Preview

642616446 597183

Satisfactory Essays
Open Document
Open Document
431 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
642616446 597183
ASSIGNMENT
DRIVE
PROGRAM
SEMESTER
SUBJECT CODE &
NAME
BK ID
CREDITS
MARKS

WINTER 2014
MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2
II
MB0048
OPERATIONS RESEARCH
B1631
4
60

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.
Questions

Q.No
1

Marks

Total
Marks

Explain the types of Operations Research Models. Briefly explain the phases of
Operations Research.

2

Meaning of Operations Research

2

Types of Operations Research Models

4

Phases of Operations Research

4

10

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.

Meaning of Linear programming problem

2

Explanation of graphical method of solving Linear Programming

4

10

Problem
Formulation of LPP (Objective function & Constraints)
3

4

a. Explain how to solve the degeneracy in transportation problems.
b. Explain the procedure of MODI method of finding solution through optimality test.

4

a. Degeneracy in transportation problem

5

b. Procedure of MODI method

5

10

a. Explain the steps involved in Hungarian method of solving Assignment problems.
b. What do you mean by unbalanced assignment problem? How do you overcome it?

5

Steps in Hungarian method

6

Unbalanced assignment problem

4

10

a. Write a short note on 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

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Paper cost ( 1,300 copies x .007) 9.10 Other supplies & electricity (1,300 copies x 0.004) 5.20 Total variable cost 14.30 2.) Calculate the total labor cost of these jobs Labor cost ( $ 8 x 4 hrs ) 32.00 3.) Suggest a way to assign labor and indirect costs to the cost of a copy made on that Sunday Direct Labor hours used because it is fixed and can be easily measured. 4.) Determine the full cost of one copy on the last Sunday in June, using the cost method in preceeding question. Paper cost 0.007 Other supplies & electricity Other supplies & electricity 0.004 0.004 Labor Cost (8/ hrx 4 hrs)/1300 copies 0.0246 Monthly operating cost (total cost (($5,000/30 days)/8hrs ) hourly rate ( 20.83/ hr x 4hrs )/1,300 copies 0.064 Total Full Cost per copy 0.0996 5. ) Determine the average annual full cost of one copy No. Of copies made / No. Of copies made 1,300 copies / 4hrs = 325 copies per hour Total no. Of copies made = total direct labor-hours x copies made per hour 7,280 hrs x 325 copies per hour = 2,366,000 copies Variable Cost ( 0.011 x 2,366,000 copies ) Labor cost (.0246 x 2,366,000 copies ) Other monthly cost total cost 5,000 x 12 months Total annual cost 26,026.00 58,203.60 144,000.00…

    • 657 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Ac 505 Quiz and Solution

    • 1010 Words
    • 5 Pages

    Raw materials requisitioned for use in production. Direct Materials $ 23,000; Indirect materials, $ 12,000.…

    • 1010 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    345263562

    • 1488 Words
    • 9 Pages

    The oldest fossils of modern humans, archaic humans, and early hominins have all been found in…

    • 1488 Words
    • 9 Pages
    Satisfactory Essays
  • Good Essays

    Mendel Paper Company

    • 1378 Words
    • 5 Pages

    For computer paper for the next fiscal quarter, according to the information given by the superintendent, Mendel Paper Company will receive a profit of $240,000.00. If 30,000 units are produced and sold at $14.00 then the total sales will be $420,000.00. However it costs the company $6.00 to produce each unit. So, 30,000 units at $6.00 a unit costs the company $180,000.00. The total sales cost of $420,000.00 minus the cost of labor of $180,000.00 equals the profit of $240,000.00. News came in however from the vice-president of purchasing that the company has firm orders for 35,000 cartons of computer paper. So, if the company continues to sell each unit of computer paper at $14.00 then the total cost of sales is $490,000.00. It still costs Mendel Paper Company $7.00 to produce each unit, therefore costing the company $245,000.00. Making the total profit of computer paper $245,000.00.…

    • 1378 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    2901288

    • 2635 Words
    • 9 Pages

    JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of…

    • 2635 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Mb300 Unit 1

    • 4739 Words
    • 19 Pages

    Welcome to the unit on Operations Research Management. Operations Research Management focuses on the mathematical scoring of consequences of a…

