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M. B. A. (Second Semester) Examination, July 2021
(New Course)
MANAGEMENT SCIENCE
Paper : MS-207
Time Allowed : Three hours
Maximum Marks : 70
Note: Attempt all questions. All question carries equal marks.
“Operations Research is the application of scientilic methods, techniques and tools to problems involving
the operations of a system so as to provide those is contro! of the system with optimum solutions to the
problems” Discuss 14
Explain the following in the context of assignment problem with examples T1=14
(a) Unbalance assignment problem
(b) The Hungarian method
(a) Ina game of matching coins, player A wins & 2 if there are two tails and loses Re | when there are
one head and one tail. Determine the pay off matix, best strategies for each player and the value of game
toA 9
(b) Explain the various steps involved in the Decision Theory Approach 5
A project consists of a series or tasks tabelled A, B,....H1, I with the following relationships (W~ X.Y,
‘means X and Y cannot start until W is completed; X,Y