MB0048 –Operation Research - 4 Credits
Assignment Set- 1 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
1. a .Define O.R and discuss its characteristics. [ 5 marks]
b. Explain the nature of Operations Research and its limitations.[ 5 marks]
2. a. What are the essential characteristics of a linear programming model?[ 5 marks]
b. Explain the graphical method of solving a LPP involving two variables.[ 5 marks]
3. a. Explain the simplex procedure to solve a linear programming problem. [ 5 marks]
b. Explain the use of artificial variables in L.P [ 5 marks]
4. a. Explain the economic interpretation of dual variables. [ 5 marks]
b. Define: Primal Problem and Dual Problem.[ 5 marks]
5. Describe the North-West Corner rule for finding the initial basic feasible solution in the transportation problem? [ 10 marks]
6. Use the simplex method to
Maximise z = 3x1 – x2 Subject to the constraints 2x1 + x2 ³ 2 x1 + 3x2 £ 3 x2 £ 4, x1, x2 ³ 0.
Master of Business Administration-MBA Semester 2
MB0048 –Operation Research - 4 Credits
Assignment Set- 2 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
1. a. Explain the terms: Pure strategy, Mixed Strategy, Saddle point, Competitive games, Payoff matrix, Rectangular games. [ 5 marks]
b. Explain the Maximin and Minimax principle used in Game Theory.[ 5 marks]
2. a. Explain the steps involved in Monte-Carlo simulation. [ 5 marks]
b. What are the advantages and limitations of using simulation? [ 5 marks]
3. a. Distinguish between PERT and CPM. What is a critical path? [ 5 marks]
b. Write a short note on PERT/CPM networks in Operations Research.[ 5 marks]
4. a. State the general form of an integer programming problem. [ 5 marks]
b. Describe the branch and bound method for the solution of integer