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IGNOU MMPO-01 (July 2024 – January 2025) Assignment Questions
IGNOU MMPO-01 (July 2023 – January 2024) Assignment Questions
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)?