Question 1) What do you mean by O.R.
Question 2) List the assumptions used in constructing L.p. model for the problem.
Question 3) Define and describe the various environments under which decisions are made.
Question 4) What do you mean by Simulation.
Question 5) Describe the terms balking, reneging and jockeying in the context of the queuing phenomenon.
Question 6) What are individual and group replacement policies?
Question 7) What do you mean, by pure and mixed strategies?
Question 8) What is a queue?
Question 9) Write down some applications of queuing theory.
Question 10) State an inventory problem.
Question 11) What the various costs associated with the inventory problem?
Question 12) State event, activity, dummy activity and a network.