Erik Benjamin Student ID 5255640 MGT 215 Operations‚ Logistics and Supply Chain Management Assignment 4 (1) Why are mathematical models not more widely used in aggregate planning? In the text‚ aggregate planning also known as aggregate scheduling is defined as an approach to determine the quantity and timing of production for the intermediate future‚ often from 3 to 18 months ahead (Heizer and Render‚ 2005). Operations managers use aggregate planning as a forecasting method
Premium Project management Management Operations research
May 2012 Master of Business Administration - Semester 2 MB 0048: “Operations Research” (4 credits) (Book ID: B1301) ASSIGNMENT- Set 1 Marks 60 Note: Each Question carries 10 marks. Answer all the questions. Marks 60 1. (a) What is linear programming problem? Ans: Linear programming (LP‚ or linear optimization) is a mathematical method for determining a way to achieve the best outcome (such as maximum profit or lowest cost) in a given mathematical model for some list of requirements
Premium Optimization Operations research Linear programming
Q.1. What is a linear programming problem ? Discuss the steps and role of linear programming is solving management problems. Discuss and describe the role of liner programming in managerial decision-making bringing out limitations‚ if any. Ans : Linear Programming is a mathematical technique useful for allocation of scarce or limited resources to several competing activities on the basis of given criterion of optimality. The usefulness of linear programming as a tool for optimal decision-making
Premium Operations research Optimization Linear programming
______________________ •. . ASSIGNMENT DRIVE PROGRAM SEMESTER SUBJECT CODE & NAME BK ID CREDITS MARKS SUMMER 2014 MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2 II MB0048 OPERATIONS RESEARCH B1631 4 60 Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Q.N o 1 Questions Marks Total Marks Discuss the various stages involved in the methodology of Operations
Premium Operations research Linear programming
c03.qxd 1/21/09 11:30 AM Page 91 3 Organizational Structures Management Case Studies‚ Related Case Studies (from Kerzner/Project 3rd Edition) • • • • • • Quasar Communications‚ Inc. Jones and Shephard Accountants‚ Inc.* Fargo Foods Mohawk National Bank Workbook and PMP ®/CAPM ® Exam Study Guide‚ 10th Edition) • The Struggle with • Implementation • Multiple Choice Exam Related Workbook Exercises (from Kerzner/Project Management PMBOK® Guide‚ 4th Edition‚ Reference
Premium Project management Management
Chapter 2: MANAGING THE INFORMATION SYSTEMS PROJECT [pic] Introduction: Project: A planned undertaking of related activities to reach an objective that has a beginning and an end. Project management: • Project management is the ongoing process of directing and coordinating all the steps in the development of an information system. • The main objective of project management is to ensure a successful completion of a project. A project will be considered as successful only if it
Premium Project management
SEMESTER 3 INDIAN INSTITUTE OF MANAGEMENTAND ENGINEERING CORPORATE LAWS $ SECRETARIAL PRACTICE PART 1 MARKS 80 Attempt any Four Q1 (A) How are the first directors of the company appointed? (B) What is the notice period required for a board meeting? Q2 (A) Can a company appoint managing director and manager simultaneously? (B) Is company allowed to appoint a part-time secretary instead of a Whole-time Secretary? Q3 (A) Who can fix the remuneration of auditors under
Premium Operations research Strategic management Optimization
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
Premium Optimization Operations research Linear programming
ASSIGNMENT DRIVE PROGRAM SEMESTER SUBJECT CODE & NAME BK ID CREDITS MARKS WINTER 2014 MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2 II MB0048 OPERATIONS RESEARCH B1631 4 60 Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Questions Q.No 1 Marks Total Marks Explain the types of Operations Research Models. Briefly explain the phases of Operations Research. 2 Meaning of Operations Research
Premium Operations research
PROJECT MANAGEMENT Project management is the discipline of planning‚ organizing‚ securing and managing resources to bring about the successful completion of specific project goals and objectives. It is sometimes conflated with program management‚ however technically that is actually a higher level construction: a group of related and somehow interdependent projects. Project managers A project manager is a professional in the field of project management. Project managers can have the responsibility
Premium Project management