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Busıness Decısıon Models (ENG)

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  1. 1

    Which of the following basic concepts of game theory is an element of the pay-off matrix that is simultaneously the smallest element in its row and the largest element in its column?

  2. 2

    Which term completes the blank in the following sentence best? The ..................... pij(n) is the probability that a process in state j will be in state i after n additional transitions.

  3. 3

    Which of the following is numerical value which indicates the amount gained or lost by a player at the end of the game contingent upon the course of actions all of other players?

  4. 4

    Which of the following strategic games is an example of conflict for two players in the game theory?

  5. 5

    When the system has two equations (m = 2) and four variables, how many basic solutions are there?

  6. 6

    The dual of a balanced transportation problem is interpreted as a problem of  ____________.

    Which of the following completes the defintion given above?

  7. 7

    If a system has three equations and five variables, how many basic solutions does it have?

  8. 8

    A ------ variable represents the remainder of an expendable resource and applies to less than or equal constraints. On the other hand, a ------- represents the excess amount of a restricted resource and applies to greater than or equal constraints.

    Which of the followings are complete the gaps, in the sentence above, with the correct order?

  9. 9

    "------- refers that the objective value of Z and the objective value of W are equal only if the basic feasible solution is the optimal for the primal as well as the dual model."

    Which of the below is appropriate for the blank in the quoted sentence?

  10. 10

    A system has 4 equations and 7 variables. For this system of equations, how many non-basic variable(s) are required to determine the basic solutions ?

  11. 11

    Which of the following is not true about matrix games?

  12. 12

    Which of the following(s) is/are among the characteristics of a Two-Person Zero-Sum Games?

    I. There are two players which have m and n strategies

    II. The row player must choose 1 of m strategies

    III. The column player must choose 1 of n strategies

    IV. If the row player chooses his ith strategy and the column player chooses his jth strategy, the row player gains a(ij) and the column player gains b(ij)

  13. 13

    What is the difference between Least Cost Method and Vogel's Approximation Method?

  14. 14
    Which of the following is a linear expression?
  15. 15

    What is the line connecting the nodes on a decision tree called?

  16. 16
    1. Information
    2. Ceryainty
    3. Number of alternatives
    4. Psychological factors

    Which of the above are among the reasons for making decisions easy or difficult?

  17. 17

    What is an anticipated value for a given investment at some point in the future called?

  18. 18
    In the decision making process under risk, the sum of all probabilities assigned to the chance of realization the states of nature must be equal to:
  19. 19

    Which of the terms below can be defined as the function of a linear programming model that is desired to be maximized or minimized?

  20. 20
    In the minimization models, draw a line ________ to the objective function and_______ to the origin. This line should contain at least one point of the feasible region. Find the coordinates of this point by solving the equations of the drawn line and the boundary line(s) of the feasible region.    Which option completes the rules above correctly?
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