Download JNTUH (Jawaharlal Nehru Technological University Hyderabad) MBA (Master of Business Administration) 2nd Semester (Second Semester) R15 2019 Dec 721CN Quantitative Analysis For Business Decisions Previous Question Paper
Code No: 721CN
JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD
MBA II Semester Examinations, December - 2019
QUANTITATIVE ANALYSIS FOR BUSINESS DECISIONS
Time: 3hours Max.Marks:75
Note: This question paper contains two parts A and B.
Part A is compulsory which carries 25 marks. Answer all questions in Part A. Part B
consists of 5 Units. Answer any one full question from each unit. Each question carries
10 marks and may have a, b, c as sub questions.
PART - A 5 ? 5 Marks = 25
1. Write notes on the following:
a) Applications of Operations Research (OR) in Finance & Accounting. [5]
b) Basic Feasible Solutions of Linear Programming Problem (LPP). [5]
c) Multiple Optimal Solutions in Assignment Problem. [5]
d) Decision Making under Uncertainty. [5]
e) Queue Length vs. System Length. [5]
PART - B 5 ? 10 Marks = 50
2. Briefly explain the different Techniques of OR. Where are they applied? [10]
OR
3.a) What are the advantages of OR?
b) How did OR develop in India and where are they being applied now? [5+5]
4.a) What is a Transportation Problem?
b) Briefly explain the steps involved in solving the Vogel?s Approximation Method
(VAM). [5+5]
OR
5. Solve the following Linear Programming Problem graphically:-
Maximize: Z = 3X
1
+4 X
2
,
Subject to: X
1
+ 2X
2
? 30
X
1
+ X
2
? 10
and X
1
, X
2
? 0 [10]
6. What is an Assignment Problem? What are its Objectives and Characteristics? [10]
OR
7. Solve the following Assignment Problem Efficiency Matrix:- [10]
B
1
B
2
B
3
B
4
A
1
60 65 70 55
A
2
70 60 55 65
A
3
65 60 75 70
A
4
50 55 60 80
R15
S
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Code No: 721CN
JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD
MBA II Semester Examinations, December - 2019
QUANTITATIVE ANALYSIS FOR BUSINESS DECISIONS
Time: 3hours Max.Marks:75
Note: This question paper contains two parts A and B.
Part A is compulsory which carries 25 marks. Answer all questions in Part A. Part B
consists of 5 Units. Answer any one full question from each unit. Each question carries
10 marks and may have a, b, c as sub questions.
PART - A 5 ? 5 Marks = 25
1. Write notes on the following:
a) Applications of Operations Research (OR) in Finance & Accounting. [5]
b) Basic Feasible Solutions of Linear Programming Problem (LPP). [5]
c) Multiple Optimal Solutions in Assignment Problem. [5]
d) Decision Making under Uncertainty. [5]
e) Queue Length vs. System Length. [5]
PART - B 5 ? 10 Marks = 50
2. Briefly explain the different Techniques of OR. Where are they applied? [10]
OR
3.a) What are the advantages of OR?
b) How did OR develop in India and where are they being applied now? [5+5]
4.a) What is a Transportation Problem?
b) Briefly explain the steps involved in solving the Vogel?s Approximation Method
(VAM). [5+5]
OR
5. Solve the following Linear Programming Problem graphically:-
Maximize: Z = 3X
1
+4 X
2
,
Subject to: X
1
+ 2X
2
? 30
X
1
+ X
2
? 10
and X
1
, X
2
? 0 [10]
6. What is an Assignment Problem? What are its Objectives and Characteristics? [10]
OR
7. Solve the following Assignment Problem Efficiency Matrix:- [10]
B
1
B
2
B
3
B
4
A
1
60 65 70 55
A
2
70 60 55 65
A
3
65 60 75 70
A
4
50 55 60 80
R15
S
8. What is Coefficient of Optimism (Hurwicz Criterion) in Decision-Making under
Uncertainty? Briefly explain the same. [10]
OR
9. What is Minimax Regret Criterion? Give a hypothetical example of the same. [10]
10. At a Sales Counter manned by a single person, customers arrive according to
Poisson Distribution, at a mean rate of 20 per hour and the time required to service a
customer is expected to follow Exponential Distribution with a mean rate of
120 seconds. Find the Average Waiting Time of a customer in the System and in the
Queue. [10]
OR
11. What is a Q-System? What are its basics elements? Explain the same briefly. [10]
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S
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This post was last modified on 23 October 2020