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Question A The basic characteristic feature of Operations Research is that it employs mathematical representations or models to analyse problems. Explain the methodology of Operations Research.
Question B 1) Describe the Monte Carlo Simulation.2) Describe in brief the advantages and limitations of Simulation.
Question C 1) A Game refers to a situation of conflict and competition in which two or more competitors are involved in decision making in anticipation of certain outcome. Describe the following with respect to games.
2) An electric company is planning to develop and produce a new stabilized power supply system. The project can be described by the following activities.
S. No
Activity
Predecessor (s)
Time (days)
A
Market survey
-
15
B
Establish design
5
C
Electrical design
20
D
Test electrical design
3
E
Mechanical design
B,A
2
F
Review final design
D,E
G
Manufacture prototype
6
H
Test prototype
10
I
Schedule production
H,A
Construct network diagram for the project
Problem The important task ahead of the researcher is to document the entire work done in the form of a well-structured research report. Describe in brief the components of a R
3. A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y pape
Uses of Mode The use of the mode is recommended in the following situations: a.When a quick and approximate measures of central tendency desired. b.When the measure
A paper mill produces two grades of paper viz., X & Y. Because of raw material restrictions, it cannot produce more 400 tons of grade X paper & 300 tons of grade Y paper in a week.
What are artificial variable why do you need them
a practical example
simple Size When a survey is undertaken and it is not possible to cover the entire population, the marketing researcher has to answer a basic question - how large s
Consider a queueing system with 1 counter, to which groups of customers arrive according to a Poisson proces with intensity l. The size of a group is 1 with probability p and 2 wit
DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH IN MODERN MANAGEMENT
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