Code No.

9178

2022-23
MASTER OF BUSINESS ADMINISTRATION EXAMINATION
Part-I (Semester-)
Quantitative Methods
[MBA-1CO3]
Maximum marks: 70 Time allowed: 2% hours

Note: 1. Answer all questions, preferably in the sequence given.

2. Exchange/Borrowing of caleulators and geometric instruments, ete. not allowed.
3.Statistical tables provided with this question paper may be used.
4. This question paper contains two main pages and one page of statistical table.
Q1.(a) When a wholesaler sold a certain product at Rs.15 per unit, the weekly sales were 2000 units.
After the price was raised by Rs.3, the sales dropped down to 1800 units. Assuming the demand
function as linear, determine the point elasticity of demand at the new price. (7)

(b) A discount appliance store is selling 200 large-screen television sets monthly. If the store
invests Sx thousand in an advertising campaign, the advertising company estimates that sales will
increase according to N(3) = 3r-0.25x+200. Considering x between zero and 9, determine
the advertising expenditure that will maximize the sale. (7)

OR
Q1. (a)A wholesaler willbuy 50 dryers per month if the unit price is Rs.200 and 30 units per month per
if the unit price is Rs.300. The manufacturer, on the other hand, is willing to supply 20 units
demand
month if the unit price is Rs.210 and 30 dryers if the unit price is Rs.230. Determine the
and supply functions, assuming them as lincar find out the unit price at the equilibrium point. (7)
(b) After an advertising campaign, the sales rate of aproduct hasofbeen observed as S(x) 1,000 +
100x-0.25r, wherex is the number of months since the close the campaign. Find (i) the total
cumulative sales after 3 months and (ii) the sales during the fourth month. ()

metals X and Y. It decides that

Q2. A firm plans to purchase at least 200 quintals of scrap containingand no more than 35 quintals of
the scrap to be purchased must contain at least 100 quintals of X
B in unlimited quantities. The
Y. The firm can purchase the scrap from two suppliers A and supplied
percentages of metals X and Y (in terms of weight) in the scrap by A is 25% and 10%
respectively, whereas, these percentages are 75% and 20% for the scrap supplied by B. Supplier
quintal. The firm wants to
A sells the scrap at Rs.200 per quintal and B sells at Rs.400 per order to minimize its total
determine the amount of scrap it should purchase from each supplier in (14)
problem.
cost. Use graphical method of LP to solve the firm's
OR
with four trucks. Kilometers run per
Q2. Atransportation company operates everyday on four routes four routes are given in Table-1.
liter of diesel consumption by each truck when run on the given

Contd...se
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Trucks Routes
A B C D
1 6.2 6.5 6.0 6.6
2 5.9 6.1 6.2 6.4
3 5.8 6.2 5.9 6.3
4 6.0 6.0 6.2 6.4

[Table-1]
(14)
Find out the assignment of trucksto routes in orderto minimize the consumption of diesel.
his monthly spot
Q3. (a) The director of quality control of an automobile company is conducting
transmissions are randomly
check of automatic transmissions. In this procedure, 10 Historically, only 2 per cent
selected from a lot and are checked for manufacturing defects. occur independently in
of the transmissions have such defects. Assuming that defects more than
sample contains (i)
different transmissions determine the probability that thetransmissions
cight defective transmissions, (i) fewer than two defective
for Inurance Company, has developeda new training
(D) Rajan Sablok, VP of personnel employees work at various stages at their own
program that is entirely self-placed New learned. In the last several years, average
pace; completion occurs when the material isand the standard deviation was 12 days.
completion time of the program was 44days,
a) Find the probability that an employee will finish the program in 33 to 42 days.
days? (7)
b) What is the probability of finishing the program in fewer than 30

Q4. Table-2 provides infomation on the activities involved in a project. (i) Draw a network diagram
and (ii) determine the expected duration and its variance for each activity (iii) identify the critical
path, and (iv) find the expected completion time and its variance for the project. (14)

Activity 1-2 1-3 14 2-5 3-5 4-6 5-6

Optimistic time (days) 2 4 5 2 6 4

Most likely time (days) 5 10 7 9

Pessimistic time (days) 16 13 11 14 12 10

[Table-2)
Q5. Write short notes on any two of the following topics
a) Queuing Structures (70X2)
b) Simulation
c) Game Theory

Contd..s,
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178

TABLE-3 Normal Probability Distribution.

