SMU Operational Research
______________________ •. .
ASSIGNMENT
DRIVE
PROGRAM
SEMESTER
SUBJECT CODE &
NAME
BK ID
CREDITS
MARKS
SUMMER 2014
MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2
II
MB0048
OPERATIONS RESEARCH
B1631
4
60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.
Q.N
o
1
Questions
Marks
Total Marks
Discuss the various stages involved in the methodology of Operations Research. Briefly explain the techniques and tools of Operations Research.
Operations Research Methodology
10
Techniques and tools of Operations Research
2
Explain the steps involved in linear programming problem formulation with an example. Discuss in brief the advantages of linear programming.
Q1 : Discuss the various stages involved in the methodology of Operations Research. Briefly explain the techniques and tools of Operations Research.
1. Operations Research Methodology
2. Techniques and tools of Operations Research
Ans 1: Operations Research Methodology
Operations Research (also called Management Science) is the study of scientific approaches to decision making. Through mathematical modeling, it seeks to design, improve and operate complex systems in the best possible way. The mathematical tools used for the solution of such models are either deterministic or stochastic, depending on the nature of the system modeled.
The first and the most important step in the OR approach of problem solving is to define the problem. One needs to ensure that the problem is identified properly because this problem statement will indicate the following three major aspects
Steps involved in LPP
Example
3
Advantages of LPP
3
4
10
3
a. What is degeneracy in transportation problem? How it can be resolved?
b. Solve the following transportation problem using Vogel's approximation method.
Factories
F3
Requirements
Distribution
ASSIGNMENT
DRIVE
PROGRAM
SEMESTER
SUBJECT CODE &
NAME
BK ID
CREDITS
MARKS
SUMMER 2014
MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2
II
MB0048
OPERATIONS RESEARCH
B1631
4
60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.
Q.N
o
1
Questions
Marks
Total Marks
Discuss the various stages involved in the methodology of Operations Research. Briefly explain the techniques and tools of Operations Research.
Operations Research Methodology
10
Techniques and tools of Operations Research
2
Explain the steps involved in linear programming problem formulation with an example. Discuss in brief the advantages of linear programming.
Q1 : Discuss the various stages involved in the methodology of Operations Research. Briefly explain the techniques and tools of Operations Research.
1. Operations Research Methodology
2. Techniques and tools of Operations Research
Ans 1: Operations Research Methodology
Operations Research (also called Management Science) is the study of scientific approaches to decision making. Through mathematical modeling, it seeks to design, improve and operate complex systems in the best possible way. The mathematical tools used for the solution of such models are either deterministic or stochastic, depending on the nature of the system modeled.
The first and the most important step in the OR approach of problem solving is to define the problem. One needs to ensure that the problem is identified properly because this problem statement will indicate the following three major aspects
Steps involved in LPP
Example
3
Advantages of LPP
3
4
10
3
a. What is degeneracy in transportation problem? How it can be resolved?
b. Solve the following transportation problem using Vogel's approximation method.
Factories
F3
Requirements
Distribution