Kerala University 2009 M.Com Marketing Fourth Semester , MANAGEMENT OPTIMIZATION TECHNIQUES - Question Paper
IBQQVSIB (Pages : 2) 338S
Reg. No.:.................................
Name :.....................................
Fourth Semester M.Com. Degree Examination, June 2009 (New Scheme-2005 Admission)
Elective - Finance
CO 241 F - Paper - I : MANAGEMENT OPTIMIZATION TECHNIQUES
Time : 3 Hours Max. Marks : 75
SECTION - A Answer all questions. Each question carries 2 marks.
1. What is Pre-modeling ?
2. What is meant by Network theory ?
3 . What is Sequencing ?
4. Define Simulation.
5. What is Game Theory ?
6. What is Probabilistic Programming ?
7. Define sub-optimization.
8. What is Waiting Line Theory ?
9. What is Icononic Model ?
10. What is Iso-profit line ? (10x2=20 Marks)
SECTION - B Answer any five questions. Each question carries 5 marks.
11. What are the limitations of Linear Programming Models ?
12. Explain the purpose of the simplex method.
13. What are the characteristics of dual problem ?
14. When is solution to a transportation problem said to be a degenerate one ?
15. Show how to balance the transportation model when it is unbalanced ?
16. What is an Assignment problem ?
17. What do you understand by pure statagies and saddle point ? (5x5=25 Marks)
SECTION - C
Answer any two questions. Each question carries 15 marks.
18. State the circumstances where CPM is a better techniques of project management than PERT.
19. On an average, 5 customers reach a barbers shop every hour. Determine the probability that exactly 2 customers will reach in a 30-minute period, assuming that the arrivals follow Poisson distribution.
20. The cost of a machine in Rs. 6500 and its scrap value is only Rs. 500 whenever disposed. The maintenance costs are found to be as under on the basis of experience.
Year : 1 2 3 4 5 6 7 8
cost (Rs.) : 100 250 400 600 900 1250 1800 2500
21. A company has determined from its analysis of production and accounting data that, for a part number Kc-438 the annual demand is equal to 10000 units, the cost to purchase the item is Rs. 36 per order, and the holding cost Rs. 2/unit/year. Determine the Economic Ordering Quantity (2x15=30 Marks)
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