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10.
ii.
12,
What are the assumptions made in theory of
game?
Define waiting line. Give a brief description of the
various types of queues.
SECTION B — (5 x 10 = 50 marks)
Answer any FIVE questions.
All questions carry equal marks.
Describe the various factors involved in the
location of a plant, with an emphasis on a cement
plant.
Discuss the various applications of operations
research in business decision making.
Maximize 5x, + Tx,
Subject to the constraints :
Determine the weekly production schedule of
certain item for the next 4 weeks so as to minimize
the total costs, being given that production cost of
the item is Rs, 10.00 for the first 2 weeks and
Rs. 15 for the last weeks. The weekly demands are
300, 700, 900, and 80 units of the item which must
be satisfied The plant can produce a maximum of
2 MBA09R
13,
14,
700 units each week. The Company can produce
200 units per week more in 2" and 3" Week at an
extra production cost of Rs. 5 per item. Excess
Production can be stored at a unit cost of Rs. 3.00
per week.
A soft drink company calculated the market share
of two products against its major competitor
having three products and found out the impact of
additional advertisement in any one of its product
against the other. The pay off matrix is as follows :
Competitor
I nm
Company I 6 7
I 20 12 10
What is the best strategy for the company as well
as the competitor? What is the pay off obtained by
the company and the competitor in the long run?
An insurance company has three claim adjusters
in its branch office People with claim against the
company are found to arrive in a Poisson fashion
at an average rate of 20 per 8 hour day. ‘The
amount of time that an adjuster spends with a
claimant is found to have an exponential
distribution with mean service time 40 minutes.
Claimants are processed in the order of their
appearance.
How many hours a week can an adjuster expect to
spend with claimants?
3 MBA 09 R