Operartions Research & Quantitative Techniques In Logistics PGDLM Question Paper : iimm.org
College : Indian Institute of Materials Management
Degree :PGDLM (PG Diploma in Logistics Management)
Subject :Operartions Research & Quantitative Techniques In Logistics
Document Type : Question Paper
Website : iimm.org
Download Previous/ Old Question Paper :
December 2013 : https://www.pdfquestion.in/uploads/iimm.org/6763-qp6-pgdlm-dec-13.pdf
June 2013 : https://www.pdfquestion.in/uploads/iimm.org/6763-qp6-pgdlm-june-13.pdf
December 2012 : https://www.pdfquestion.in/uploads/iimm.org/6763-qp6-pgdlm-dec2012.pdf
June 2012 : https://www.pdfquestion.in/uploads/iimm.org/6763-j12qp_6.pdf
December 2011 : https://www.pdfquestion.in/uploads/iimm.org/6763-qp6pgdlm_dec11.pdf
June 2011 : https://www.pdfquestion.in/uploads/iimm.org/6763-j11P-6.pdf
December2010 : https://www.pdfquestion.in/uploads/iimm.org/6763-jd10P-6.pdf
OR & Quantitative Techniques In Logistics Question Paper :
INDIAN INSTITUTE OF MATERIALS MANAGEMENT
Post Graduate Diploma in Logistics Management Paper 6
Date : 15.12.2013
Max Marks : 100
Time : 2.00 p.m. to 5.00 p.m.
Duration : 3 Hrs
Related : Indian Institute of Materials Management Logistical Systems Operation PGDLM Question Paper : www.pdfquestion.in/6762.html
Instructions :
1) Answer all questions in PART A each question carries 1 mark Total 25 marks
2) Attempt any five questions in PART B each question carries 15 marks 75 marks
PART A : 25 marks
Q.1 State TRUE or FALSE: [ 1 Mark Each] .
a) A feasible solution is a solution for which all constraints are satisfied.
b) The selection of the appropriate order in which waiting customers are served is called sequencing.
c) The time lag required to obtain the delivery of fresh supplies is Safety Stock.
d) Payback Period is period required to recover original cash outflow invested in a project.
e) Fixed costs remain unchanged within a relevant range of activity.
f) Simulation is imitation of reality.
g) North West Corner method is used to solve Assignment Problem.
h) A network is a logical and chronological set of activities and events.
i) Trend is the general tendency of the data to increase or decrease or stagnate over a long period of time.
j) Wherever there is a problem of optimization , there is scope of application of Operations
Q.2 Match the columns A & B: [ 1 Mark Each]
(1) Least Cost Method – (A) Two variable LPP
(2) Inventory Management – (B) Service Rate
(3) Graphical Method – (C) Safety Stock
(4) Hungarian Method – (D) Transportation Problem
(5) Exponential Distribution – (E) Assignment Problem
Q.3 Fill in the blanks: [ 1 Mark Each]
a) CPM stands for ____________.
b) PERT stands for _____________.
c) Probability of a customer waiting in a queue can have a minimum
d) NPV stands for _____________.
e) ROI stands for _________________.
f) EOQ stands for ____________.
g) LPP is _________________.
h) FIFO stands for ______________.
i) North West Corner method
j) The objective of transportation problem is to ________________
PART B : 75 marks
Attempt any five.
Each question carry 15 Marks
Q.4 (a) What are the advantages and limitations of Game Theory?
Q.4 (b) Mumbai Railway Station has a ticket counter. During the rush hours , customers arrive at the rate of 10 per hour. The average number of customers that can be served is 12 per hour.
Find out the following :
(i) probability that the ticket counter is free
(ii) average number of customers in the queue
Q.5 Find out the minimum cost of the below transportation problem by stepping stone method
Q.6 (a) Explain the difference between a transportation and assignment
Q.6 (b) The Njoy Toyz Company has four men available for work on separate jobs. Only one man can work on any one job. The cost of assigning each man to each job is given in the following table. Please assign men to jobs so that the total cost of assignment is minimum.
Q.7 Solve the following by using Simplex Method. Maximize Z= 6x+4y
(a) What are the characteristics and limitations of a linear programming
Q.8(b) The Oswal Hardware sells fasteners of Rs 10,00,000/- annually. Ordering cost is Rs 2,500/- per order. Carrying cost is 12.5% of average inventory value. Find out optimal order size, number of orders per year and cycle period.
Q.9 (a) What is Operations Research? Discuss the advantages and limitations of Operations Research.
(b) A machine costs INR 500 to operate, while maintenance costs are zero for the first year , increasing by INR 100 every year. If the interest rate is 5% every year, determine the best age at which the machine should be replaced.
Q.10 (a) What is payback period? How is it useful in decision making? What are the limitations of payback period?
(b) Solve the following problem using Graphical Method:
Maximize Z = 3x+2y Subject to- 2X+y ≤ 100 x+y ≤ 80 x≤ 40 Where x,y≥0.