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Busıness Decısıon Models (ENG)

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  1. 1

    When does a transition matrix is called regular?

  2. 2

    question 9

    What is the pivot number in the tableau above?

  3. 3

    ⌈-3 0 -4 -4 -5⌉

    ⌊-1 1 -2  2 -6⌋

    What is the minimax strategy of Player II in this matrix game ?

  4. 4

    Which term is described by “unconditional decision always to select a particular course of action”?

  5. 5

    What are the probabilities of going from ones state to another called?

  6. 6

    Which of the following variables represents the remainder of an expendable resource and applies to less than or equal constraints?

  7. 7

    What are the probabilities of going from one state to another are called?

  8. 8

    The simplex algorithm iteratively switches to the next ------- solution that is adjacent to the previous -------- solution until it reaches the optimum Z.

    Which of the followings is complete the gaps in the sentence above?

  9. 9

    Which term completes the blank in the following sentence best? A ........... shows the gains and losses that result from a combination of players’ strategy choices.

  10. 10

    Who developed the game theory extensively in the 1950s?

  11. 11

    Which of the following is NOT an example of an stochastic process?

  12. 12

    In a transportaion problem, quantities of items to be sent from m locations are a1, a2, …, am and to be received from n destinations are b1, b2, …, bn. In this context, how many basic variables does the balanced transportation problem have in its basic feasible solution?

  13. 13

    Two corner-point feasible solutions are adjacent if:

  14. 14

    In the minimization models, what is  the objective function is alternatively named?

  15. 15

         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 ?

  16. 16

    The decision maker is a little optimistic, a little pessimistic and the method that involves both cases is called -------.

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

  17. 17

    What indicates that one of a finite number of states of nature is expected to occur at that point in the process in decision tree?

  18. 18

    What is the fifth step in the decision-making process?

  19. 19

    Which of the following is a feasible solution to this linear program: "Minimize Z=x+3y subject to the constraints: y ≤ 2x, x+y ≤ 10, x ≥ 0, y ≥ 0.

  20. 20

        States of Nature

          S1(0.2)  S2(0.3)  S3(0.5)

    A1   50        110         30

    A2   90          40         50

    A3   70        100         10

    What is the lowest loss value of the TL gain strategy table above according to the maximum probability criterion ?

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