereconnectedandthedistance

betweenthemwasasshortaspossible,thetechniquethatyouwoulduseis

A)shortest-route・

B)maximal-flow.

C)shortest-spanningtree.

D)minimal-flow・

E)minimal-spanningtree.

Themaximal-flowtechniquewouldbestbeused

A)toassignworkerstojobsinthecheapestmanner.

B)todeterminethenumberofunitstoshipfromeachsourcetoeachdestination・

C)todetermineLAnetworkwiringw让hinabuilding・

D)tomaximizetrafficflowonabusyhighway.

E)byatruckingcompanymakingfrequentbutrepeatabledrops.

Atechniquethatallowsaresearchertodeterminethegreatestamountofmaterialthatcanmove

throughanetworkiscalled

A)maximal-flow・

B)maximal-spanning.

C)shortcst-routc.

D)maximal-tree.

Thefirststepinthemaximal-flowtechniqueisto

A)pickthenodew让hthemaximumflow・

B)pickanypathw让hsomeflow・

C)eliminateanynodethathasazeroflow.

D)addadummyflowfromthestarttothefinish・

E)oneoftheabove

Theshortest-routetechniquewouldbestbeusedto___________

A)assignworkerstojobsinthecheapestmanner.

B)determinethenumberofurdtstoshipfromeachsourcetoeachdestination.

C)determinetheamountofLAnetworkwiringwithinabuilding・

D)minimizetheamountoftrafficflowonabusyhighway.

E)determinethepathforatruckmakingfrequentbutrepeatabledrops.

Whenusingtheshortest-routetechnique,thefirststepisto

A)connectthenearestnodethatminimizesthetotaldistancetotheorigin.

B)tracethepathfromthewarehousetotheplant.

C)determinetheaveragedistancetraveledfromsourcetoend.

D)findthenearestnodetotheoriginandputadistanceboxbythenode.

E)oneoftheabove

Theshortest-routetechniquemightbelogicallyusedfor

A)findingthelongesttimetotravelbetweentwopoints・

B)findingtheshortesttraveldistancebetweentwopoints.

C)findingthemostscenicroutetoallowtraveltoseveralplacesduringatriponspringbreak.

D)connectingallthepointsofanetworktogetherwhileminimizingthedistancebetweenthem.

E)oneoftheabove

Allthenodesmustbeconnectedinwhichofthefollowingtechniques?

A)minimal-flow

B)maximal-spanningtree

C)shortest-route

D)maximal-flow

E)minimal-spanningtree

Theminimal-spanningtreetechniquewouldbestbeused

A)byaforestrangerseekingtominimizetheriskofforestfires.

B)byatelephonecompanyattemptingtolayoutwiresinanewhousingdevelopment.

C)byanairlinelayingoutflightroutes.

D)oneoftheabove

E)Alloftheabove

Themaximal-flowtechniquemightbeused

A)tohelpdesignthemovingsidewalkstransportingpassengersfromoneterminaltoanotherinabusy

airport・

B)bysomeonedesigningthetrafficapproachestoanairport・

C)bysomeoneattemptingtodesignroadsthatwouldlim让theflowoftrafficthroughanarea・

D)Alloftheabove

E)oneoftheabove

Theshortest-routetechniquewouldbestbeusedto

A)plantheroutesforavacationdrivingtour.

B)plantherouteforaschoolbus.

C)determinethepathforatruckmakingfrequentrunsfromafactorytoawarehouse・

D)Alloftheabove

E)oneoftheabove

Giventhefollowingdistancesbetweendestinationnodes,whatistheminimumdistancethat

connectsallthenodes?

From

1

2

1

A)450

B)150

C)350

D)650

To

2

3

3

Distance

300

150

200

E)oneoftheabove

Giventhefollowingdistancesbetweendestinationnodes,whatistheminimumdistancethat

connectsallthenodes?

From

1

1

2

2

3

A)100

B)750

C)850

D)900

E)oneoftheabove

To

2

3

3

4

4

Distance

200

300

350

350

250

Findtheshortestroutefromode1toode4usingtheshortest-routetechnique.

From

ode

1

1

2

2

3

A)650

B)450

C)550

D)500

E)800

To

ode

2

3

3

4

4

Distance

300

200

50

250

450

Findtheshortestroutefromode1toode4・

From

ode

1

1

1

2

2

3

To

ode

2

3

4

3

4

4

Distance

250

400

600

50

300

200

A)750

B)500

C)550

D)600

E)50

Chapter12

Thecriticalpathofanetworkisthe

A)shortesttimepaththroughthenetwork・

B)pathw让hthefewestactiv让ies.

C)pathw让hthemostactivities.

D)longesttimepaththroughthenetwork.

E)oneoftheabove

InaPERTnetwork,theearliest(activity)starttimeisthe

A)earliesttimethatanactivitycanbefinishedw让houtdelayingtheentireproject.

B)latesttimethatanactivitycanbestartedwithoutdelayingtheentireproject.

C)earliesttimethatanactivitycanstartwithoutviolationofprecedencerequirements・

D)latesttimethatanactivitycanbefinishedw让houtdelayingtheentireproject.

E)oneoftheabove

Slacktimeinanetworkisthe

A)amountoftimethatanactiv让ywouldtakeassumingveryunfavorablecond让ions・

B)shortestamountoftimethatcouldberequiredtocompletetheactivity・

C)amountoftimethatyouwouldexpectitwouldtaketocompletetheactivity.

D)differencebetweentheexpectedcompletiontimeoftheprojectusingpessimistictimesandthe

expectedcompletiontimeoftheprojectusingoptimistictimes.

