ST.

THOMAS INSTITUTE FOR SCIENCE & TECHNOLOGY THIRUVANANTHAPURAM

Class No: .................................. Name: ....................................... CONTINUOUS ASSESSMENT EXAMINATION II, OCTOBER 2013 SEVENTH SEMESTER (MECHANICAL) 08.701 Principles of Management and Decision Modeling (M) Max. Marks: 50 PART-A (Answer all questions) 1. Write short notes on Market Segmentation. 2. Explain any four Forecasting Errors. 3. List the applications of LPP in management. 4. Difference between PERT & CPM. 5. Write short notes on Recruitment. (5*4=20 marks) PART-B 6. a) Explain the different stages of Product Life Cycle (PLC). OR b) Explain any four Industrial Acts followed in India. 7. a) Explain any four Quantitative techniques used in Forecasting. OR b) Explain the various steps taken in the Selection procedure.

Time: 2 hours

P.T.O

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8. a) Solve the following Transportation problem W1 3 2 7 2 40 W2 4 10 11 1 6 OR b) A project schedule has the following characteristics. Activity 1-2 1-3 2-4 3-4 3-5 4-9 Time 4 1 1 1 6 5 Activity 5-6 5-7 6-8 7-8 8-10 9-10 Time 4 8 1 2 5 7 To W3 6 1 20 9 8 W4 8 5 40 14 18 W5 9 8 3 16 6 Available 20 30 15 13

From Required

F1 F2 F3 F4

Construct the network diagram, find critical path and project duration. (3*10=30 marks)

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