B.Com. (Accounting and Finance) SEM III 2016 2017 Feb 2017 ATKT QMB Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q2 Figures to right indicate full marks to corresponding sub question,
2. Q3 Use of simple calculator is allowed
3. Q1 A). any eight of the following match the pairs. Graphi representation of decision problem a. artificial variable 2, Expected with perfect information 8 marks
4. Q3 Expected Value
5. Q1 B). Attempt any seven True or False. The transportation Problem is balanced if Demand is equal to Supply North-West corner method is solution to assignment proble 7 marks
6. Q3 Transportation problem means one to one allocation
7. Q4 Opportunity loss table will contain all positive values
8. Q5 The Hungarian method is designed to solve assignment problem efficiently,
9. Q6 The best act using EMV and EOL are same
10. Q7 An assignment problem may have more than one Optimal
11. Q8 Decision variable in LPP should be either zero or negative
12. Q9 State of nature are under the control of decision maker, A constraint is called redundant when it does not affect the solution,
13. Q2 A) Five books are Placed at random in a shelf. Find probability that a particular pair of book Shall be together 2) never together. (8)
14. Q2 B) A decision maker is faced with three alternatives an four states of nature. Following is the payoff table. Construct a decision tree and using EMV criteria find the optimum decision. (7)
    • P) A bag contains 10 white and 11 black balls . Two balls are drawn simultaneously from the bag Find the probability of getting 1) both white balls 2)one white and one black balls 3) no white balls.(8)
15. Q2 Q) A management is faced with problem of choosing one’ of the three products for manufacturing, The potential demand for each product may be good, fair or poor, The probabilities of each type of demand and the payoff table are given below. Find the optimum decision using EMV and EOL criteria.(7) Probability of Demand Products Type of Demand in 1000 Rs \Q. 3 A) Solve the following LLP by simplex method \ OR Q. 3 P) agrees to charter planes for a group. The group needs atleast 160 first class (15) ‘Seats and atleast 300 tourist class seats. The airline must use atleast two of its model planes which have 20 first class and 20 tourist class seats. The airline will also use some a of its model 535 planes which have 20 first class seats and 60 tourist class seats. Each flights of model 314 planes cost the company Rs] lakh and each flight of a model 535 planes costs Rs1.Slakh. How many of each type planes should be used to minimize the total flight costs,
16. Q4 A) There are three plants A,B,C with capacity 1000,1000,2000 units. They supply to four ware houses with demands of units. Find IFS by VAM and OR Q.4P)A project work consist of four major job for which four contractor have submitted tenders The tenders amounts are given in table, Find the assignment which minimize the total cost (15 15 marks
17. Q5 A) Explain different method of decision making under tisk 8 marks
18. Q5 B) Explain Methods for finding Initial OR Q.5P) Write short note on any three. (15)
19. Q1 Opportunity loss 2. Payoff and Payoff table 3, Vogels approximation method(VAM)

Read from the scan above, so a character or two may differ. The scan is the original.