FORM NO. - GITM-FRM-66 (REV. NO.

02)
FORM NO. - GITM-FRM-66 (REV. NO. 02)
GURGAON INSTITUTE OF TECHNOLOGY & MANAGEMENT
DEPARTMENT ASH SESSIONAL EXAM 2 nd GURGAON INSTITUTE OF TECHNOLOGY & MANAGEMENT
DEPARTMENT ASH SESSIONAL EXAM 2 nd
SUBJECT: Operation Research PAPER CODE 16IMG22C6
SUBJECT: Operation Research PAPER CODE 16IMG22C6
TIME 1:30 Hrs. MARKS 60 DATE: 25-04-2017
TIME 1:30 Hrs. MARKS 60 DATE: 25-04-2017
SESSIONAL QUESTION PAPER EXAMINER Ritu Malik
SESSIONAL QUESTION PAPER EXAMINER Ritu Malik
Instructions: Attempt three questions in all. Q. No. 1 is compulsory.
Instructions: Attempt three questions in all. Q. No. 1 is compulsory.

Q.No.1 (a) Explain Decision making under uncertainity?

(b) Differentiate between (i) PERT and CPM. (ii) float and slack?
(c) Differentiate between Pure and mixed strategies?
(d) What is the purpose of using dummy in PERT- CPM?
(e) What are the five types of queuing system as per Kendalls Notation?
Q.No.1 (a) Explain Decision making under uncertainity?
(b) Differentiate between (i) PERT and CPM. (ii) float and slack?
(c) Differentiate between Pure and mixed strategies?
20 (d) What is the purpose of using dummy in PERT- CPM?
(e) What are the five types of queuing system as per Kendalls Notation? 20

Q.No.2 Assuming that the expected times are normally distributed, the following table gives their
time estimates. Q.No.2 Assuming that the expected times are normally distributed, the following table gives their
Activity A B C D E F G time estimates.
Immediate Predecessor - - - A B C D,E Activity A B C D E F G
Most likely time (t m) 1 4 2 1 5 5 6 Immediate Predecessor - - - A B C D,E
Pessimistic time (tp) 7 7 8 1 14 8 15 Most likely time (t m) 1 4 2 1 5 5 6
Optimistic Time (to) 1 1 2 1 2 2 3 Pessimistic time (tp) 7 7 8 1 14 8 15
Optimistic Time (to) 1 1 2 1 2 2 3
(a) Draw the project network and identify the critical path.
(b) Find the probability of completing the project within 30 days. (a) Draw the project network and identify the critical path.
(c) Find the date on which the project manager can complete the project with a probability of 0.90 (b) Find the probability of completing the project within 30 days.
(d) Find the Total floats and free float for each activity. 20 (c) Find the date on which the project manager can complete the project with a probability of 0.90
(d) Find the Total floats and free float for each activity. 20

Q. No.3 (a) Explain the field of applications of queuing theory and the main characteristics of a queuing theory.
(b) Demand pattern for roses (in dozens) at a flower shop is as given below: Q. No.3 (a) Explain the field of applications of queuing theory and the main characteristics of a queuing theory.
(b) Demand pattern for roses (in dozens) at a flower shop is as given below:
Demand 70 80 90 100
No. of days 5 10 20 15 Demand 70 80 90 100
No. of days 5 10 20 15
The roses are purchased at Rs. 10 / dozen and sold at Rs. 30 /dozen. All unsold roses are donated to a local
hospital. How much dozens of roses should be purchased by the flower shop owner? Also find the value The roses are purchased at Rs. 10 / dozen and sold at Rs. 30 /dozen. All unsold roses are donated to a local
of EVPI. hospital. How much dozens of roses should be purchased by the flower shop owner? Also find the value
of EVPI.

Q.No.4 What is Simulation? How does simulation help managers take better decisions than worse
decisions? Taking suitable example explain the use of simulation in business decisions. Also Q.No.4 What is Simulation? How does simulation help managers take better decisions than worse
explain the the advantages and limitations of Simulations? 20 decisions? Taking suitable example explain the use of simulation in business decisions. Also
explain the the advantages and limitations of Simulations? 20