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Total Questions : 83 | Page 7 of 9 pages
Question 61. Matrix Data Analysis diagram is used in ‘Principle Component Analysis’.
  1.    True
  2.    False
  3.    May be True or False
  4.    Can't say
 Discuss Question
Answer: Option A. -> True
Answer: (a).True
Question 62. Which one of the following is the only new seven management tool that uses numerical data and produces numerical results?
  1.    Affinity diagram
  2.    Tree diagram
  3.    Matrix Data Analysis diagram
  4.    Relationship diagram
 Discuss Question
Answer: Option C. -> Matrix Data Analysis diagram
Answer: (c).Matrix Data Analysis diagram
Question 63. In a matrix data analysis diagram, two different brands are compared. Brand 1 is having the coordinates (40,6) and Brand 2 is having the coordinates (40,-6). X-axis is the cost of the item and Y-axis is customer satisfaction. Which brand would you prefer?
  1.    Brand 2
  2.    Brand 1
  3.    Both are equally preferred
  4.    Can’t be determined
 Discuss Question
Answer: Option B. -> Brand 1
Answer: (b).Brand 1
Question 64. Which one of the following is not an area of application of PDPC?
  1.    New product development
  2.    Building equipment
  3.    Decision making involved in a new task
  4.    Decision making where planning is not involved
 Discuss Question
Answer: Option D. -> Decision making where planning is not involved
Answer: (d).Decision making where planning is not involved
Question 65. Which among the following are best known arrow diagrams?
  1.    CPM and matrix data analysis diagram
  2.    PERT and matrix data analysis diagram
  3.    CPM, PERT and matrix data analysis diagram
  4.    CPM and PERT
 Discuss Question
Answer: Option D. -> CPM and PERT
Answer: (d).CPM and PERT
Question 66. CPM is the abbreviation for ________
  1.    Critical Process Method
  2.    Critical Procurement Method
  3.    Critical Powerful Method
  4.    Critical Path Method
 Discuss Question
Answer: Option D. -> Critical Path Method
Answer: (d).Critical Path Method
Question 67. Which of the following is not an output of arrow diagram?
  1.    To show the paths to complete a project
  2.    To find the shortest time possible for the project
  3.    To calculate the mean, median and mode of a sample data
  4.    To display graphically simultaneous activities
 Discuss Question
Answer: Option C. -> To calculate the mean, median and mode of a sample data
Answer: (c).To calculate the mean, median and mode of a sample data
Question 68. PERT is the abbreviation for ________
  1.    Project Evaluated and Review Technique
  2.    Project Evaluation and Response Technique
  3.    Program Evaluation and Response Technique
  4.    Program Evaluation and Review Technique
 Discuss Question
Answer: Option D. -> Program Evaluation and Review Technique
Answer: (d).Program Evaluation and Review Technique
Question 69. Pareto analysis is also known by _______
  1.    80/20 rule
  2.    Demand forecasting
  3.    Benchmarking
  4.    Job Scheduling
 Discuss Question
Answer: Option A. -> 80/20 rule
Answer: (a).80/20 rule
Question 70. Which of the following is not a type of histogram?
  1.    Isolated peak
  2.    Comb
  3.    Truncated
  4.    Pie Chart
 Discuss Question
Answer: Option D. -> Pie Chart
Answer: (d).Pie Chart

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