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Operations Research - Two Marks Study Materials

12th Standard

    Reg.No. :
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Business Maths

Time : 00:45:00 Hrs
Total Marks : 30
    15 x 2 = 30
  1. What is transportation problem?

  2. Write mathematical form of transportation problem.

  3. What is feasible solution and non degenerate solution in transportation problem?

  4. What do you mean by balanced transportation problem?

  5. Consider the following pay-off (profit) matrix Action States

    Action States
    (s1) (s2) (s3) (s4)
    A1 5 10 18 25
    A2 8 7 8 23
    A3 21 18 12 21
    A4 30 22 19 15

    Determine best action using maximin principle.

  6. Consider the following pay-off matrix

    Alternative Pay – offs (Conditional events)
    A1 A2 A3 A4
    E1 7 12 20 27
    E2 10 9 10 25
    E3 23 20 14 23
    E4 32 24 21 17

    Using minmax principle, determine the best alternative.

  7. Obtain an initial basic feasible solution to the following transportation problem by north west corner method.

  8. What is the Assignment problem?

  9. Give mathematical form of assignment problem.

  10. What is the difference between Assignment Problem and Transportation Problem?

  11. Obtain the initial solution for the following problem using north-west corner rule.

  12. Determine an initial basic feasible solution to the following transportation problem using feast cost method.

  13. Consider the following pay-off (profit) matrix action, states

    Action States
    B1 B2
    A1 8 6
    A2 9 2
    A3 6 4

    Determine the best action using maximin principle.

  14. For the given pay-off matrix, find the optimal decision under the minimax principle.

  15. The following is the pay-off matrix (in rupees) for three strategies and three states of nature. Select a strategy using maximin principle.

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