Busıness Decısıon Models (ENG)
Deneme Sınavı Soruları
- 20 soru
- Cevap anahtarı açık: çöz, sonucunu gör
- 1
The table provides the possible profit values for the monthly demand levels for each location. The aim of the decision maker is to make the maximum profit. Determine the most appropriate decision for the problem according to the Equally Likely Method.

- 2
If the problem is the maximization, the best outcome is the highest value. In this case, the alternative which is the highest value is chosen.
According to the explanation given above, which of the following is this method?
- 3
What is the line connecting the nodes on a decision tree called?
- 4
Which of the following is true about maximum probability criterion?
- 5
What kind of a decision making environment is when the decision maker knows everything about the problem and outcomes of the events?
- 6
What is the range of the probability values?
- 7Which of the following assumptions casts out any variable that has an exponent other than 1?
- 8
Which of the following describes when the expected value criterion is commonly used in decision making at risk?
- 9
Which method is defined as the difference between the optimal and the actual pay-off?
- 10
I. Expected Monetary Value
II. Expected Opportunity Loss
III. Maximum Certainty
IV. Maximum Probability
Which of the criterions above are among decision theory criterions?
- 11
What is the expected value of perfect information (EVPI)?
- 12
States of Nature
S1(0.2) S2(0.3) S3(0.5)
A1 50 110 30
A2 100 60 50
A3 70 90 60
What is the minimum Expected Opportunity Loss of the TL cost strategy table above ?
- 13
Which of the following is the environment which is the decision maker knows everything about the problem in?
- 14
In the maximization models, how is the objective function is alternatively named?
- 15
How are decision situations in which the chance of occurrence of each state of nature is known or can be estimated defined?
- 16
When the decision maker has no information about the probabilities of occurrence and outcomes of the events, what is the decision making environment called?
- 17
When the steps of operations research are taken into consideration, which is the step to be followed after model construction?
- 18
What is the process of choosing the most appropriate one of the alternatives called?
- 19A non-negativity constraint requires ________. Which of the following completes the statement above?
- 20
- List all possible decision alternatives
- Define decision problem
- Establish objectives
- Select the most appropriate decision making method and apply this method
- Identify the possible outcomes for each decision alternative
- Determine the best alternative and make your decision
- Identify the pay-off matrix for each combination of alternatives and events
What is the correct order of the steps of decision making process above?