12th Business Mathematics and Statistics - Book Back Answers - Chapter 10 - English Medium Guides

 

 

Plus Two / 12th Business Mathematics and Statistics - Book Back Answers - Chapter 10 - English Medium

Tamil Nadu Board 12th Standard Business Mathematics and Statistics - Chapter 10: Book Back Answers and Solutions

    This post covers the book back answers and solutions for Chapter 10 – Business Mathematics and Statistics from the Tamil Nadu State Board 12th Standard Business Mathematics and Statistics textbook. These detailed answers have been carefully prepared by our expert teachers at KalviTips.com.

    We have explained each answer in a simple, easy-to-understand format, highlighting important points step by step under the relevant subtopics. Students are advised to read and memorize these subtopics thoroughly. Once you understand the main concepts, you’ll be able to connect other related points with real-life examples and confidently present them in your tests and exams.

    By going through this material, you’ll gain a strong understanding of Business Mathematics and Statistics  Chapter 10 along with the corresponding book back questions and answers (PDF format).

Question Types Covered:

• 1 Mark Questions: Choose the correct answer, Fill in the blanks, Identify the correct statement, Match the following 
• 2 Mark Questions: Answer briefly 
• 3, 4, and 5 Mark Questions: Answer in detail

All answers are presented in a clear and student-friendly manner, focusing on key points to help you score full marks.

All the best, Class 12 students! Prepare well and aim for top scores. Thank you!

Chapter 10:

I. Multiple Choice Questions

1. The transportation problem is said to be unbalanced if __________.
(a) Total supply ≠ Total demand
(b) Total supply = Total demand
(c) m = n
(d) m+n–1
Answer Key:
(a) Total supply ≠ Total demand

 
2. In a non – degenerate solution number of allocations is
(a) Equal to m+n–1
(b) Equal to m+n+1
(c) Not equal to m+n–1
(d) Not equal to m+n+1
Answer Key:
(a) Equal to m+n–1

 
3. In a degenerate solution number of allocations is
(a) equal to m+n–1
(b) not equal to m+n–1
(c) less than m+n–1
(d) greather than m+n–1
Answer Key:
(c) less than m+n–1

 
4. The Penalty in VAM represents difference between the first __________
(a) Two largest costs
(b) Largest and Smallest costs
(c) Smallest two costs
(d) None of these
Answer Key:
(c) Smallest two costs

 
5. Number of basic allocation in any row or column in an assignment problem can be
(a) Exactly one 
(b) at least one
(c) at most one 
(d) none of these
Answer Key:
(a) Exactly one 

 
6. North-West Corner refers to __________
(a) top left corner
(b) top right corner
(c) bottom right corner
(d) bottom left corner
Answer Key:
(a) top left corner

 
7. Solution for transportation problem using __________ method is nearer to an optimal solution.
(a) NWCM 
(b) LCM
(c) VAM 
(d) Row Minima
Answer Key:
(c) VAM 

 
8. In an assignment problem the value of decision variable xij is __________
(a) 1 
(b) 0
(c) 1 or 0 
(d) none of them
Answer Key:
(c) 1 or 0 

 
9. If number of sources is not equal to number of destinations, the assignment problem is 

called __________
(a) balanced 
(b) unsymmetric
(c) symmetric 
(d) unbalanced
Answer Key:
(d) unbalanced

 
10. The purpose of a dummy row or column in an assignment problem is to
(a) prevent a solution from becoming Degenerate
(b) balance between total activities and total resources
(c) provide a means of representing a dummy problem
(d) none of the above
Answer Key: 

(b) balance between total activities and total resources

 
11. The solution for an assignment problem is optimal if
(a) each row and each column has no assignment
(b) each row and each column has atleast one assignment
(c) each row and each column has atmost one assignment
(d) each row and each column has exactly one assignment
Answer Key:
(d) each row and each column has exactly one assignment

 
12. In an assignment problem involving four workers and three jobs, total number of assignments possible are
(a) 4 
(b) 3 
(c) 7 
(d) 12
Answer Key:
(b) 3 

 
13. Decision theory is concerned with
(a) analysis of information that is available
(b) decision making under certainty
(c) selecting optimal decisions in sequential problem
(d) All of the above
Answer Key:
(d) All of the above

 
14. A type of decision –making environment is
(a) certainty 
(b) uncertainty
(c) risk 
(d) all of the above
Answer Key:
(d) all of the above

II. Short answer questions

12th BM

III. Long answer questions

12th BM