-0.4875of area

Areas under the Standard Normal

Probability Distrlbution between the Mean
and Postive Values of 1
Mean Ze224

0.08 0.09
Example:
To find the area
0.00 0.01 0,02 0.03 0.04 0.03 0.06 0.07

0. 0.0000 0.0040 0.0080 0.0120 0.0160 0.0199 0.0239 0.0279 0.0319 0.0359
inder the cutue 0.1 0.0398 0.0438 0.0478 0.0517 0.0557 0.059% 0.0636 0.0675 0.0714 0.0753
between the 0.2 0.0793 0.0832 0.0871 0.0910 0.0948 0.0987 0.1026 0.1064 0.1103 0.1141
0.3 0.1179 0.1217 0.1255 0.1293 0.1331 0.1368 0.1406 0.1443 0.1480 0.1517
mean and apont 0.4 0.1554 0.1591 0. 1628 0.1 664 0.1700 0.1736 0.1772 0.1808 0.1844 0.1879
0.2157 0.2190 0.2224
2.24standard 0.5
0.6
0.1915
0.2257
0.1950
0.2291
0.1985
0.2324
0.2019
0.2357
0.2054
0.2389
0.2088
0.2422
0.2123
0.2454 0.2486 0.2517 0.2549
Rdeviations to tiy 0.7 0.2580 0.2611 0.2642 0.2673 0.2704 0.2734 0.2764 0.2794 0.2823 0.2852
right. of the 0.8 0.2881 0.2910 0.2939 0.2967 0.2995 0.3023 0.3051 0.3078 0.3106 0.3133
0.9 0.3159 0.3186 0.3212 0.3238 0.3264 0.3289 0.33 15 0.3340 0.3365 0.3389
mean, lookup 1.0 0.3413 0.3438 0.3461 0.3485 0.3508 0.3531 0.3554 0.3577 0.3599 0.3621
be value 1.1 0.3643 0.3665 0.3686 0.3708 0.3729 0.3749 0.3770 0.3790 0.3810 0.3830
1.2 0.3849 0.3869 0.3888 0.3907 0.3925 0.3944 0.3962 0.3980 0.3997 0.4015
1.3 0.4032 0.4049 0.4066 0.4082 0.4099 0.4115 0.4131 0.4147 0.4162 0.4177
Under.0.04 in the 14 0.4192 0.4207 0.4222 0.4236 0.4251 0.4265 0.4279 0.4292 0.4306 0.4319
1.5 0.4332 0.4345 0.4357 0.4370 0.4382 0.4394 0.4406 0.4418 0.4429 0.4441
teble: .4875 o 1.6 0.4452 0.4463 0.4474 0.4484 0.4495 0.4505 0.4515 0.4525 0.4535 0.4545
the area under 17 0.4554 0.4564 0.4573 0.4582 0.459) 0.4599 0.4608 0.4616 0.4625 0.4633
1.8 0.4641 0.4649 0.4656 0.4664 0.4671 0.4678 0.4686 0.4693 04699 0.4706
ahe turVe les 1.9 0.4713 0.4719 0.4726 0.4732 0.4738 0.4744 0.4750 0,4756 0.4761 0.4767
9etweernitte 2.0 0.4772 0,4778 0.4783 0.4788 0.4793 0.4798 0.4803 0.4808 0.4812 0.4817
-2.1 04821 0.4826 0.4830 0.4834 0.4838 0.4842 0.4846 0.4850 0.4854 0.4857
mcan énda z 2.2 0.4861 0.4864 0.4868 0.4871 0.4875 0.4878 0.4881 0.4884 0.4887 0.4890
2.3 0.4893 0.4896 0.4898 0.4901 0.4904 0.4906 0.4909 0.4911 0.4913 0.4916
2.4 0.4918 0,4920 0.4922 0.4925 0.4927 0.4929 0.4931 0.4932 0.4934 0.4936
2.5 0.4938 0.4940 0.4941 0.4943 0.4945 0.4946 0.4948 0.4949 0.4951 0.4952
2.6 0.4953 0.4955 0.4956 0.4957 0.4959 0.4960 0.4961 04962 0.4963 0.4964
2.7 0.4965 0.4966 0.4967 0.49%8 0.4969 0.4970 0.4971 0.4972 0.4973 0.4974
2.8 0.4974 0.4975 0.4976 .0.4977 0.4977 0.4978 0.4979 0.4979 0.4980 0.4981
2.9 0.4981 0.4982 0.4982 0.4983 0.4984 0.4984 0.4985 0.4985 0.4986 0.4986
30 0.4987 04987 -0.4987 0.4988 0.4988 0.4989 0.4989 04989 0.4990 0.4990