Punjabi University 2008 M.B.A Business Administration QUANTITATIVE TECHNIQUES FOR MANAGEMENT - Question Paper

Punjabi University M.B.A QUANTITATIVE TECHNIQUES FOR MANAGEMENT ques. paper 2008

M.B.A. DEGREE EXAMINATION, JUNE 2008

QUANTITATIVE TECHNIQUES FOR MANAGEMENT


MAXIMUM: 100 Marks

ans any 5 ques.

ALL ques. carry equal marks. (5*20 =100)

1. explain the different mathematical models.

2. (a) What is Linear programing problem? elaborate its assumptions?

(b) Solve the Linear programing issue by graphical method.

Maximise Z = 3X +4Y
Subject to
2X + 3Y< 6
-

6X + 4Y > 24
-

X,Y > 0.
-

3. Explin the different methods to obtain initial solution for transporation issue with an example.

4. What is normal distribution? discuss the properties of normal distribution.

5. (a) elaborate the assumptions made in a waiting line method?

(b) discuss the structure of M/M/1 Model for infinite population.

6. Write short notes on:
(a) Decision theory

(b) Decision trees

7. obtain the optimum order volume for a product for which price breas are as follows:

volume Price per unit

0 < Q1 < 500 10
- -

500 < Q2 9
-
The monthly demand for the product is 200 units, the cost of storage 15 2% of the unit cost and
the odering coat is Rs. 350.

8. 2 firms re competing for business under the conditions so that 1 firm's gain is a different firm's
loss. Firm A's pay off mastrix is provided beneath.

FIRM B
FIRM A NO MEDIUM HEAVY
ADVERTISING ADVERTISING ADVERTISING


NO
ADVERTISING 10 five (-2)

MEDIUM
ADVERTISING 13 12 15

HEAVY
ADVERTISING 16 14 10

Suggest optimal strategies for 2 firmsand the net result thereof.

Earning:   Approval pending.