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Question A The basic characteristic feature of Operations Research is that it employs mathematical representations or models to analyse problems. Explain the methodology of Operations Research.
Question B 1) Describe the Monte Carlo Simulation.2) Describe in brief the advantages and limitations of Simulation.
Question C 1) A Game refers to a situation of conflict and competition in which two or more competitors are involved in decision making in anticipation of certain outcome. Describe the following with respect to games.
2) An electric company is planning to develop and produce a new stabilized power supply system. The project can be described by the following activities.
S. No
Activity
Predecessor (s)
Time (days)
A
Market survey
-
15
B
Establish design
5
C
Electrical design
20
D
Test electrical design
3
E
Mechanical design
B,A
2
F
Review final design
D,E
G
Manufacture prototype
6
H
Test prototype
10
I
Schedule production
H,A
Construct network diagram for the project
How do we determine EOQ?
what will happen when line balance doesn not exist
A company is planning its advertising strategy for the next year for its three major products.
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
MAX: 150 X1 + 250 X2 Subject to: 2 X1 + 5 X2 = 200 - resource 1 3 X1 + 7 X2 = 175 - resource 2 X1, X2 = 0 2. How many units of resource 1 are cons
Cost The cost factor is a very important factor in determining the size of the sample. The budget for research should be properly decided. The management may not lik
. Explain in brief the phases of Operations Research. 5 +5 = 10 marks (200 - 250 words each) Q3. Solve the following Linear Programming Problem using Simple method. Maximize Z= 3
Area under Standard Normal Curve The graph of the standard normal curve y = p(z) with different percentages areas is shown here. Since p(z) is a probability distributi
A paper mill produces two grades of paper viz., X & Y. Because of raw material restrictions, it cannot produce more 400 tons of grade X paper & 300 tons of grade Y paper in a week.
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