2nd sem.

MBA FT-2022
Important Question of OR

Q.1 Define Operation Research in management. Write the advantages and limitations of
Operation Research.

Q.2 Explain Operation Research Models.

Q.3 Discuss the role and scope of Quantitative methods for Decision making in business
environment.

Q.4 Write the meaning of LPP. Write the components and assumptions of LPP.

Q.5 Explain the concept of dynamic programming and relation between dynamic and
linear programming approach.

Q.6 Explain graphical methods of solving a LPP. From the following special cases –

1) Unique solution
2) Multiple optimal solution
3) Unbounded solution
4) No solution

Q.7 What do you understand by Transportation model of OR? List various methods of
solving a transportation problem .Which is the best method of solving transportation
problem and why?

Q.8 Explain the terms “Initial feasible solution” , “basic solution” , “Feasible solution” in
the context of transportation model.

Q.9 Write the short note on Degeneracy.

Q.10 Difference between the Assignment Model and Transportation Model.

Q.11 Explain the following in the context of Assignment problem.

1) Balanced Assignment Problem

2) The Hungarian method.
3) Infeasible Assignment.

Q.12 What is a game in game theory. What are the properties of a game? Explain the best
strategy on the basis of minima criterion of optimality.
Q.13 Explain the relationship between game theory and linear programming. Take suitable
example to illustrate your answer.

Q.14 Write notes on Replacement of items which fail suddenly.

Q.15 Write short note on Group Replacement and Individual Replacement policy.

Q.16 Discuss the policy of Replacement of items whose maintenance cost increases with
time but the value of money remains constant during the period.

Q.17 Write short note on simulation and its applications.

Q.18 Discuss Monte Carlo techniques of simulation with example.

Q.19 What is simulation. What are its uses and drawbacks? Discuss steps involved in it .

Q.20 Write a short note on Markov chain analysis. Write its applications.

Important Topics of Practical Problem

i) Graphical method in LPP.
ii) Simplex Method.
iii) Two Phase Method.
iv) MODI Method.
v) Stepping Stone method.
vi) Maximization Problem and Minimization Problem.
vii) Route allocation assignment problem.
viii) Individual Replacement and Group Replacement.
ix) Dominance Rule.
x) Graphical method and shortcut method of game theory.