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Thursday, 26 October 2017

SMU MBA SEM 2 FALL 2017 ASSIGNMENTS- MBA 205

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MBA205 & OPERATIONS RESEARCH
SET-I
1 Define the Linear programming problem in operation Research. Also, explain various assumptions, advantages and limitations of linear programming problem.
A Linear programming problem in operation Research
Assumptions of linear programming problem
Advantages of linear programming problem
Limitations of linear programming problem

2 a. Discuss the concept of Degeneracy in transportation problem
b. The ABC Tool Company has a sales force of 25 men who work out from Regional offices. The company produces four basic products lines of hand tools. Mr. Jain, the sales manager, feels that 6 salesmen are needed to distribute product line 1, 10 salesmen are needed to distribute product line 2, 4 salesmen to product line 3 and 5 salesmen to product line 4. The cost per day of assigning salesmen from each of the offices for selling each of the product lines are as follows;
Regional office
Product Lines
𝑷𝟏
𝑷𝟐
𝑷𝟑
𝑷𝟒
R1
20
21
16
18
R2
17
28
14
16
R3
29
23
19
20

Now, 10 salesmen are allowed to office  , 9 salesmen to office 𝑹𝟐, and 7 salesmen to office 𝑹𝟑.
How many salesmen should be assigned from each office to selling each product line in order to minimize costs?
Degeneracy in transportation problem
Optimum allocation.
Optimum transportation cost

3 a. Elaborate the meaning of Simulation.
b. What are different Practical applications of simulation
A Meaning of Simulation.
Practical applications of simulation

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SET-II
1 a. Define the meaning of assignment problem in operation Research.
b. A Departmental head has four subordinates and four task to be performed. The subordinates differ in efficiency and the tasks differ in their intrinsic difficulty. His estimate of the times each man would take to perform each task is given in the following matrix-
Tasks
Subordinates
I
II
III
IV
A
8
26
17
11
B
13
28
4
26
C
38
19
18
15
D
19
26
24
10
How should the tasks be allocated to subordinates to minimize the total man-hours?
A Description of assignment problem
Optimum allocation through Hungarian method

2  Define following criteria’s used for decision making under Uncertainty
a. Optimism (maximax or minimin) criterion
b. Pessimism (maximin or minimax) criterion
c. Equal probabilities (Laplace) criterion
d. Coefficient of optimism (Hurwicz) criterion
e. Regret (salvage) criterion

3 a. Explain the importance and utility of the replacement model in business organizations.
b. The maintenance cost and re-sale value per year of a machine whose purchase price is Rs. 7000 is given below-
Year
1
2
3
4
5
6
7
8
Maintenance cost (Rs.)
900
1200
1600
2100
2800
3700
4700
5900
Resale value (Rs.)
4000
2000
1200
600
500
400
400
400

Importance and utility of the replacement model Replacement Year

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