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com IMT 25 Operation Research M2

PART

Q1. State the different types of models used in operation research? Explain brie fly the general method for solving these O.R models?

Q2. Customer arrives at sales counter by a poison process with a mean rate of 20 per hr. The time required to serve a customer has an exponential distribution w ith a mean of 100 seconds. Find the average waiting & queue length of customer.

Q3. Obtain the optimal strategy for both persons & the value of game:

B1 B2 A1 1 -3 A2 3 5 A3 -1 6 A4 4 1 A5 2

2 A6 -5 0

Q4. Prepare network, activity time estimates, determine the expected project com pletion time & variance.

Activity Time estimates (days) to Tm tp 1-2 5 8 17 1-3 7 10 1 2-3 3 5 7 2-4 1 3 5 3-4

4 6 8 3-5 3 3 3 4-5 3 4 5

5. What is queuing theory? Discuss the service mechanism in queuing theory. PART B

Q1. Determine a sequence for the 5 jobs that will minimize the elapsed time.

Job 1 2 3

A 5 1 9

2 6 7

Q2. What is meant by optimality test in a transportation problem? How would you determine whether a given transportation solution is optimal or not?

Q3. OR advocates a system approach and its procedure is concerned with optimizat ion. Discuss.

Q4. Discuss the importance and applications of PERT and CPM in project planning and control.

Q5. Write short notes on n- Johnson s algorithm for n jobs m machines

PART - C

Q1. Solve the following transportation problem by VAM:

1 2 3 Supply 1 5 1 7

10 2 6 4 6 80 3 3 2 5 15 Demand 70 20 50

Q2. Write short notes on : a) Failures in replacement theory. b) Decision tree analysis.

Q3. The maintenance cost & resale value per year of machine whose purchase price is Rs 7000 is given below: Yr 3 1 4 900 4000 1200 2000 1600 1200 2100 600 2

Maintenance cost Resale value

When should the machine be replaced?

Q4. Specify the characteristics of M/M/1 queue model.

Q5. Discuss the following terms in game theory: Saddle point; Pure strategy; Two person zero sum game; Principle of dominance.

CASE STUDY

A firm manufactures three products A,B,C the profits are RS 3, Rs 2, & Rs 4respe ctively. The firm has two machines M1& M2 and below given is the required proces sing time in minutes for each machine on each product

MACHINE PRODUCT A B C M1 4 3 5 M2 2 2 4

Machines M1 & M2 have 2000 & 2500 machine minutes respectively. The firm must ma nufacture 100 A s, 200 B s & 50 C s, but not more than 150 A s. Set up an LPP to maximiz e profits. CASE STUDY II

A fruit vendor purchases fruits for Rs 3 a box and sells for Rs 8 a box. The hig h markup reflects the perish ability of the fruit and the great risk of stocking it., the product has no value after the first day it is offered for sale. The v endor faces the problem of how many boxes to order for tomorrow s business. A 90 d

ay observation of the past sales gives the following information.

Daily Sales No. of days sold Probability 10 11 12 13 Total 18 36 27 9 90 .20 .40 .30 .10 1.00

Determine the number of boxes he should order to maximize its profit. Also find the expected monetary value and regret table. Contact www.solvedhub.com for best and lowest cost solution or email solvedhub@g mail.com