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of Questions : 5]

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SEAT No. :

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P8034 [Total No. of Pages : 3

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M.B.A. - II

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302-GC-12 : DECISION SCIENCE

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(2019 Pattern) (Semester - III)

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Time : 2½ Hours] 02 [Max. Marks : 50
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Instructions to the candidates:

1) Each question carries 10 marks.
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2) Graph paper will not be provided.

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3) Use of non-scientific calculator is allowed.

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Q1) Solve any five: [5×2=10]
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a) Define Probability.
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b) List techniques of initial solution for Transportation problem.

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c) Enlist various methods of decision making under uncertainity.

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d) What is 2×2 zero sum game?

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e) Enumerate any two quantitative techniques for optimal decision in business.
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f) List the drawbacks of graphical solution in LPP.

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g) Define total float in Network diagram.

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h) Define (M/M/I, Infinite, FIFO) in Queuing theory.

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Q2) Solve any two of the following: [2×5=10]

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a) Discuss the use of CPM & PERT in Project Management.

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b) Explain the role of quantitative techniques in decision making.

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c) Describe the steps in Solving Assignment Problem.

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Q3) Solve any one of the following: [1×10=10]

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a) A small bank is allocating maximum 0%. Rs. 21,00,000/- for personal &

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car loans. The interest rates per annum are 11% for car loan & 13% for

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personal loans. The loans are repaid at the end of one year period. The

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amount of personal car cannot exceed 40% of the car loans. Past

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experience has shown that bad debts to 1.2% of all personal loans.

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Formulate & solve the above problem to find the optimum loan

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allocations.
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b) Following is the distribution of defective pieces in a manufacturing process
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of a MNC in Pune.
No. of defective items 0 10 20 30 40 50
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Probability 0.01 0.20 0.15 0.50 0.12 0.02

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Consider the following sequence of random numbers.

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38, 58, 19, 51, 66, 15, 24, 78, 42, 08

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Using this sequence, simulate the number of defective items for next
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10 days.
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Q4) Solve any one of the following: [1×10=10]

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a) In a group of 1000 customers, there are 650 who uses Jio connection,
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400 uses Airtel connection and 150 uses both connections, Jio & Airtel.
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If a customer is selected at random, what is the probability that he uses :
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i) Jio only tat

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ii) Airtel only

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iii) Only one of the two connection and

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iv) At least one of the two connections.

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b) A repairman is to be hired to repair machines which breakdown at an

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average rate of 6 per hour. The breakdown follow poisson distribution.

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The productive time of a machine is considered to cost Rs. 20 per hour.

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Two repairman Mr. X & Mr. Y have been interviewed for this purpose
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Mr. X charged Rs. 100 per hour. and he services breakdown machines
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at rate of 8 per hour. Mr. Y demand Rs. 140 per hour and he services at
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an average rate of 12 per hour. Which repairmen should be hired?

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(Assumes 8 hours shift per day).

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Q5) Solve any one of the following: [1×10=10]

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a) Given the following:

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Activity 1-2 2-3 2-4 2-5 3-7 4-5 4-7 5-6 6-7

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Duration 3 4 4 5 4 2 2 3 2

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(in days)

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Construct the project network. Calculate project duration & determine
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critical path. 02
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b) Determine the optimal strategies for A & B in the following game. Obtain
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value of game.

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B’s Strategy
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B1 B2 B3

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A1 9 8 –7
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A’s A2 3 –6 4
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Strategy A3 6 7 7
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