Questions from General Business Management


Q: List the advantages and disadvantages of solving integer programming problems by (

List the advantages and disadvantages of solving integer programming problems by (a) rounding off and (b) enumeration.

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Q: What does it mean to rank goals in goal programming? How

What does it mean to rank goals in goal programming? How does this affect the problem’s solution?

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Q: What is meant by satisficing, and why is the term often

What is meant by satisficing, and why is the term often used in conjunction with goal programming?

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Q: What are deviational variables? How do they differ from decision variables

What are deviational variables? How do they differ from decision variables in traditional LP problems?

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Q: Why is linear programming useful in CPM crashing?

Why is linear programming useful in CPM crashing?

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Q: What is an activity? What is an event? What is

What is an activity? What is an event? What is an immediate predecessor?

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Q: Describe how expected activity times and variances can be computed in a

Describe how expected activity times and variances can be computed in a PERT network.

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Q: Why must the service rate be greater than the arrival rate in

Why must the service rate be greater than the arrival rate in a single-channel queuing system?

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Q: Do you think the application of simulation will increase strongly in the

Do you think the application of simulation will increase strongly in the next 10 years? Why or why not?

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Q: What is operational gaming? What is systems simulation? Give examples

What is operational gaming? What is systems simulation? Give examples of how each may be applied.

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