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Summer 2011- May drive

MBA SEMESTER II

MB0048 –Operation Research- 4 Credits

(Book ID:B1137)

Assignment Set- 2 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions

1. State the different types of models used in OR. Explain briefly the general methods for solving these OR models?

2. What are the meaning and role of the lower bound and upper bound in the branch and bound method?

3. (a) Give an algorithm to solve an assignment problem.
(b) Show that an assignment problem is a special case of transportation problem?

4. What is a game in game theory? What are the properties of a game? Explain the ‘best strategy’ on the basis of minimax criterion of optimality.

5. What do you understand by (i) Queue discipline, (ii) Arrival process (iii) Service process?

6. State two major reasons for using simulation. Explain the basic steps of Monte- Carlo simulation. Briefly describe the application in finance & Accounting.


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