Q.1. What is a linear programming problem ? Discuss the steps and role of linear programming is solving management problems. Discuss and describe the role of liner programming in managerial decision-making bringing out limitations‚ if any. Ans : Linear Programming is a mathematical technique useful for allocation of scarce or limited resources to several competing activities on the basis of given criterion of optimality. The usefulness of linear programming as a tool for optimal decision-making
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Multiple Choice Quiz Results Reporter Out of 10 questions‚ you answered 6 correctly with a final grade of 60% 6 correct (60%) 4 incorrect (40%) 0 unanswered (0%) Your Results: The correct answer for each question is indicated by a . Top of Form 1 INCORRECT Which of the following represents the order of priority for the three primary organizational key resources? A) Information‚ people‚ information technology B) Information‚ information technology‚ people C) People‚ information
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MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A field of study that investigates the impact of individuals‚ groups‚ and structure on behaviour within organizations is known as A) psychology. B) sociology. C) social psychology. D) anthropology. E) organizational behaviour. 2) What is characteristic of Johan’s department is that there is a broad mix of people in terms of gender‚ race and ethnicity. This is known as A) diversity
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DEPARTMENT OF HUMAN RESOURCE MANAGEMENT ANDHRA UNIVERSITY II-Mid Semester Examination October‚ 2010 Industrial and Managerial Economics Time: ½ hour Marks : 15 Answer all Questions 1. Among the following factors‚ what are the factors that determine the optimum size of the firm A (i) Technical forces. B (ii) Managerial factor. C (iii) Financial factor. D (IV) Marketing factor. (v) Factor
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UNIT1 Marketing is _____. 1. another word for advertising and sales 2. only used by major corporations 3. about satisfying customer needs 4. about simply making a profit The first step in the marketing process is to work to understand customers. 1. True 2. False Once we have created value for customers‚ the final step in the marketing process is to capture value from them. 1. True 2. False The most basic concept underlying marketing is that
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Graphical and Simplex Methods of Linear Programming The graphical method is the more popular method to use because they are easy to use and understand. Working with only a few variables at a time they allow operations managers to compare projected demand to existing capacity. The graphical method is a trial and error approach that can be easily done by a manager or even a clerical staff. Since it is trial and error though‚ it does not necessarily generate the optimal plan. One downside of this
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1. Crime are usually classified as (a) Index crimes (b) Personal crimes (c) Property crimes (d) All of the above 2. What are some characteristics of white collar crime (a) Tends to be made up of complex‚ sophisticated and relatively technical actions (b) When legitimate or conventional avenues make the attainment of a goal difficult or impossible 3. Why is white collar crime so much more lucrative than ordinary burglaries‚ robberies and larcenies? (a) White collar
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1 Marks: 1 Who proposed that all of the present continents were once joined together in a single supercontinent called Pangaea? Choose one answer. a. Alfred Wegener Correct b. Charles Darwin Incorrect c. Arthur Holmes Incorrect d. Harry Hess Incorrect . Correct Marks for this submission: 1/1. . Question 2 Marks: 1 The scientific community rejected the theory of plate tectonics because Alfred Wegener could NOT Choose one answer.
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The UNIVERSITY of NEWCASTLE Faculty of Business & Law LEGL2002 LAW OF BUSINESS ORGANISATIONS Semester 1 2014 MCQ Revision Test SAMPLE PAPER Time Allowed – 50 minutes (including reading time) Value – 10% of total mark. Total Number of Questions – 20 questions Closed book test – no phones‚ calculators or printed materials are allowed Student ID – Please place your student ID card on your desk for checking during the test. All questions are to be answered on the pink GPAS provided.
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Macroeconomics‚ 7e (Abel/Bernanke/Croushore) Chapter 1 Introduction to Macroeconomics 1.1 What Macroeconomics Is About 1) The two major reasons for the tremendous growth in output in the U.S. economy over the last 125 years are A) population growth and low inflation. B) population growth and increased productivity. C) low unemployment and low inflation. D) low inflation and low trade deficits. Answer: B Diff: 1 Topic: Section: 1.1 Question Status: Previous Edition 2) The
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