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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
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
full detailor theory on graphical method
Discus and explain both probability and none probability sampling techniques
- Please research and discuss this activity. (please cite all of the websites) - Prepare a memo on the research and evaluation. What does research and evaluation mean? Ele
a paper mill produce two grades of paper viz., X and Y. because of raw material restrictions, it cannot produce more than 400 tona of grade X and 300 tons of grade Yin a week. ther
a pipe lis dur for rpair,the repair would cost 10000 and it would last for 3 years.alternatively a new pipe line can be purchase at 30000 for 10 years.assuming 10% depriciation rat
Operations Research uses the methods of science to understand and explain the phenomena of operating systems. It devises the theories( models ) to explain these phenomena
Describe Operation Research and discuss its applications in various organizations. A company assembles heavy duty refrigerators and uses two types of compressors A & B. Two comp
Among other limitations of O. R the followings deserve mention: a. Basis: The operational researchers must be unbiased. An attempt to shoehorn result sin to a confirmation of ma
1) Provide an overall description of the business and the competitive environment in which it operates. You should describe: a) what type of business it is (e.g. retail, manuf
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