MMPO-001 OPERATIONS RESEARCH Solved Question Paper June 2024

MMPO-001 OPERATIONS RESEARCH Solved Question Paper June 2024

OPERATIONS RESEARCH
Course Code: MMPO-001

1. What are the characteristics of operations
research ? Discuss the limitations of operations
research.
2. What is a linear programming problem ?
Discuss the applications of linear programming
in solving management problems.
[ 2 ] MMPO–001
3. Determine the basic feasible solution to the
following transportation problem by using the
following :
(i) North-West Corner Rule
(ii) Vogel’s approximation method
Distribution Centers
Sources D1 D2 D3 D4 D5 Supply
A 2 11 10 3 7 4
B 1 4 7 2 1 8
C 3 9 4 8 12 9
Demand 3 3 4 5 6
4. Discuss the cutting-plane algorithm for solving
integer programming problems.
5. What is non-linear programming ? Explain the
importance of convex and concave functions in
problem of non-linear programming problem.
6. What is a game theory ? Explain the
assumptions underlying in game theory.
Discuss its importance to business decisions.
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7. Write short notes on any four of the following :
(i) Branch and Bound method
(ii) Saddle point
(iii) Dynamic programming
(iv) Least cost method
(v) Monte-Carlo simulation