Question Tag: Operations Research

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QTB – May 2017 – L1 – SA – Q19 – Operations Research

This question involves solving a transportation problem using the North-West Corner method to find the values of e+f.

The tabulated information above shows the demands and supplies of a
transportation problem together with the unit costs of transporting. Use the
North-West method to find (e + f)

A. 83
B. 75
C. 66
D. 60
E. 55

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BMF – Nov 2022 – L1 – SB – Q6 – Basics of Business Finance and Financial Markets

This question focuses on macroeconomic concepts and techniques of operations research.

A manager that wants to be successful in his or her business environment should be able to make use of the various business analyses and models to know which products and markets to retain or grow.

Required:
a. Explain briefly the concept of macroeconomics and state the THREE approaches that can be used to measure total economic activity during a given period of time. (10 Marks)
b. List and explain briefly FIVE operations research techniques. (10 Marks)

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BMF – May 2017 – L1 – SA – Q15 – Management, Individual, and Organisational Behaviour

Multiple-choice question on identifying the approach associated with Operations Research.

Operations Research (OR) is associated with ……………. approach.

A. Human relations
B. Classical
C. Bureaucratic
D. Management science
E. Scientific management

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BMF – Mar July 2020 – L1 – SA – Q6 – Basics of Business Finance and Financial Markets

Identifying a non-approach in management science.

Which of the following is NOT an approach used in management science?
A. Mathematical models
B. Statistical methods
C. Behavioral techniques
D. Linear programming
E. Critical path analysis

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QTB – May 2017 – L1 – SA – Q19 – Operations Research

This question involves solving a transportation problem using the North-West Corner method to find the values of e+f.

The tabulated information above shows the demands and supplies of a
transportation problem together with the unit costs of transporting. Use the
North-West method to find (e + f)

A. 83
B. 75
C. 66
D. 60
E. 55

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Report an error

You're reporting an error for "QTB – May 2017 – L1 – SA – Q19 – Operations Research"

BMF – Nov 2022 – L1 – SB – Q6 – Basics of Business Finance and Financial Markets

This question focuses on macroeconomic concepts and techniques of operations research.

A manager that wants to be successful in his or her business environment should be able to make use of the various business analyses and models to know which products and markets to retain or grow.

Required:
a. Explain briefly the concept of macroeconomics and state the THREE approaches that can be used to measure total economic activity during a given period of time. (10 Marks)
b. List and explain briefly FIVE operations research techniques. (10 Marks)

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You're reporting an error for "BMF – Nov 2022 – L1 – SB – Q6 – Basics of Business Finance and Financial Markets"

BMF – May 2017 – L1 – SA – Q15 – Management, Individual, and Organisational Behaviour

Multiple-choice question on identifying the approach associated with Operations Research.

Operations Research (OR) is associated with ……………. approach.

A. Human relations
B. Classical
C. Bureaucratic
D. Management science
E. Scientific management

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You're reporting an error for "BMF – May 2017 – L1 – SA – Q15 – Management, Individual, and Organisational Behaviour"

BMF – Mar July 2020 – L1 – SA – Q6 – Basics of Business Finance and Financial Markets

Identifying a non-approach in management science.

Which of the following is NOT an approach used in management science?
A. Mathematical models
B. Statistical methods
C. Behavioral techniques
D. Linear programming
E. Critical path analysis

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