M.B.A. DEGREE EXAMINATION, NOVEMBER 2017
Industry Integrated
QUANTITATIVE TECHNIQUE
(2017 onwards)
Time 120 Minutes Maximum 50 Marks
Part A (10 x 1 10)
Answer the following questions.
Each right answer scores 1 mark; each wrong answer carries
0.25 marks.
1. Operation research approach is
Multi disciplinary Scientific
Intutive All of these
2. Decision variables are
Controllable Uncontrollable
Para meters None of the above
3. A model is
An essence of reality
An approximisation
An idealisation
All of the above
Sub. Code
16
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4. Managerial decisions based on
An evaluation of quantitative data
The use of qualitative figures
Number produced by normal model
All of the above
5. Every mathematical model is
Must be determination
Requires computer aid for its solution
Represents data on numerical form
All of the above
6. An optimal model
Mathematically provides the best decisions
Provides decisions within its limited context
Help in evaluating various alternatives constantly
All of the above
7. The quantitative approach to decision analysis is a
logical approach
rational approach
scientific approach
all of the above
8. The binomial distribution is symmetric when
P 0.5
P 0.5
P 0.5
P has any value
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9. The graphical method of LP problem uses
Objective function equation
Constraints equations
Linear equation
All of the above
10. Which of the following statement is true with respect to
the optimal solution of an LP problem
every LP problem has an optimal solution
optimal solution of an LP problem always occurs at
an extreme point
at optimal solutions all resources are completely
used
None of the above
Part B x 5 25)
Answer any five questions.
11. Explain the importance of quantitative techniques.
12. Solve the assignment problem.
P Q R S
Machine A 18 26 17 11
B 13 28 14 26
C 38 19 18 15
D 19 26 24 10
13. Explain the merits of algorithm.
14. Discuss the application of CPM.
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15. List and explain the approaches to probability.
16. Discuss the uses of simulation in queing system.
17. Explain the merits of PRET.
Part C x 15 15)
18. Case study.
Anna electric company produces two products P1 and P2
product and sold on a weekly basis the weekly production
cannot exceed 25 for product P1 and 35 for product P2
because of limited available facilities. The company
employs total of 60 workers product P1 requires 2 manweeks
of labour while P2 requires one-man week of
labourer profit margin on P1 is Rs. 60 is Rs. 40 formulate
this problem as an L.P. problem and solve for maximum
profit.
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