Wednesday, 6 May 2015

mb0048 smu mba Spring 2015 IInd sem assignment

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DRIVE- Spring 2015
PROGRAM-MBADS / MBAN2 / MBAHCSN3 / PGDBAN2 / MBAFLEX
SEMESTER- II
SUBJECT CODE & NAME- MB0048 OPERATIONS RESEARCH

Q1. Discuss the methodology of Operations Research. Explain in brief the phases of Operations Research. (Meaning of Operations Research, Methodology of Operations Research, Phases of Operations Research) 2,4,4
Answer:
Definitions of operations research
Churchman, Aackoff, and Aruoff defined operations research as the application of scientific methods, techniques and tools to the operation of a system with optimum solutions to the problemswhere 'optimum' refers to the best possible alternative.


Q2. a. Explain the graphical method of solving Linear Programming Problem.
b. A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper in a week. There are 160 production hours in a week. It requires 0.20 and 0.40 hours to produce a ton of grade X and Y papers. The mill earns a profit of Rs. 200 and Rs. 500 per ton of grade X and Y paper respectively. Formulate this as a Linear Programming Problem.

Answer:
a.       
Graphical Methods to Solve LPP
While obtaining the optimal solution to an LPP by the graphical method, the
statement of the following theorems of linear programming is used:
·         The collection of all feasible solutions to an LPP constitutes a convex set whose extreme points correspond to the basic


Q3. a. Explain how to solve the degeneracy in transportation problems.
b. Explain the procedure of MODI method of finding solution through optimality test.
(a. Degeneracy in transportation problem, b. Procedure of MODI method ) 5, 5
Answer:
a. Degeneracy in transportation problem
A basic solution to an m-origin, n destination transportation problem can have at the most m+n-1 positive basic variables (non-zero), otherwise the basic solution degenerates. It follows that whenever the number of basic cells is less than m + n – 1, the transportation problem is a degenerate one. The degeneracy can develop in two ways:

Q4.
a. Explain the steps involved in Hungarian method of solving Assignment problems.
b. Find an optimal solution to an assignment problem with the following cost matrix:
Answer.
a.)
Hungarian Method Algorithm
Hungarian method algorithm is based on the concept of opportunity cost and is more efficient in solving assignment problems. The following steps are adopted to solve an AP using the Hungarian method algorithm.
Step 1: Prepare row ruled matrix by selecting the minimum values for each row and subtract it from the


Q5.  A) Explain Monte Carlo Simulations.
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.
Answer: Monte Carlo simulations, a statistical technique used to model probabilistic (or “stochastic”) systems and establish the odds for a variety of outcomes. The concept was first popularized right after World War II, to study nuclear fission; mathematician Stanislaw Ulam coined the term in reference to an uncle who loved playing the odds at the Monte Carlo casino (then a world symbol of gambling, like Las

Q6.
a. Explain the dominance principle in game theory.
b. Describe the Constituents of a Queuing System.
c. Differentiate between PERT and CPM
a.
Dominance
In a rectangular game, the pay-off matrix of player A is pay-off in one specific row ( r row ) th exceeding the corresponding pay-off in another specific row( s row ) th . This means that whatever course of action is adopted by player B, for A, the course of action Ar yields greater gains than the course of action As .


Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs 125/subject and rs 700/semester only.
if urgent then call us on 08791490301, 08273413412


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