Management Information Systems - Section 3 Multiple Questions and Answers.




26.The following method/s are used in Transportation Models of Operations Research:
A. VogeFs Approximation Method
B. North West Corner Method
C. Least Cost Method
D. All of the above

27.An inventory management system should answer the questions
A. what and why
B. when and how much
C. who and why
D. where and when

28.CBCT stands for
A. Customer Bank Credit Terminal
B. Commercial Banking Credit Terminal
C. Customer-Bank Communication Terminal
D. Commercial Bank Communication Terminal

29.A Monte Carlo simulation is an example of a(n)
A. static model
B. optimizing model
C. both (a) and (b)
D. neither (a) nor (b)

30.Which of the following is a component of an expert system?
A. explanation module
B. knowledge base
C. natural language interface for the user
D. inference machine

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