Question: A feasible solution to the linear programming problem should
[A].

satisfy the problem constraints

[B].

optimise the objective function

[C].

satisfy the problem constraints and non-negativity restrictions

[D].

satisfy the non-negativity restrictions

Answer: Option C

Explanation:

No answer description available for this question.

Question: Linear programming model can be applied to line balancing problem and transportation problem.
[A].

True

[B].

False

Answer: Option A

Explanation:

No answer description available for this question.

Question: Linear programming can be applied successfully to
[A].

chemical industry

[B].

oil industry

[C].

banks

[D].

all of these

Answer: Option D

Explanation:

No answer description available for this question.

Question: In value engineering, important consideration is given to
[A].

customer satisfaction

[B].

function concept

[C].

profit maximisation

[D].

cost reduction

Answer: Option D

Explanation:

No answer description available for this question.

Question: The aim of value engineering is to
[A].

find the depreciation value of a machine

[B].

determine the selling price of a product

[C].

minimise the cost without change in quality of the product

[D].

all of the above

Answer: Option C

Explanation:

No answer description available for this question.

Question: In value engineering, the term value refers to
[A].

manufacturing cost of the product

[B].

selling price of the product

[C].

total cost of the product

[D].

utility of the product

Answer: Option D

Explanation:

No answer description available for this question.

Question: Gantt chart gives information about
[A].

scheduling and routing

[B].

sales

[C].

production schedule

[D].

machine utilisation

Answer: Option C

Explanation:

No answer description available for this question.