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## Management Studies

 Management Theories Operation Management HR Management Project Management Business Management Operation Research Marketing Management Strategic Management Management Information System

Q1. Describe the condition where an LPP can be categorized as an integer programming problem.

Q2. A retailer consists of the following month wise demand, price in euro and the inventory cost in euro/unit/month for generators:

Jan: demand = 3: Price in euro = 150 and inventory cost in euro/unit/month = 12
Feb: demand=4: Price in euro = 160 and inventory cost in euro/unit/month = 10
Mar: demand = 2: Price in euro = 175 and inventory cost in euro/unit/month = 10

By using the backward computational procedure for this Dynamic Programming problem, compute the optimal decision for each possible value of the state variable.

Q3. A company consists of three plants supplying the similar product to the five distribution centers. Due to the peculiarities inherent in the set of cost of manufacturing, the cost/unit will differ from plant to plant. This is illustrated below. There are restrictions in the monthly capacity of each plant, each distribution center consists of a specific sales requirement, capacity requirement and the cost of transportation is illustrated below:

The cost of manufacturing a product at different plants is Fixed cost is Rs. 7 x 105, 4 x 105 and 5 × 105 while the variable cost per unit is Rs.13/-, 15/- and 14/- correspondingly. Find out the quantity to be dispatched from each plant to different distribution centers, fulfilling the needs at minimum cost.

Operation Research, Management Studies

• Category:- Operation Research
• Reference No.:- M910419

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