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Are you looking to download a PDF soft copy of the Solved Assignment MMPO-01 - Operations Research? Then GullyBaba is the right place for you. We have the Assignment available in English language.
This particular Assignment references the syllabus chosen for the subject of Operations Management, for the July 2024 - January 2025 session. The code for the assignment is MMPO-01 and it is often used by students who are enrolled in the MBA (New), PGDIOM, MBAOM Degree.
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1. What is a linear programming problem? Discuss the scope and role of linear programming in solving management problems.
2. Discuss the various methods of finding the initial basic feasible solution of a transportation problem and state the advantages, disadvantages and two areas of application for them.
3. Write a short note on the following.
a. Two-person zero-sum game.
b. Goal Programming.
c. Dynamic Programming.
d. Kendall’s Notation.
4. Discuss integer linear programming. Give an example of each of a pure and mixed integer linear programming problem.
5. ‘Game theory provides a systematic quantitative approach for analysing competitive situations in which the competitors make use of logical processes and techniques in order to determine an optimal strategy for winning’. Comment.
1. Define Operations Research? Describe the main characteristics of Operations Research. Discuss the significance and scope of Operations Research in modern management.
2. What is dynamic programming? Discuss the applications of dynamic programming in decision-making. How is this different from linear programming? Explain.
3. Write a short note on the following.
a. Saddle point in Game theory.
b. Assignment problem.
c. Monte Carlo Simulation.
d. Sensitivity Analysis in linear programming.
4. What is a queue? What are the basic elements of queues? Explain the basic queuing process and its applications in industrial management.
5. What is a transportation problem? What are the various methods for finding the Initial Basic Feasible Solution (IBFS)? Explain the steps involved in Vogel’s Approximation Method (VAM)?
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