quest_2403

4
B - T 19 - 9 Register Number : Name of the Candidate : 5 2 9 0 DIPLOMA EXAMINATION, 2007 ( PRODUCTION MANAGEMENT ) ( PAPER - IV ) 140. QUANTITATIVE METHODS IN MANAGEMENT December ] [ Time : 3 Hours Maximum : 100 Marks Turn over Answer any FIVE questions. All questions carry equal marks. Use of Statistical Tables permitted. 1. Solve the following LP problem using the simplex method : Maximize z = 3x 1 + 2x 2 + 5x 3 Subject to : x 1 + 2x 2 + x 3 430, 3x 1 + 2x 3 460 x 1 + 4x 3 420. and x 1 , x 2 , x 3 0. (20) 5. A fleet owner finds from his past records that the cost per year of running a vehicles, whose purchase price is Rs. 50,000 is Thereafter, running cost increases by Rs. 2,000, but resale value remains constant at Rs. 2,000, but resale value remains constant at Rs. 2,000. Atauhat age replacement is due ? (20) 6. The following failure rate have been observed for a certain type of light bulbs. 4 End of week prob. of failure to date 1 2 3 4 5 6 7 8 0•05 0•13 0•25 0•43 0•68 0•88 0•96 1•00 Year Resale value (Rs.) Resale cost (Rs.) 1 5,000 30,000 2 6,000 15,000 3 7,000 7,500 4 9,000 3,750 5 21,500 2,000 6 16,000 2,000 7 18,000 2,000

description

qp

Transcript of quest_2403

  • B - T 19 - 9Register Number :Name of the Candidate :

    5 2 9 0DIPLOMA EXAMINATION, 2007

    ( PRODUCTION MANAGEMENT )( PAPER - IV )

    140. QUANTITATIVE METHODS INMANAGEMENT

    December ] [ Time : 3 HoursMaximum : 100 Marks

    Turn over

    Answer any FIVE questions.All questions carry equal marks.

    Use of Statistical Tables permitted.1. Solve the following LP problem using the

    simplex method :Maximize z = 3x1 + 2x2 + 5x3Subject to : x1 + 2x2 + x3 430,

    3x1 + 2x3 460 x1 + 4x3 420.

    and x1, x2, x3 0. (20)

    5. A fleet owner finds from his past recordsthat the cost per year of running a vehicles,whose purchase price is Rs. 50,000 is

    Thereafter, running cost increases byRs. 2,000, but resale value remains constantat Rs. 2,000, but resale value remains constantat Rs. 2,000. Atauhat age replacement is due ?

    (20)6. The following failure rate have been observed

    for a certain type of light bulbs.

    4

    End ofweek

    prob. offailure to date

    1 2 3 4 5 6 7 8

    005 013 025 043 068 088 096 100

    Year Resale value(Rs.)Resale cost

    (Rs.)1 5,000 30,0002 6,000 15,0003 7,000 7,5004 9,000 3,7505 21,500 2,0006 16,000 2,0007 18,000 2,000

  • B - T 19 - 10

    2. Solve the following transportation problem :

    (20)3. Consider a problem of assigning four clerks

    to four tasks. The time (hours) required tocomplete the task is given below :

    Clerk 2 cant be assigned to task A andclerk 3 cant be assigned to task B. Find alloptimum assignment schedules. (20)

    2 3

    Origin Destination SupplyD1 D2 D3 D4O1 1 2 3 4 6O2 4 3 2 0 10O3 0 2 2 1 8

    Demand 4 6 8 6

    TasksA B C D

    1 4 7 5 62 - 8 7 43 3 - 5 34 6 6 4 2

    Clerks

    4. Five jobs are performed, first on Machine - Xand then on Machine - Y. The time taken inhours by each job an each machine is givenbelow :

    Determine the optimum sequence of Jobsthat minimizes the elapsed time to completethe jobs. Also, complete the minimum time.

    (20)

    A B C D E12 4 20 14 22

    6 14 16 18 10

    Tim onMachine - X

    Tim onMachine - Y

    Job

    Turn over

  • B - T 19 - 11

    The cost of replacing are individual bulbin Rs. 225, the decision is made to replaceall bulbs simultaneity at fixed intervals andalso, to replace individual bulbs as they fail inservice. If the cost of group replacement is60 paise per bulb and total number of bulbsis 1,000, what is the best interval betweengroup replacement ? (20)

    7. (a) Define the following :(i) Activity.(ii) Event.(iii) Critical path.(iv) Optimistic duration.(v) Crash duration.

    (b) Draw the network, given the followingprecedence relationship : (10)

    5 6

    Event numbers : 1 2, 3 4 5 6 7Preceded by : - 1 2, 3 3 4, 5 5, 6

    8.The

    time a

    nd co

    st estim

    ates a

    nd pre

    cedenc

    e rela

    tionshi

    p of th

    e diffe

    rent a

    ctivitie

    scon

    stitutin

    g a pr

    oject

    are gi

    ven be

    low :

    It the

    dead

    line

    of 1

    7 we

    eks is

    impos

    ed fo

    r com

    pletio

    n of

    proje

    ct, wh

    atact

    ivities

    will

    be cra

    shed ?

    (20)

    AB

    CD

    EF

    GH

    I -

    -B

    BA

    AF

    C,F,G

    F

    38

    65

    134

    26

    2 2

    64

    210

    41

    41

    8,000

    60010,

    0004,0

    003,0

    0015,

    0001,2

    003,5

    007,0

    0019,

    0001,0

    0012,

    00010,

    0009,0

    0015,

    0001,4

    004,5

    008,0

    00

    Predec

    essor

    activit

    y

    Activi

    ty

    Time (

    weeks

    )( N

    ormal)

    Cost (

    Rs.)

    ( Norm

    al)

    ( Cras

    h )

    ( Cras

    h )

    Turn over

  • B - T 19 - 12

    9. In a reservation center with a single server,customer aims with the inter arrival time ofthe exponential distributions with mean 10minutes. The service tine is also assumed tobe exponential with mean 8 minutes. Find

    (a) Idle time.(b) Average length of queue.(c) Expected time of customers.

    10. Briefly explain the following :(a) Monte Carlo simulation.(b) Application of inventory models with the

    usage of Dynamic programming. (20)

    7