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Amity University Haryana

The document provides information about an operations research exam including sections on optimization problems, game theory, queuing models and linear programming. It also includes a manufacturing problem to determine optimal output levels to maximize profits.

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nidhi malik
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44 views

Amity University Haryana

The document provides information about an operations research exam including sections on optimization problems, game theory, queuing models and linear programming. It also includes a manufacturing problem to determine optimal output levels to maximize profits.

Uploaded by

nidhi malik
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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ENROLLMENT NUMBER

Amity University Haryana


BBA (GEN)/ BBA - 3C / BBA (B&F)
Fifth Semester End Term Examination – December, 2016
Course Title – Operations Research

Course Code: MGT2551/MBF2501


Exam Dept. Ref.: YFT654
Time: 3 Hours Maximum Marks: 70
Note: This question Paper has three Sections : Section A, Section B and Section C.
Attempt (i) Any FIVE from Sec.-A.
(ii) Any TWO from Sec.-B.
(iii) Section-C is compulsory.

Section –A (any five) 30 Marks


(Each question carries 6 marks)

1. Define Operation research? Discuss in detail the applications of Operation Research in


real business problems.
2. Define sensitivity analysis. Discuss its application in the LPPs.
3. Discuss the utility of the concept of game theory in the business organizations?
4. Solve the following problem by “graphical technique”:

Minimize Z = 3 X1 + 5 X2
Subject to
X1 + X2 = 200
X1 ≤ 80
X2 ≥60

Where X1, X2 ≥ 0

5. Find out the initial solution by Vogels Approximation Method (VAM) and Least Cost
Method. Transportation costs per unit from different origins to different destinations
are given.

Origin/ D1 D2 D3 D4 Supply
Destination
A1 19 30 50 12 7
A2 19 30 50 12 7
A3 19 30 50 12 7
Demand 5 8 7 15 35

6. In the given problem, cost to complete a specific job by a worker is given. You are
required to assign the different jobs to different worker in such a manner that total cost
is the minimum. (Given cost is in Rs.)

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Workers/ Jobs J1 J2 J3 J4 J5

A 10 3 3 2 8

B 9 7 8 2 7

C 7 5 6 2 4

D 3 5 8 2 4

E 9 10 9 6 10

Section – B (any two) 20 Marks


(Each question carries 10 marks)

7. In the given 3 X 3 game, Suggest optimal strategies for the two players and the net
outcome thereof.

A’s payoff
B’s strategies
B1 B2 B3
A1 10 5 -2
A’s strategies A2 13 12 15
A3 16 14 10

8. A bakery keeps stock of a popular brand of cake. Previous experience shows the daily
demand pattern for the item with associated probabilities, as given below:

Daily 0 10 20 30 40 50
demand
Probability 0.01 0.20 0.15 0.50 0.12 0.02

Use the following random numbers to simulate the demand for the next 10 days:

25, 39, 65, 76, 12, 05, 73, 89, 19, 49


Also estimate the daily average demand for the cakes on the basis of simulated data.

9. Define queue? Explain any two queuing models.

Section C (Compulsory) 20 Marks


10. A washing machine company has three major departments for manufacturing two of its
models; I and II. The monthly capacities of the departments are given as follows:

Page 2 of 3
Per unit time requirement (hours)
Model I Model II Hours
available
this
month
Department I 4 2 1600
Department II 2.5 1 1200
Department III 4.5 1.5 1600

The marginal profit per unit from model I is Rs 350/- and from model II is Rs 150/-.
Assuming that the company can sell any quantity of either product due to favourable
market conditions, determine the optimum output for both the models and the highest
possible profits for this month.

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