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Describe Monte Carlo Simulation. List out some of the differences between Monte Carlo Method and simulation?
By using the backward computational procedure for this Dynamic Programming problem, compute the optimal decision for each possible value of the state variable.
Describe the concept of cycling and degeneracy in the linear programming problems.
Describe the fundamental elements and structure of the Linear Program formulation.
Write brief note on any two of the following: Rules for Network construction, Types of Maintenance and EOQ.
What is degeneracy in transportation problems? When does it creep into the solution?
Write down some applications of queuing theory. What the various costs associated with the inventory problem?
Describe the various methods of collecting secondary data. Describe the objectives of research statement.
Describe about various methods of data collection. Explain briefly about the kinds of research reports.
In 18th century, when transportation systems were not developed, a family wanted to travel from their home to reach a friend’s home in other part of the country. Find the safest route so that
According to you, why records require being synchronized between the enterprise resource planning (ERP) system and a cloud-based customer relationship management (CRM) system?
Set out the conditions which must be satisfied for the PERT to be applicable.
The purpose of this assignment is for you to reflect on a practical case study (or studies) and consider how these relate to the material covered in Foundations of Operational Research and Business
How many units of ammonia (rounded to nearest whole number using the round command) should be manufactured and sold daily to maximize profit? Use Optimization[Maximize].
Explain briefly various O.R. models, their applications and limitations.
Describe the phases in the development of a group. Differentiate between functional and dysfunctional conflict. Describe the internal and external triggers for change in an organization.
According to Herzberg’s theory what are the two factors that affect the motivation of people. Explain.
Describe the following in a Transportation Problem. How to determine that there are multiple solutionWhat meant is degeneracy. What does it signify about nature of constraints.
Describe using two applications for Sensitivity analysis in Linear Programming. Describe using two applications for Goal Programming.
Given the cost and time data for a specific project. Find out the optimal cost Schedule for the project by drawing project schedule versus total cost. Overhead cost is Rs. 50 per day.
How does network analysis help in project work? Define the given terms: a) Activity b) Critical path c) Slack
Differentiate between internally (process) and externally focused performance measures. Give examples. Discuss pros and cons of relying solely on either internally focused or externally focussed mea
Why it is significant to know stage of product life cycle in which the equipment is, in the context of maintenance?
Explain various methods to obtain initial basic feasible solution of transportation problem.