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26. Statement–I: Operation research is the application of scientific methods to the study of alternatives in a problem the situation with a view to providing a qualitative basis for arriving at an optimum the solution in terms of goal sought. Statement–II: Operation research is a quantitative commonsense embracing observation, experiment and reasoning.
(I) is correct but (II) is incorrect.
Both (I) and (II) are correct.
Both (I) and (II) are incorrect.
(II) is correct but (I) is incorrect.
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27. Match the items of List–I with List–II:
(a) (b) (c) 1 2 3
(a) (b) (c) 2 3 1
(a) (b) (c) 3 2 1
(a) (b) (c) 3 1 2
28. Statement–I: X-chart, np-chart, and Rchart are the techniques used for product control under Statistical Quality Control. Statement–II: operating characteristic curve helps determine whether a particular acceptance sampling the plan meets both the product’s and the consumer’s risk requirements.
Both the statements are correct.
Both the statements are incorrect.
Statement–I is correct while Statement–II is incorrect.
Statement–I is incorrect while Statement– II correct.
29. Statement–I: When there are a large number of decision variables (more than three) and constraints, iterative mathematical procedures like the simplex method can be used for product-mix decisions. Statement–II: Monte Carlo is an approach for simulating the probability distribution by associating and then selecting random numbers.
Both statements are correct.
Both statements are incorrect.
Statement–I is incorrect while Statement– II is correct.
30. In the context of work study, an element is rated as 120% and the actual readings (in minutes) are as under: 0.05, 0.06, 0.05, 0.05, 0.05 0.06, 0.06, 0.05, 0.06, 0.06 What is the normal time for the element?
0.055 minutes
0.060 minutes
0.066 minutes
0.052 minutes
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