Bachelor of Management Studies (B.M.S.) SEM VI ATKT OPERATIONS RESEARCH Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q3 Use simplex or graphical method of linear Programming and find optimal solution. Subject to Constraints: 10 marks
2. Q4 Acompany solicits bids on each of the four projects from five contractors. Only one project may be assigned to any contractor. The bids received (in.thousands of rupees) are given in the accompanying table. Contractor D feels unable to.carry out project therefore, submits no bid
   • a) Use the Hungarian find the set of 8
   • b) What is the cost? 2
3. Q5 data for a is given following table : and estimate the expected duration of the project and the the project will be completed between 48 to 58 days? ‘Probability of completing the project within 34 days? (2)
   • Q.P. Code: 36494 Duration: 2 Hrs. 60 Marks
4. Q2 Answer any three questions from Section II
5. Q3 Answers of both sections may be written in the same answer book
6. Q4 Graph papers will be supplied on request. \ — 5. Figures on the R.H.S. indicated marks
7. Q6 Use of calculator is allowed and mobile phone is not allowed
8. Q7 Normal distribution tabie is attached on the last page for use if required
9. Q1 Answer the following questions
   • a) What is E.M.V? Give steps for calculating 3
   • b) Explain the difference between free, interfering and independent float. 3
   • c) Why is Solution.a prerequisite for optimality test of a transportation
   • d) Why an optimal solution to an maximization LPP cannot be found in
   • e) What is the difference surplus and artificial variables? 3
10. Q2 Consider the following ‘involving minimization (in 1000)
    • a) <Find.thé Initial Feasible West Corner Method to the above Test improve it to optimality and calculate Make of the optimal’ solution’ obtained by you and answer the following Is If there is any alternate optimal solution, identify it, is a discount of 50 percent on the freight on the the offer be accepted? (2)
    • Q.P. Code: 36494 A consumer goods company has set UP following Pay-off table for the Sales returns of their product. Three Strategies So, S3) are identified to deal with three uncertain You are required to identify right strategy under
    • b) A toy manufacturing company is out a new company is attempting to decide whether to bring Out Of Minimal product line. The company has three levels of product acceptance has’ ‘profit from the first year of Production. The relevant data are shown in table: (5) tree and suggest the best alternative for the company,

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