    • 4739 Words
    • 19 Pages
    Satisfactory Essays
  • Good Essays

    At the current input, Largo Publishing House is not making the optimal choice on input amounts. With the current inputs, they are underestimating the printers employed. Fifty printers could do the job of 1 printing press machine with a savings of $4,000.…

    • 759 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Sampling and Work Study

    • 1135 Words
    • 5 Pages

    (c) What is the variable for question A? Classify the variable as qualitative or quantitative. What is the level of the measurement?…

    • 1135 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    3) A redundant constraint is eliminated from a linear programming model. What effect will this have on the optimal solution?…

    • 2781 Words
    • 17 Pages
    Satisfactory Essays
  • Powerful Essays

    Due Tuesday October 16, 2012 1.1 Eastman publishing Company is considering publishing a paperback textbook on spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and production setup is estimated to be $80,000. Variable production and material costs are estimated to be $3 per book. Demand over the life of the book is estimated to be 4,000 copies. The publisher plans to sell the text to college and university bookstores for $20 each. a. What is the breakeven point? b. What profit or loss can be anticipated with a demand of 4,000 copies? c. With a demand of 4,000 copies, what is the minimum price per copy that the publisher must charge to break even? 1.2 Creative Sports Design (CSD) manufactures a standard-size racket and an oversize racket. The firm’s rackets are extremely light due to the use of a magnesium-graphite alloy. Each standard-size racket uses 0.125 kilograms of the alloy and each oversize racket uses 0.4 kilograms; over the next two-week production period only 80 kilograms of the alloy are available. Each standard-size racket uses 10 minutes of manufacturing time and each oversize racket uses 12 minutes. Also, 40 hours of manufacturing time are available each week. The profit contributions are $10 for each standard-size racket and $15 for each oversize racket. How many rackets of each type should CSD manufacture over the next two weeks to maximize the total profit contribution? a. Define decision variables and formulate the problem. b. Solve the problem using the graphical method. 1.3 Management of High Tech Services (HTS) would like to develop a model that will help allocate their technician’s time between service calls to regular contract customers and new customers. A maximum of 80 hours of technician time is available over the two-week planning period. To satisfy cash flow requirements, at least $800 in revenue (per technician) must be generated during…

    • 1710 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Henry Clements Car rental

    • 453 Words
    • 4 Pages

    From this data, as well as the data given on manufacturing methods and hours per method, a solution could be found utilizing the linear programming method of analysis. To analyze the data, the actual profit on each material was first calculated. This was done by taking the selling price and subtracting each cost associated with the given material. The results are $34.00 for the 75C, $30.00 for the 33C, $60.00 for the 5X, and $25.00 for the 7X. The next step was to determine how many constraints would be part of the analysis. There was determined to be 10 constraints in the analysis, 4 for the April orders, 4 for the manufacturing methods and 2 for the minimum orders promised by Vivian. With this data, the amount of each product to be produced to maximize profit for April could be determined. The results can be seen in Table 3.…

    • 453 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    operation management HW1

    • 1231 Words
    • 5 Pages

    units. The workstation produces this part at the rate of 200 units per day. What…

    • 1231 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    If we increase the one unit in machine hour capacity increases the contribution by Rs. 2000/- as we seen in Q.1 (b) . whereas if we increase the capacity by 100 units of machine hour i.e from 4000 to 4100 contribution increases by Rs. 200000/- . which is (2000 * 100 times) 100 times of Rs. 2000/-. Hence it is been verified.…

    • 947 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Golding Landscaping

    • 462 Words
    • 2 Pages

    To formulate a problem in linear programming, there are three steps in the process; decision variables, an objective function and constraints.…

    • 462 Words
    • 2 Pages
    Good Essays
  • Good Essays

    The decision to be made in this problem is how many of each type of backpack to make. Therefore, we add two changing cells with range name UnitsProduced (C11:D11). The…

    • 531 Words
    • 3 Pages
    Good Essays

Related Topics