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

.
Q.
No
1

Questions

Marks

Total
Marks

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

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 manhours 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 .
A

Meaning of Linear programming problem

Explanation of graphical method of solving Linear Programming

10

Problem
Formulation of LPP (Objective function & Constraints)

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).
Warehouse

Factories

Warehouse requirements

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 800 600 1100 2500

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) to

10

find the initial feasible solution.

b. Calculation/solution to the problem

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)

10

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

an IPP

a. Explain Monte Carlo Simulation.

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

147

148

149

150

151

152

153

Probability

0.05

0.10

0.15

0.20

0.30

0.15

0.05

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,
30, 02, 64, 47.
A

Explanation of Monte Carlo Simulation

Calculation/ Solution to the problem

10

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 and CPM

10

*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