Exam Details
| Subject | Operations Research | |
| Paper | ||
| Exam / Course | Management Programme | |
| Department | School of Management Studies (SOMS) | |
| Organization | indira gandhi national open university | |
| Position | ||
| Exam Date | December, 2016 | |
| City, State | new delhi, |
Question Paper
"Operations Research is an aid for the executive in making his/her decisions by providing him/her with needed quantitative information based on the scientific method of analysis". Discuss the statement and give examples to demonstrate how Operations Research is helpful in decision making.
Define the following terms
Slack variables, Basic variables, Surplus
variables.
Solve the following problem by graphical method.
Subject to
2xl 6x2 0
-xl 2x2
-3xl 3x2 -24
xl 2
x2 0
Minimise 10x1 4x2
Maximise 10x1 4x2
Explain the Vogel Approximation Method for finding the basic feasible solution of a Transportation problem.
Discuss various steps in Goal Programming Model Formulation. How does Goal programming help in decision making?
Explain the Branch and Bound method for solving an Integer Programming Problem.
Discuss the classification of Inventory on the basis of service aspect.
A foreign bank is considering opening a drive-in-window for customer service. Management estimates that customer will arrive for service at the rate of 12 per hour. The teller, whom it is considering to staff the window, can serve customers at the rate of one every three minutes. Assuming Poisson arrivals and exponential service. Find:
Utilisation of teller.
Average number in the system.
Average waiting time in the line.
Average waiting time in the system.
Explain the concept of Dominance in context of Game Theory.
For the following two persons, zero sum
game, find the optimal strategies for the two
players and value of the game:
<img src='./qimages/10092-5b.jpg'>
If saddle point exists, determine it using the principle of dominance.
6. Write short notes on any four of the following
ABC Analysis
Degeneracy in LP problem
FIFO and LIFO
Poisson Process
Buffer stock
Separable programming
Define the following terms
Slack variables, Basic variables, Surplus
variables.
Solve the following problem by graphical method.
Subject to
2xl 6x2 0
-xl 2x2
-3xl 3x2 -24
xl 2
x2 0
Minimise 10x1 4x2
Maximise 10x1 4x2
Explain the Vogel Approximation Method for finding the basic feasible solution of a Transportation problem.
Discuss various steps in Goal Programming Model Formulation. How does Goal programming help in decision making?
Explain the Branch and Bound method for solving an Integer Programming Problem.
Discuss the classification of Inventory on the basis of service aspect.
A foreign bank is considering opening a drive-in-window for customer service. Management estimates that customer will arrive for service at the rate of 12 per hour. The teller, whom it is considering to staff the window, can serve customers at the rate of one every three minutes. Assuming Poisson arrivals and exponential service. Find:
Utilisation of teller.
Average number in the system.
Average waiting time in the line.
Average waiting time in the system.
Explain the concept of Dominance in context of Game Theory.
For the following two persons, zero sum
game, find the optimal strategies for the two
players and value of the game:
<img src='./qimages/10092-5b.jpg'>
If saddle point exists, determine it using the principle of dominance.
6. Write short notes on any four of the following
ABC Analysis
Degeneracy in LP problem
FIFO and LIFO
Poisson Process
Buffer stock
Separable programming
Other Question Papers
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Subjects
- Accounting and Finance for Managers
- Advanced Strategic Management
- Bank Financial Management
- Capital Investment and Financing Decisions
- Consumer Behaviour
- Economic and Social Environment
- Electronic Banking and IT in Banks
- Employment Relations
- Ethics And Corporate Governance In Banks
- Human Resource Development
- Human Resource Planning
- Information Systems for Managers
- International Banking Management
- International Business
- International Financial Management
- International Human Resource Management
- International Marketing
- Labour Laws
- Logistics and Supply Chain Management
- Maintenance Management
- Management Control Systems
- Management Functions and Behaviour
- Management of Financial Services
- Management of Human Resources
- Management of Information Systems
- Management of Machines and Materials
- Management of Marketing Communication and Advertising
- Management of New and Small Enterprises
- Management of Public Enterprises
- Management of R&D and Innovation
- Managerial Economics
- Managing Change in Organisations
- Marketing for Managers
- Marketing of Financial Services
- Marketing of Services
- Marketing Research
- Materials Management
- Operations Research
- Organisational Dynamics
- Organizational Design, Development and Change
- Product Management
- Production/Operations Management
- Project Management
- Quantitative Analysis for Managerial Applications
- Research Methodology for Management Decisions
- Retail Management
- Risk Management In Banks
- Rural Marketing
- Sales Management
- Security Analysis and Portfolio Management
- Social Processes and Behavioural Issues
- Strategic Management
- Technology Management
- Total Quality Management
- Wage and Salary Administration
- Working Capital Management