Assignment:
Question 1. If you are in a situation where you want to buy or lease a new machine for your production facility, which of the following OR tool/technique will you be using to take your selection?
a. Dynamic programming
b. Goal programming
c. Queuing theory
d. Came theory
e. Decision theory
Question 2. OR helps decision maker by providing
a. Assurance to take right decision
b. Quantitative information regarding alternatives
c. Taking decisions for decision maker
d. Correction to wrong decision
e. All of the above
Question 3. What is not true for graphical method?
a. Solve maximization problem
b. Solve minimization problem
c. Solve Two variables problem
d. Solve four variables problem
e. Solve simple problem