E)amountoftimethatanactivitycanbedelayedwithoutdelayingtheentireproject・

Thefirststepinplanningandschedulingaprojectistodevelopthe____________•

A)employeeschedulingplan

B)PERT/CPMnetworkdiagram

C)criticalpath

D)workbreakdownstructure

E)variancecalculationsforeachactiv让y

WhichofthefollowingisnotaconceptassociatedwithCPM?

A)normaltime

B)probability

C)normalcost

D)crashcost

E)deterministicnetwork

PERT

A)assumesthatwcdonotknowaheadoftimewhatactiv让icsmustbecompleted・

B)assumesthatactivitytimeestimatesfollowthenormalprobabilitydistribution.

C)isanetworktechniquethatusesthreetimeestimatesforeachactivityinaproject・

D)isadeterministicnetworktechniquethatallowsforprojectcrashing.

E)oneoftheabove

CPM

A)assumeswcdonotknowaheadoftimewhatactivitiesmustbecompleted・

B)assumesthatactivitytimeestimatesfollowthenormalprobabilitydistributiori.

C)isadeterministicnetworktechniquethatallowsforprojectcrashing・

D)isanetworktechniquethatallowsthreetimeestimatesforeachactiv让yinaproject.

E)oneoftheabove

ManagersusethenetworkanalysisofPERTandCPMtohelpthem

A)deriveflexibilitybyidentifyingnoncriticalactivities-

B)replan,reschedule,andreallocateresourcessuchasmanpowerandfinances.

C)plan,schedule,monitor,andcontrollargeandcomplexprojects・

D)Alloftheabove

E)oneoftheabove

TheexpectedtimeinPERTis

A)aweightedaverageofthemostoptimistictime,mostpessimistictime,andfourtimesthemostlikely

time.

B)themodaltimeofabetadistribution.

C)asimpleaverageofthemostoptimistic,mostlikely,andmostpessimistictimes.

D)thesquarerootofthesumofthevariancesoftheactivitiesonthecriticalpath.

E)oneoftheabove

Givenanactivity'soptimistic,mostlikely,andpessimistictimeestimatesof4,6,and14days

respectively,computethePERTexpectedactivitytimeforthisactivity,

A)8

B)6

C)7

D)9

E)oneoftheabove

Givenanactivity'soptimistic,mostlikely,andpessimistictimeestimatesof2

Z

5,and14days

respectively,computethePERTexpectedactivitytimeforthisactivity・

A)6

B)7

C)9

D)5

E)oneoftheabove

Chapter14

Thefollowingisnotanadvantageofsimulation:

A)Itallowsforthestudyofwhat-ifquestions・

B)Eachsimulationmodelisunique・

C)Itallowsthestudyofinteractionofcomponentsorvariablestodeterminewhichareimportant.

D)Itallowstimecompression.

E)oneoftheabove

Simulationcanbeeffectivelyusedinmany

A)inventoryproblems.

B)plantlayoutproblems.

C)maintenancepolicyproblems.

D)salesforecastingproblems.

E)Alloftheabove

MonteCarlosimulationwasdevelopedby__________•

A)Johnvoneumann

B)EricvonBrock

C)

D)PKPoisson

E)arlo

InassigningrandomnumbersinaMonteCarlosimulation,

A)itisimportanttodevelopacumulativeprobabilitydistribution.

B)让isimportanttouseanormaldistributionforallvariablessimulated.

C)让isnotimportanttoassignprobabilitiestoanexactrangeofrandomnumberintervals.

D)Alloftheabove

E)oneoftheabove

Module04

Gamemodelsareclassifiedbythe

A)sizeofthepayoff.

B)sumofallpayoffs・

C)natureofstrategiesemployed.

D)alloftheabove

E)noneoftheabove

Eachplayershouldfollowthesamestrategyregardlessoftheotherplayer'sstrategyinwhichof

thefollowinggames?

A)Constantstrategy

B)Mixedstrategy

C)Purestrategy

D)Dominancestrategy

E)notenoughinformationgiven

Considerthefollowingtwo-persongame,anddeterminethesaddlepointifitexists.

Y1Y2

XI

X2

4

5

6

・3

A)X2Y2

B)

X1Y2

X1YI

D)

X1Y2

C)

E)Thereisnosaddlepoint.

Thesaddlepointinapayoffmatrixisalwaysthe____________•

A)largestnumberinthematrix

B)smallestnumberinitscolumnandthesmallestnumberinitsrow

C)smallestnumberinthematrix

D)largestnumberinitscolumnandthesmallestnumberinitsrow

E)noneoftheabove

Inamixedstrategy,eachplayershouldoptimizethe

A)maximumpayoffs.

B)lowervalueofthegame・

C)minimumloss.

D)maximumloss.

E)expectedgain.

rategywillYplay?

Yl

XI52

Y2

37

18

X2

26

A)XI

B)X2

C)Yl

D)Y2

E)noneoftheabove

Consideringthefollowingtwo-persongame,whatpercentageofthetimeshouldYplaystrategy

Yl?

Yl

XI

Y2

3

8

6

X2

2

A)1/3

B)

2/3

C)

4/9

D)

5/9

noneofthe

E)

above

Consideringthefollowingtwo-persongame,thevalueofthegame(ifplayedmanytimes)is

Yl

XI6

Y2

3

8

X2

2

B)4.75.

A)19.00.

C)11.00.

D)unabletobecomputedasthewasnotgiven.

E)noneoftheabove

Consideringthefollowingtwo-persongame,whatisY'sbeststrategy?

Yl

XI

Y2

6

-2

3

X2

2

A)

XI

B)

X2

C)

Yl

D)Y2

E)noneoftheabove

Giventhefollowingtwo-persongame,whichstrategycanbeeliminatedbyuseofdominance?

Y1Y2

XI

X2

X3

9

12

6

13

8

14

A)XI

B)

X2

C)

X3

D)Y1

E)

noneofthe

above