DISTANCE EDUCATION
M.B.A. and DEGREE EXAMINATION, MAY 2018.
Third Semester
QUANTITATIVE METHODS
(Upto 2012-13 Academic Year and 2013 Calendar Year)
Time Three hours Maximum 100 marks
SECTION A — x 8 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. How does the quantitative methods supports for elasticity
of demand?
2. Explain the relationship between costs and level of
activity.
3. Write a short note on sensitivity analysis.
4. What are the characteristics of transportations problem
of linear programming?
5. How do the graphical and simplex methods of solving LP
problems differ? In what ways are they same?
6. Discuss the role of the statistical method in such a
process.
Sub. Code
36
DE-3774
2
wk4
7. What is probability? Explain the conditional and
marginal probabilities.
8. Explain the expected value of pay-off method with
example.
SECTION B — × 15 60 marks)
Answer any FOUR questions.
9. Discuss the various mathematical models.
10. Write short note to the following
''Relevant for decision-making
Plotting graphs of functions.
11. Explain the formulation of dual linear programming
problem with examples.
13. Explain probability distribution and distinguish between
discrete and continuous random variables.
14. What is simulation? Describe the types of simulation.
DE-3774
DE-3774
3
wk4
15. Two firms are competing for business under the
conditions so that one firm's gain is another firm's loss.
Firm pay off matrix is given below
Firm B
Firm A No
Advertising
Medium
Advertising
Heavy
Advertising
No Advertising 10 5
Medium Advertising 13 12 15
Heavy Advertising 16 14 10
Suggest optimal strategies for two firms and the net
outcome thereof.
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