10bt60301-Operations Research (2)

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    CODE No.:10BT60301

    SREE VIDYANIKETHAN ENGINEERING COLLEGE(An Autonomous Institution, Affiliated to JNTUA, Anantapur)

    III B.Tech II Semester (SVEC10) Supplementary Examinations December !01"

    OPERATIONS RESEARCH[ Mechanical Engineeing !

    Ti"e: 3 ho#$ Ma%. Ma&$: '0An$(e an) *I+E ,#e$-ion$

    All ,#e$-ion$ ca) e,#al "a&$

    1. a) Discuss the applications o# $perations %esearch to en&ineerin& an' mana&erial problems.

     b) n animal #ee' company must pro'uce !00 & o# a mixture consistin& o# in&re'ients *1 an' * 

    'aily. *1 cost %s. + per & an' * %s. , per &. -ot more than ,0 & o# *1 can be use' an' at

    least /0 & o# * must be use'. in' ho much o# each in&re'ient shoul' be use' i# the company

    ants minimi2e cost.

    . a) 3hat is 4un&arian metho' #or sol5in& an assi&nment problem6 b) Consi'er the #olloin& transportation cost table. The costs are &i5en in rupees7 the supply an'

    'eman' are in units. Determine an optimal solution.

    Destination

    Source 31 3! 3+ 3" 38 Supply

    1 "0 +/ !/ +, +0 +!0

    ! +, !, +" +" 19, 8/0

    + +/ +, !" !, +0 ",0

    Deman' +!0 +!0 "00 !"0 ",0

     

    3. a) De#ine E.$.:. ;ist 5arious costs associate' ith E.$.:. b) Determine the optimal replacement policy #or the 'ata &i5en belo<

      =roup replacement cost %s. !0 per unit.

      Cost o# in'i5i'ual replacement o# #ailure is %s. 90 per unit.

      Total number o# units in a system is 1000 units.

      >ortality 'ata o# units to be use' in the system is as #ollos<

    Inter5al o# time perio' (hours) ?robability o# #ailure

    0 !00 0

    !00.01 "00 0.0/

    "00.01 /00 0.+0

    /00.01 ,00 0.",,00.01 1000 0.1/

     

    /. a) Explain brie#ly @ho the replacement problems are classi#ie'A.

     b) leet o# cars ha5e increase' their costs as they continue in ser5ice 'ue to increase' 'irect

    operatin& cost (&as an' oil) an' increase' maintenance (repairs tyres batteries etc..).The initial

    cost is %s.+80000 an' the tra'e in 5alue 'rop as time passes until it reaches a constant 5alue o#

    %s."0000.=i5en the cost o# operatin& maintainin& an' the tra'e in 5alue 'etermine the proper

    len&th o# ser5ice be#ore cars shoul' be replace'.

    ears o# ser5ice 1 ! + " 8

    ear en' tra'e in 5alue (%s.) !90000 !10000 180000 110000 "0000

    nnual operatin& cost (%s.) 11800 1!,00 1+/00 1"000 18000

    nnual maintainin& cost (%s.) +000 8000 ,000 1!000 18000

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    . a) De#ine the terms< Total ree an' In'epen'ent #loats.

     b) Tass B C 4 I constitute a proect. The prece'ence relationships are D7 E7

      B 7 D 7 C =7 C 4 7 I 7 = I.

      Dra a netor 'ia&ram to represent the proect an' #in' the minimum time o# completion o# the

     proect hen time in 'ays o# each tas is as #ollos<

    Ta$&  B C D E = 4 ITi"e , 10 , 10 1/ 1F 1, 1" 9

      lso i'enti#y the critical path.

    6. a) Deri5e the expression #or E$: an' state the assumptions ma'e.

     b) The annual 'eman' #or a pro'uct is /"000 units. The buyin& cost per or'er is %s.10 an' the

    estimate' cost o# carryin& one unit in stoc #or a year is !0G. The normal price o# the pro'uct is

    %s.10 per unit. 4oe5er the supplier o##ers a Huantity 'iscount o# !G on an or'er o# at least

    1000 units at a time an' a 'iscount o# 8G i# the or'er is #or at least 8000 units. Su&&est the

    most economic purchase Huantity per or'er.

    '. a) In'icate the 'i##erence beteen 'ecision main& un'er ris an' uncertainity in

    Statistical Decision Theory.

     b) manu#acturin& company has to select one o# the to pro'ucts an' B #or manu#acturin&.

     pro'uct reHuires an in5estment o# %s. !0000 an' pro'uct B %s. "0000. >aret research

    sur5ey hich shos hi&h me'ium an' lo 'eman's ith correspon'in& probabilities an' sales

    earnin&s in thousan's o# rupees #or the to pro'ucts is &i5en in table. Construct an appropriate

    'ecision tree. 3hat 'ecision shoul' the company tae6

    Ma&e-Poaili-) Sale$

    A B A B

    High 0." 0.+ 80 ,0Me2i#" 0.+ 0.8 +0 /0

    o( 0.+ 0.! 10 8

     

    4. a) De#ine< i) ?ure Strate&y ii) >ixe' Strate&y an' iii) Sa''le ?oint.

     b) $btain the optimal strate&ies #or both persons an' the 5alue o# the &ame hose payo## matrix is

    as #ollos<

    Pla)e APla)e B

    B1 B B3 B/ B B6A1 " ! 0 ! 1 1

    A " + 1 + ! !A3 " + F 8 1 !

    A/ " + " 1 ! !

    A " + + ! ! !

    !