DRIVE PROGRAM SEMESTER SUBJECT CODE & NAME BOOK ID CREDITS MARKS
ASSIGNMENT FALL 2019 MBA II MBA205 & OPERATIONS RESEARCH B2068 4 30(EACH SET)
Note –The Assignment is divided into 2 sets. You have to answer all questions in both sets. Average score of both assignments scored by you will be considered as your IA score. Kindly note that answers for 10 marks questions should be approximately of 400 words. SET-I Q.No Questions Marks Total Marks 1 What are the different tools of Operation Research? Explain various characteristics of Operations Research. Tools of Operation Research 5 10 5 Characteristics of Operations Research. 2 Explain the Concept of Duality. Write the dual problem for the given primal problem Maximise Z = 50 X1 + 80 X2 Subject to 3 X1 + 7 X2 ≤ 45 (constraints) 4 X1 + 4 X2 ≤ 65 (constraints) 7 X1 + 12 X2 ≤ 50 (constraints) X1 , X2 ≥ 0
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Concept of Duality 5 10 Dual of Primal problem 5 ABC Pvt. Ltd. is currently using a machine that was purchased for Rs 36,000. The resale value of the machine is Rs 12,000. Maintenance cost of machine is 3,000 Rs for first year and then increases by 500 Rs every year. Calculate total and average cost for 12 Years and find the best time to replace the machine. Calculation of Total and Average cost 8 10 Replacement Year 2