A

1) What is the most likely objective of operations research?

c) Optimum solution

2) Which of the following is not a principal element of the decision problem?

d) Specification of the limitations under which the modeled system operates.

3) What step in the operations research study translates the problem definition into
mathematical relationships?
a) Model construction

4) What element of the linear programming model that needed to be satisfied by the
solution?
c) Constraint

5) Which of the following special case in LP simplex application indicates that there
exists a multiple of optimum solutions of a given LP problem:
a) Alternative Optima

B
1. O
2. C
3. N
4. K
5. M
6. J
7. F
8. D
9. H
10. I
11. L
12. B
13. A
14. E
15. G
C
1.  It involves working with things and with people, with certainties and with
possibilities and probabilities. The science includes understanding the processes,
tools, and techniques. The art is in applying them effectively within the context of the
people who provide the inputs, the people who process the inputs into outputs, the
people.

2. Operations research creates feasible solutions to complex business challenges and

uses data to create information, which organizational leaders can use as insights to
improve results and make more informed decisions about the future of the company.
Operations research relies on analytics, which uses mathematical and scientific
methods in the analysis and various problems. By using these methods, operations
research can provide a more detailed and insightful analysis to decision-makers. This
allows them to implement more comprehensive and thorough solutions to problems. It
can also help them understand how to analyze similar problems in the future. By
using proven methods and modeling technique operations research can also help
companies eliminate uncertainties that might arise. Inputting realistic data into a
model that's already been effective at solving problems can help reduce or even
eliminate uncertainties for companies. Having reliable data to resolve challenges can
instill confidence in company leaders and make it easier for them to manage complex
business processes. By helping to reduce business uncertainties and improve the
coordination between different departments and teams, operations research can also
support increased productivity in the workplace. The advanced models that it uses can
provide managers with the information necessary to make more thoughtful decisions,
whether those decisions involve upgrading new technology or expanding into a new
market. It's also useful for routine business tasks such as workforce planning. 
D.
B.