DRIVE PROGRAM SEMESTER SUBJECT CODE & NAME BK ID CREDITS MARKS

ASSIGNMENT FALL 2013 MBADS / MBAN2 / MBAHCSN3 / PGDBAN2 / MBAFLEX II MB0048 OPERATIONS RESEARCH B1631 4 60

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.
Questions Marks Total Marks Q.No 1 Discuss the methodology of Operations Research. Explain in brief the phases of

Operations Research. Meaning of Operations Research Methodology of Operations Research Phases of Operations Research
2

2 4 4

10

a. Explain the graphical method of solving Linear Programming Problem. b. A firm produces three types of products viz., A, B and C, which are processed on three different machines viz., M1, M2 and M3. The time required to process on unit of each of the products and the daily capacities of machines available per day are given in the following table. The profit earned by selling one unit of type A, B and C is Rs.10, Rs.15 and Rs.20 respectively. It is assumed that what all is produced is consumed in the market. Formulate this as Linear Programming Problem to maximize the profit.

Machines

Time per unit (minutes) Product A Product B 3 2 Product C 2 3 1

Machine capacity available (min.) 400 500 300

5 5 10

M1 M2 M3

5 4 5

Explanation of Graphical method of solving LPP Formulating the LPP

3

Explain the steps involved in finding Initial Basic Feasible solution by the following methods: a. North West Corner Rule method b. Vogels approximation method Steps in North West Corner Rule method Steps in Vogels approximation method 5 5 10

Explain Monte Carlo Simulation method. What are the advantages and limitations of Simulation? Explanation of Monte Carlo Simulation method Advantages of Simulation Limitation of Simulation 5 2.5 2.5
10

Explain the Characteristics and Constituents of a Queuing System. Meaning of Queuing Theory Characteristics of a Queuing System Constituents of a Queuing System
2 4 4 10

a. What do you mean by dominance? State the dominance rules for rows and columns. b. What are the differences between PERT and CPM? Meaning of Dominance Dominance rules for rows and columns Meaning of PERT and CPM Differences between PERT and CPM
2 3 2 3 10