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QABD Group Assignment

This document contains instructions for a group assignment on quantitative analysis for business decision making. It includes 17 questions covering topics like linear programming, transportation problems, assignment problems, and solving specific linear programming problems using graphical and simplex methods. Students are asked to solve word problems by developing linear programming models and finding optimal solutions using different approaches.

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tinsaefaji900
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0% found this document useful (0 votes)
58 views

QABD Group Assignment

This document contains instructions for a group assignment on quantitative analysis for business decision making. It includes 17 questions covering topics like linear programming, transportation problems, assignment problems, and solving specific linear programming problems using graphical and simplex methods. Students are asked to solve word problems by developing linear programming models and finding optimal solutions using different approaches.

Uploaded by

tinsaefaji900
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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NEW GLOBAL VISION COLLEGE

BUSINESS ADMINISTRATION PROGRAM


Group Assignment for the course Quantitative Analysis for Business Decision
(50 Marks)
ONLY SIX GROUPS PER SECTION

Attempt all the questions and there is no page limit!


1. What is linear programming problem?
2. Define unbounded solution.
3. Define feasible and infeasible solutions.
4. Discuss the importance of OR in decision making.
5. Write the steps for solving Linear Programming Problem by Graphical method.
6. What is Transportation problem?
7. What is an Assignment Problem?
8. What is the difference between Assignment Problem and Transportation Problem?
9. Write steps for North-­­West Corner Method.
10. Write the steps for solving a A.P. by Hungarian method
11. Write the steps for transportation algorithm.

Attempt all the following word problems and show all the necessary
steps you follow to answer the required questions.
12. Solve the problem graphically
Minimize Z = 20x1 + 10x2
Subject to
3x1 + x2 ≥ 30
4x1 + 3x2 ≥ 60
X1 & x2 ≥ 0
13. Solve the problem graphically
Maximize Z=300x1+250x2
Subject to

NGVC QABD /OR/MS/DS GROUP ASSIGNMENTS FOR MBA PROGRAM Page 1


2x1+x2 ≤ 40
X1+3x2 ≤ 45
X1 ≤ 12
X1, x2 ≥ 0
14. The Flair Furniture Company produces inexpensive tables and chairs. The production
process for each is similar in that both require a certain number of hours of carpentry work
and a certain number of labor hours in the painting and varnishing department. Each table
takes 4 hours of carpentry and 2 hours in the painting and varnishing shop. Each chair
requires 3 hours in carpentry and 1 hour in painting and varnishing. During the current
production period, 240 hours of carpentry time are available and 100 hours in painting and
varnishing time are available. Each table sold yields a profit of $70; each chair produced is
sold for a $50 profit. Flair Furniture’s problem is to determine the best possible combination
of tables and chairs to manufacture in order to reach the maximum profit.
Required:
A. Develop a Linear Programing Model.
B. Change the LPP into standard form.
C. Solve the LPP by using;
i. Graphical method
ii. Simplex algorithm method
iii. Identify the unused resources.
15. The Holiday Meal Turkey Ranch is considering buying two different brands of turkey feed
and blending them to provide a good, low-cost diet for its turkeys. Each feed contains, in
varying proportions, some or all of the three nutritional ingredients essential for fattening
turkeys. Each pound of brand 1 purchased, for example, contains 5 ounces of ingredient A, 4
ounces of ingredient B, and 0.5 ounce of ingredient C. Each pound of brand 2 contains 10
ounces of ingredient A, 3 ounces of ingredient B, but no ingredient C. The brand 1 feed costs
the ranch 2 cents a pound, while the brand 2 feed costs 3 cents a pound. The minimum
requirements of Ingredient A, B & C are 90, 48 &1.5 ounces. The owner of the ranch would
like to use LP to determine the lowest-cost diet that meets the minimum monthly intake
requirement for each nutritional ingredient.

NGVC QABD /OR/MS/DS GROUP ASSIGNMENTS FOR MBA PROGRAM Page 2


Required:
i. Formulate a LPP.
ii. Change the LPP in to its standard form.
iii. Solve the LPP by using;
a. Graphical method
b. Simplex algorithm method

16. A Medical Supply Company produces catheters in packs at three productions facilities. The
company ships the packs from the production facilities to four warehouses. The table shows
the costs per pack to ship to the four warehouses.

To Seattle New York Phoenix Miami Supply


From

Juarez 19 3 7 21 100
Seoul 15 21 18 6 300
Telaviv 11 14 15 22 200
Demand 150 100 200 150 600

Required:

i. Form a general linear programing form (standard form).


ii. Find the optimum solution by using;
a. NWM,
b. Least-cost method,
c. VAM and check its optimality by using;

NGVC QABD /OR/MS/DS GROUP ASSIGNMENTS FOR MBA PROGRAM Page 3


17. A marketing manager in XYZ Company wants to assign 4 salespersons to 4 regions. The
table below summarizes the expected monthly sales revenue (in 1000’s of Br.) that can be
generated by each sales person in each region.

Regions

Sales Person West South East North


Alemu 50 40 35 42
Abdi 35 30 29 27
Chaltu 28 40 25 38
Ahmed 26 35 30 34

Required:

a. Form the general linear programing/ the standard form.


b. Find the assignment schedule that maximizes expected sales revenue.
c. What is the expected total revenue?

NGVC QABD /OR/MS/DS GROUP ASSIGNMENTS FOR MBA PROGRAM Page 4

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