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Management · Q18

Operations Research or Qualitative Approach

Graduate and Post Graduate · Management · question 18

Q18

__________ models involves the allocation of resources to activities in such a manner that some measure of effectiveness is optimized.

A.
Sequencing
B.
Allocation Models
Answer
C.
Queuing Theory
D.
Decision Theory

Answer: Option B

Solution

Answer: Option B
Solution:
Allocation models involves the allocation of resources to activities in such a manner that some measure of effectiveness is optimized. Allocation models can be created to present possible asset allocation strategies for clients. Diversifying investments by asset categories can offset the fluctuations of the performance of the total portfolio. Besides offering models, OIPA supports the use of funds through allocation configuration.