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Solution
Find Solution Using Simplex Method
Cj
CB
XB
X1
X2
S1
S2
S3
S4
MinRatio
S1
200
50
S2
150
30
S3
100
25
S4
80
20
Zj
Cj - Zj
Cj
CB
XB
X1
X2
S1
S2
S3
S4
S1
120
-3
-1
S2
50
-7
-5
S3
20
-3
-1
X2
20
Zj
Cj - Zj
-5
-1
MinRatio
/4
/4
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Q.3 Explain the use of simulation in networks? What are the advantages of using
simulation?
Answer :
device, which will react in the similar manner as reality under a given set of conditions.
Q.5 A project has 10 activities. The following table shows the information about the
activities.
Duration
in
Activities
activity
weeks
A
A
A
C
D
B, D, E
H
I, G, F
6
3
5
4
3
3
5
5
2
3
information
Activity
A
B
C
D
E
F
G
H
I
J
Solution:
MB0048_MBA_Sem2_Fall/August 2012
Master of Business Administration - MBA Semester 2
MB0048 Operations Research - 4 Credits
Assignment Set- 2 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q.1 Explain project management (PERT) & Project scheduling of PERT.
Answer : Some key points about PERT are as follows:
1. PERT was developed in connection with an R&D work. Therefore, it had to cope with the
uncertainties that are associated with R&D activities. In PERT, the total project duration is
regarded as a random variable. Therefore, associated probabilities are calculated so as to
characterise it.
3. PERT is normally used for projects involving activities of non-repetitive nature in which
time estimates are uncertain.
4. It helps in pinpointing critical areas in a project so that necessary adjustment can be made
to meet the scheduled completion date of the project.
1. Project Planning:
In the project planning phase, you need to perform the following activities:
2. Project Scheduling:
Once the planning phase is over, scheduling of the project is when each of the activities
required to be performed, is taken up. The various steps involved during this phase are listed
below:
1.
Estimate the durations of activities. Take into account the resources required for these
Q.2 Write a short note on Monte-Carlo simulation? What are the Limitations of using
Simulation?
Answer :
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ii) Write down the pay-off matrix of B and then, solve the game.
Answer :
Q.4 A marketing manager has 5 salesmen and 5 sales districts. Considering the
capabilities of the salesman and the nature of districts, the marketing manager
estimates that the sales per month (in hundred rupees) for each salesman in each
district would be as follows.
A
1
2
3
4
5
B
32
40
41
22
29
C
38
24
27
38
33
D
40
28
33
41
40
28
21
30
36
35
E
40
36
37
36
39
Find the assignment of salesman to districts that will result in maximum sales.
Answer:
Q.5 Define PERT & CPM. Write down the basic difference between PERT and CPM.
Answer :
Q.6 Explain Linear programming problem by giving two examples & write any 3
applications of Linear Programming problem Salesman
Answer : The LPP is a class of mathematical programming where the functions representing
the objectives and the constraints are linear. Optimisation refers to the maximisation or
minimisation of the objective functions.
You can define the general linear programming model as follows:
Maximise or Minimise:
Z = c1 x1 + c2 x2 + - - - - + can an
Subject to the constraints,
a11 x1 + a12 x2 + + a1n an ~ b1
a21 x1 + a22 x2 + + a2n an ~ b2
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