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P.G. DIPLOMA EXAMINATION, 2011


(APPLIED OPERATION RESEARCH)
(PAPER-I)
110. FUNDAMENTALS OF STATISTICS, INDUSTRIAL ENGINEERING, AND COST
ACCOUNTANCY
May]

[Time : 3 Hours
Maximum : 100 Marks
Answer any FIVE questions
Use of Statistical tables permitted

1.

a)

i)
ii)
b)

2.

3.

(520=100)

A machine shop produces steel pins. The width of 100 pins was checked after
machining and the data recorded as follows:
(10)
Width in mm. Frequency
9.50-9.51
6
9.52-9.53
2
9.54-9.55
20
9.56-9.57
32
9.58-9.59
22
9.60-9.61
8
9.62-9.63
6
9.64-9.65
4
Find the arithmetic mean, standard deviation and variance.
What percentage of pins manufactured had width of 9.52 to 9.63?

a)

A lot of 20 radio sets contained 3 defective sets. If 5 sets are selected at random, what
is probability that (a) less than 3 defectives (b) Exactly 2 defectives (c) Greater than
one defective (d) Less than or equal to one defective and (e) Greater than 2 defective.
(10)
Find the system reliability for the following configuration:

b)

Explain the management techniques for improving productivity.

a)

A manufacturer sells his products at Rs.50 each. Variable costs are Rs 20 per unit and
the fixed costs amount to Rs.7,00,000. Calculate the breakeven point and what would
be the point if the firm sells 4,00,000 units?
(10)

b)

Make a comparison between the models for plant location.

(10)

(10)

-24.

5.

6.

7.

8.

a)

Explain the methods of job evaluation.

(10)

b)

Explain the work measurement techniques.

(10)

a)

Write short notes on the following:


i)
Payroll accounting
ii)
Time keeping
iii)
Labour time pricing
iv)
Labour turn over

(10)

b)

Discuss SIMO chart and give its applications.

(10)

a)

Discuss the different methods of merit rating.

(10)

b)

What are overheads? Explain how they are allocated.

(10)

a)

Write short notes on i) Job order cost system ii) Product cost system.

(10)

b)

What is standard cost? Discuss the ways to find the standard cost.

(10)

a)

Write short notes on i) Uniform cost accounting ii) Depreciation and evaluation.
(10)
Discuss the procedure for budgetary control and list their merits.
(10)

b)

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