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ASSIGNMENT

DRIVE
PROGRAM
SEMESTER
SUBJECT CODE
& NAME
BK ID
CREDITS
MARKS

SUMMER 2015
MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2
II
MB0048
OPERATIONS RESEARCH
B1631
4
60

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Q.
No
1

Questions

Mark
s

What are the features of operations research? What are the limitations of

Tota
l
Mar

operations research?
A

List and explain any five features of operations research

List and explain the five limitations of operations

research

10

a. Explain the graphical method of solving Linear Programming Problem.


b. A furniture manufacturing company plans to make two products: chairs and tablesfrom its available resources, which consists of 400 board feet of mahogany timber and
450 man-hours of labour. It knows that to make a chair requires 5 board feet and
10 man- hours and yields a profit of Rs.45 while each table uses 20 board feet and
15 man-hours and has a profit of Rs.80.
Formulate the LPP to maximise the profit.

Source: Srivastava, U. K., Shenoy, G.V., & Sharma, S. C. (2007).


Quantitative Techniques for Mangerial Decisions. Delhi: New Age
International (P) Limited .
Meaning of Linear programming problem
2

Explanation of graphical method of solving Linear Programming

Problem
Formulation of LPP (Objective function & Constraints)

Warehouse

Factories

Warehouse

1.

50

40

80

400

2.

80

70

40

400

3.

60

70

60

500

4.

60

60

60

400

5.

30

50

40

800

Factory
availability

80
0

60
0

110
0

2500

10

a. List the steps of the Vogels Approximation Method(VAM) to find the


initial feasible solution.
b. The XYZ manufacturing company has a current transportation schedule which is
being questioned by the top management as to whether or not it is optimal. The
firm has 3 factories and 5 warehouses. The unit transportation costs (in Rs.),
factory capacities, and ware house requirements are given below. Find the initial
feasible solution using Vogels Approximation Method (VAM).

Source: Srivastava, U. K., Shenoy, G.V., & Sharma, S. C. (2007).


Quantitative Techniques for Mangerial Decisions. Delhi: New Age
International (P) Limited .
A

a. Write the steps of the Vogels Approximation Method (VAM)

10

to find the initial feasible solution.


7

b. Calculation/solution to the problem


4

a. What is Integer Programming Problem (IPP) ?


b. Explain Gomorys all integer algorithm of an IPP.

Define Integer Programming Problem(IPP)

List the types of Integer Programming Problem(IPP)

List and briefly explain the steps of Gomorys all integer algorithm of

10

an IPP

Production Rate
Probability

14
7
0.0

14
8
0.1

149

150

151

152

153

0.15

0.20

0.30

0.15

0.05

a. Explain Monte Carlo Simulation.


b. A Company produces 150 cars. But the production rate varies with the distribution.

At present the track will hold 150 cars. Using the following random numbers
determine the average number of cars waiting for shipment in the company and
average number of empty space in the truck. Random Numbers 82, 54, 50, 96, 85,
34,
A

30, 02, 64, 47.


Explanation of Monte Carlo

Simulation Calculation/ Solution to

10

the problem
6

a. Explain the dominance principle in game theory.

b. Describe the Constituents of a Queuing System.


c. Differentiate between PERT and CPM
A

Dominance principle in game

theory Constituents of a Queuing

System Differences between PERT

10

and CPM
*A-Answer
Note Please provide keywords, short answer, specific terms, specific examples and marks
break - up (wherever necessary)
Note Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme