Download PTU MBA 2020 March 3rd Sem 49044 Operations Research Question Paper

Download PTU (I.K. Gujral Punjab Technical University Jalandhar (IKGPTU) ) MBA (Master of Business Administration) 2020 March 3rd Sem 49044 Operations Research Previous Question Paper

1 | M-49044 (S2)-2785
Roll No. Total No. of Pages : 02
Total No. of Questions : 07
MBA (Sem.?3)
APPLIED OPERATIONS RESEARCH
Subject Code : MB-301
M.Code : 49044
Time : 3 Hrs. Max. Marks : 60
INSTRUCTIONS TO CANDIDATES :
1. SECTION-A is COMPULSORY consisting of TEN questions carrying TWO marks
each.
2. SECTION-B contains SIX questions carrying TEN marks each and students have
to attempt any FOUR questions.

SECTION-A
1. Write briefly :
a. Operations Research
b. Duality
c. Sensitivity Analysis
d. Group Replacement
e. Saddle Point
f. Dominance
g. Resource Leveling
h. Inventory Control
i. Decision Tree
j. Research

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1 | M-49044 (S2)-2785
Roll No. Total No. of Pages : 02
Total No. of Questions : 07
MBA (Sem.?3)
APPLIED OPERATIONS RESEARCH
Subject Code : MB-301
M.Code : 49044
Time : 3 Hrs. Max. Marks : 60
INSTRUCTIONS TO CANDIDATES :
1. SECTION-A is COMPULSORY consisting of TEN questions carrying TWO marks
each.
2. SECTION-B contains SIX questions carrying TEN marks each and students have
to attempt any FOUR questions.

SECTION-A
1. Write briefly :
a. Operations Research
b. Duality
c. Sensitivity Analysis
d. Group Replacement
e. Saddle Point
f. Dominance
g. Resource Leveling
h. Inventory Control
i. Decision Tree
j. Research

2 | M-49044 (S2)-2785
SECTION-B
2. A firm is considering the replacement of a machine, whose cost price is Rs.12, 200, and
its scrap value is Rs. 200. When should the machine be replaced? The maintenance cost
is as follows :
Year 1 2 3 4 5 6 7 8
Running Cost Rs. 200 500 800 1200 1800 2500 3200 4000
3. Solve the following game problem :
Player B
I II III IV
Player A
I 20 15 12 35
II 25 14 8 10
III 40 2 10 5
IV ?5 4 11 0
4. ABC company requires 40,000 units of a speedometer per year. The ordering, receiving
and hauling cost is Rs. 3 per order, while inspection cost is Rs.12 per order. Further
details are as follows: Interest cost of Rs. 6% per unit per year. Deterioration and
obsolescence lost Rs.0.004 per unit per year. Storage cost Rs. 1000 per year for 50,000
units. Calculate the EOQ, Reorder Period, Number of orders per year and total variable
cost of inventory.
5. Explain Resource Leveling with the help of suitable example.
6. A repairman is to be hired to repair machines that breakdown following a Poisson process
with an average rate of four per hour, The cost of non-productive machine is Rs. 9 per
hour. The company has the option of choosing either a fast repairman or a slow
repairman. The fast repairman charges Rs. 6 per hour and will repair machines at an
average rate of 7 per hour. The slow repairman charges Rs. 3 per hour and will repair
machines at an average rate of 5 per hour. Which repairman should be hired?
7. Explain ?Decision Making? with the help of a suitable example.



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