Question: Hungarian method assigns employees to tasks based on their competencies. true/false? The Transportation Simplex method is applicable to solve problems having minimisation objectives only. true/false?

  1. Hungarian method assigns employees to tasks based on their competencies. true/false?

  1. The Transportation Simplex method is applicable to solve problems having minimisation objectives only. true/false?

  1. Dummy agents or tasks are created to transform unbalanced into a balanced Assignment Problem. true/false?

  1. Simulation is not a recommended decision-making technique when a situation is too complicated to use standard analytical procedures. true/false?

  1. Similar to Linear Programming, Simulation is an optimisation solution technique. true/false?

  1. The simulation guarantees the recommended solution is always optimal. true/false?

  1. When drawing a Decision Tree, a chance node is used to represent controllable inputs to a decision problem. true/false?

8. A high expected value indicates that the Sample Information is almost as good as Perfect Information. true/false?

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