Preview

Operations Research Smu-de Mba Sem 2

Satisfactory Essays
Open Document
Open Document
405 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Operations Research Smu-de Mba Sem 2
Spring 2013

Master of Business Administration- MBA Semester 1 MB0048 –Operations Research- 4 Credits (Book ID: B1631) Assignment Set - 1 (60 Marks)
Note: Assignment Set -1 must be written within 6-8 pages. Answer all questions. Q1. Explain the scope of Operations Research. What are the features of Operations
10 marks (300 - 350 words each)

Research?

Q2. Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given

10 marks

in the matrix below. Determine the optimal assignment. Which operator will have no assignment? Operators Jobs 1 2 3 4 5 6 2 5 2 6 1 2 5 8 7 7 2 7 8 6 9 8 3 6 2 3 4 5 4 9 3 8 9 7 5 4 7 4 6 8 6
Q3. a. Explain the Monte Carlo Simulation.

5 +5 = 10 marks (200 - 250 words each)

b. A Company produces 150 cars. But the production rate varies with the distribution. Production Rate Probability 147 0.05 148 0.10 149 0.15 150 0.20 151 0.30 152 0.15 153 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.
Q4. Explain the Characteristics and Constituents of a Queuing System.
10 marks (300 - 350 words each)

Spring 2013

Q5. a. What do you mean by dominance? State the dominance rules for rows and

5 +5 = 10 marks (200 - 250 words each)

columns. b. Find the saddle point of the following game and state the optimum strategies for players A and B A 1 1 B 2 3 4
Q6.

2 3 5 4 6

3 1 4 4 2

4 8 6 3 2

5 0 7 8 1

9 6 2 5

a What are the differences between PERT and CPM? b. A project has eleven activities whose duration is given in the following table: Activity Duration (days) i. Draw the network ii. Identify the critical activities and critical path. 0-1 2 1-2 8 1-3 10 2-4 6 2-5 3 3-4 3 3-6 7 4-7 5 5-7 2 6-7 8 7-8 3
5 +5 = 10 marks (200 - 250 words each)

You May Also Find These Documents Helpful

  • Good Essays

    b. The value of the optimal solution to the revised problem is 8(2.5) + 12(2.5) = 50.…

    • 730 Words
    • 11 Pages
    Good Essays
  • Better Essays

    2. Choose a cost driver like labor hours, machine hours used for the purpose of allocation…

    • 1854 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    OPRE/411 Week 4

    • 379 Words
    • 2 Pages

    complete the model in the given file in Blackboard and report the optimal solution and…

    • 379 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Calculate the costs allocated to the production departments using each allocation base. Comment on which allocation base is preferable.…

    • 333 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Experiential Exercises

    • 276 Words
    • 3 Pages

    April Knepper is the new supervisor of an assembly team. It is time for her to make pay raise allocations for her subordinates. She has been budgeted $3,000 to allocate among her seven subordinates as pay raises. There have been some ugly grievances in other work teams over past allocations, so Knepper has been advised to base the allocations on objective criteria that can be quantified, weighted, and computed in numerical terms. After she makes her allocations, Knepper must be prepared to justify her decisions. All of the evaluative criteria available to Knepper are summarized as follows:…

    • 276 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    1. Let X be the demand for the toy. Then X follows normal distribution with mean μ = 20000 and standard deviation σ. Then…

    • 1563 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Answer: Capacity is the maximum rate of output of a process or a system. And utilization is measured as the ratio of average output rate to maximum capacity. In Southwest, capacity can be measured in available seat-miles (AMS) pre month. Therefore, utilization can be measured as the ratio of average seat-mile rate to maximum seat-miles.…

    • 1717 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    In regard to the third part of the case (Lost revenue due to copier being out of service), I first had to find the uniform probability distribution between 2,000 and 8,000 (the estimated copies per day by the owners). To find the numbers of copies lost, I used the formula =6000*J4+2000 and I pulled the formula down…

    • 768 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Small Building Contractor

    • 280 Words
    • 2 Pages

    b. Maximin- - Determine the worst possible payoff of each alternative, and choose the alternative that has the “best worst”.…

    • 280 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    UNIVERSITI TEKNOLOGI MALAYSIA ENGINEERING STATISTICS – SSE/SSCE 2193 2012/2013 SEMESTER I TEST 1 - 15% 1 hour ANSWER ALL QUESTIONS 1. a) An experiment is conducted to select a suitable catalyst for the production of a dispersant for cleaning oil spill in Straits of Malacca. Suppose Ir. Aziz, the chemical engineer randomly selected three catalysts for testing from 10 different proposed catalysts. Four of the catalysts have high acidity level and six of the catalysts have low acidity level. Calculate the probability that not more than one high acidity level catalyst is selected. [4 marks] b) Potholes on a highway can be a serious problem and are in constant need of repair. With a particular type of terrain and make of concrete, past experience suggests that, on the average, 2 potholes per kilometre after a certain amount of usage. It is assumed that the Poisson process applies to the random variable for the number of potholes. i. What is the probability that there will be between 3 and 9 potholes in a given section of 5 km. [2 marks] ii. the What is the probability that there will be more than 3 km section before next pothole is found. [3 marks]…

    • 525 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Describe the nature of operations management in the following organizations. In doing this, first identify the purpose and products of the organization; then use the four decision types to identify important operations decisions and responsibilities.…

    • 1581 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    Payoff function = TR-TC = (100-5Pi +2P-i)(Pi-10) = 100Pi – 1000 – 5Pi^2+50Pi + 2P-iPi – 20P-i…

    • 565 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Or - How to Approach Quiz

    • 483 Words
    • 2 Pages

    Subject: Operations Research Quiz: Model Question Paper Note: Tick ( √ ) the right answers & Fill-up the blanks wherever blanks are given…

    • 483 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Cwa Test Paper

    • 2477 Words
    • 10 Pages

    (c) Choose the correct answer from the answers given for each of the following questions. Indicate workings briefly : (i) A worker has a time rate of Rs. 15/hr. He makes 720 units of a component (standard time:5 minutes/unit in a week of 48 hours. His total wages including Rowan bonus for the week is —————. (A) Rs. 792 (B) Rs. 820 (C) Rs. 840 (D) Rs. 864. (ii) A television company manufactures several components in batches. The following data relates to on component : Annual demand : 32,000 units; Set-up cost per batch : Rs. 120. Annual rate of interest : 12%; Cost of production per unit : Rs. 16. The Economic Batch Quantity is ___________ units (A) 2,500 (B) 4,000 (C) 3,000 (D) 2,000 (iii) A company has annual turnover of Rs. 200 lakhs and an average C/S…

    • 2477 Words
    • 10 Pages
    Good Essays
  • Satisfactory Essays

    Accepted as partial fulfilment of the requirements for the Degree Bachelor of Science in Business Administration Major in Operations Management.…

    • 2612 Words
    • 13 Pages
    Satisfactory Essays