Quantitative Methods - a Manufacturer O F Baby Doll S Makes Three Types O F Doll S Doll a , Doll B , and Doll C Processing O F These Doll S I S Done on Three Machines , M1 , M2 and M3

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QUANTITATIVE METHODS

1) A manufacturer o f baby doll s makes three types o f doll s: Doll A , Doll B , and Doll C

Processing o f these doll s i s done on three machines , M1 , M2 and M3 . Doll A requires

2 hours on ma chine M1 and 3 hours on machine M3 .while doll C requires 5 hours on

ma chine M2 and 4 hours on machine M3 . There a re 8 hours o f time per day available

on Ma chine M1 , 10 hours o f time available on ma chine M2 and 15 hours o f time per

day available on machine M3 , The profit gained from doll A i s R s 3 per doll , from doll

B is R s 5 per doll and from doll C is R s 4 per doll .

What should be the daily production o f each type o f doll s? Which ma chine(s) would

be idle ac cording to this plan? By how much?

2) Write a note on the economic interpretation o f the dual.

3) Explain the transportation method o f solving a transportation problem . Al so give its

schematic .

4) What do you understand by an assignment problem ? Give a brief outline for solving

it .

6) Discuss the cu t ting-plane algorithm for solving integer programming problems .

7) How would you u se Gant t Chart for solving sequencing problem? Why i s i t not

employed for solving larger problem ?

8) What are the relevant costs for inventory decision s? How are they obtained in real

life situation s?