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    Amity University Haryana

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    nidhi malik
    This document appears to be an exam for an Operations Research course. It contains three sections - Section A with multiple choice questions, Section B with longer form questions, and Section C being a comprehensive question. Section A covers topics like limitations of OR modeling, assumptions of LPP, game theory and its applications. Section B includes questions on optimization using probabilities, optimal job assignment, and solving a transportation problem. Section C formulates a production problem as a LPP to maximize total profit.

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    Amity University Haryana

    Uploaded by

    nidhi malik
    23 views2 pages
    This document appears to be an exam for an Operations Research course. It contains three sections - Section A with multiple choice questions, Section B with longer form questions, and Section C being a comprehensive question. Section A covers topics like limitations of OR modeling, assumptions of LPP, game theory and its applications. Section B includes questions on optimization using probabilities, optimal job assignment, and solving a transportation problem. Section C formulates a production problem as a LPP to maximize total profit.

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    OR P 2

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    This document appears to be an exam for an Operations Research course. It contains three sections - Section A with multiple choice questions, Section B with longer form questions, and Section C being a comprehensive question. Section A covers topics like limitations of OR modeling, assumptions of LPP, game theory and its applications. Section B includes questions on optimization using probabilities, optimal job assignment, and solving a transportation problem. Section C formulates a production problem as a LPP to maximize total profit.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    23 views2 pages

    Amity University Haryana

    Uploaded by

    nidhi malik
    This document appears to be an exam for an Operations Research course. It contains three sections - Section A with multiple choice questions, Section B with longer form questions, and Section C being a comprehensive question. Section A covers topics like limitations of OR modeling, assumptions of LPP, game theory and its applications. Section B includes questions on optimization using probabilities, optimal job assignment, and solving a transportation problem. Section C formulates a production problem as a LPP to maximize total profit.

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    © All Rights Reserved
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    Download as pdf or txt
    of 2

    ENROLLMENT NUMBER

    Amity University Haryana


    BBA (G) / BBA – 3C / BBA (B&F)
    Fifth Semester End Term Examinations – December, 2017
    Course Title – Operations Research

    Course Code: MGT2551 / MBF2501


    Exam Dept. Ref.: CWE456
    Time: 3 Hours Maximum Marks: 70
    Note: This question paper has three sections : Section A, Section B and Section C.
    Attempt (i) Any FIVE from Sec.-A.
    (ii) Any TWO from Sec.-B.
    (iii) Section-C is compulsory.

    Section –A (any five) 30 Marks


    (Each question carries 6 marks)

    1. Discuss in brief the limitations of Operation Research modeling.

    2. Explain in short the assumptions of LPP.

    3. Write short notes on:

    (a) Saddle point


    (b) Monte Carlo Simulation

    4. Define Game Theory. Discuss its one of the applications in business world.

    5. You are given A’s payoff s follows

    B’s strategy
    B1 B2 B3
    A’s strategy A1 20 8 -6
    A2 12 10 2
    A3 3 5 6

    Find out the value of the game?

    6. Solve the following problem by “graphical technique”:

    Maximize Z = 10 X1 + 20 X2

    Subject to
    2 X1 + 4 X2≤ 16
    X1 + 5 X2 ≤ 15

    Where X1, X2 ≥ 0

    Page 1 of 2
    Section – B (any two) 20 Marks
    (Each question carries 10 marks)

    7. A bike manufacturer produces 300 units of bikes in a day. The varying level of
    demand for the bikes and their associated probabilities are given as hereunder:

    Demand (units) 260 270 280 290 300 310 320


    Probability 0.05 0.15 0.20 0.35 0.15 0.05 0.05

    The production cost and sales price per unit are Rs 40000/- and Rs 50000/-
    respectively. Unsold quantity, if any, is to be disposed of a loss of Rs 15000. Also
    there is a penalty of Rs 5000/- per unit if the demand is not met. Using the following
    random numbers 12,99,67,93,88,07,72,13,23,39 estimate the total profit/loss for the
    farm for the next 10 days.

    8. A production engineer is considering the rational assignment of four jobs to four


    workers so that the aggregate time to perform all four jobs by all the four workers is
    minimized:

    Jobs
    Workers J1 J2 J3 J4
    A 50 45 56 72
    B 62 47 57 60
    C 54 57 53 69
    D 46 50 65 60

    Find out the optimal assignment and also calculate the minimum aggregate time?

    9. A soft drink company has three factory outlets for its products. It distributes the
    products to five zonal centres for sale. The associated transportation costs are given in
    the following table. The factory capacity is 40, 30, and 50 respectively. Find out the
    initial solution for the following transportation problem using North-West and VAM
    Method:

    Origin/Destinations D1 D2 D3 D4 D5 Supply
    F1 5 4 6 9 10 40
    F2 13 12 6 5 6 30
    F3 12 8 8 7 10 50
    Demand 20 30 25 25 20 120

    Section C (Compulsory) 20 Marks

    10. A bed mart company is in the business of manufacturing beds and pillows. The
    company has 40 hours for assembly and 32 hours for finishing work per day.
    Manufacturing of a bed requires 4 hours for assembly and 2 hours in finishing.
    Similarly a pillow requires 2 hours for assembly and 4 hours for finishing. Profitability
    analysis indicates that every bed would contribute Rs.80, while a pillow contribution is
    Rs.55 respectively. Find out the daily production of the company to maximize the
    contribution (profit). Design this problem as a LPP and solve using the Simplex
    method in order to maximize the total profit.

    Page 2 of 2

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