Production Engineering V SEM SET-1

MODEL QUESTION PAPER B.E.
Production Engineering V Semester PR 331 - QUANTITATIVE TECHNIQUES IN MANAGEMENT Time : 3 Hours Answer ALL Questions PART A (10 x 2 = 20 marks) 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Differentiate between feasible solution and optimum solution. What is an unbalanced transportation problem? Distinguish between group replacement and individual replacement. Define service life Define value of game. What are the different types of service disciplines in the queuing system? State any three industrial applications of simulation technique. Define total float and free float. List any four purposes of forecasting. Differentiate between chance node and decision node in the decision trees. PART B (5 x 16 = 80 marks) 11. A firm has the four plants each of which can manufacture any one of the four products. Production costs differ from one plant to another as do the sales revenue. Given below are the sale revenue and cost data. Sales Revenue in Rs. (000s) Plant A Plant B Plant C Plant D Product 1 50 60 55 58 Product 2 68 70 67 65 Product 2 60 63 62 64 Product 3 49 51 53 54 Product 3 45 45 49 48 Product 4 62 74 70 69 Product 4 61 69 68 66 Max Marks : 100 marks
Production Cost in Rs. (000s) Product 1 Plant A 49 Plant B 55 Plant C 52 Plant D 55
Determine which product should be produced by each plant, so as to maximize the profit.
12.a) A company has two grades of inspectors 1 and 2 who are to be assigned to a quality inspection work. It is required that at least 1800 pieces are inspected per 8hour day. Grade 1 inspectors can check pieces at the rate of 25 per hour with an accuracy of 98%. Grade 2 inspectors can check at the rate of 15 pieces per hour with an accuracy of 95%. The wage rate for grade 1 inspector is Rs.40 per hour while that of grade 2 is Rs.30 per hour. Each time an error is caused by the inspector the cost to the company is Rs.20. The company has available eight grade 1 and ten grade 2 inspectors. The company wants to determine the optimal assignment of inspectors to minimise total inspection cost. Formulate as LPP and solve using graphical method. OR 12.b) There are four machines in a machine shop. On a particular day the shop got orders for executing five jobs (A,B,C,D & E). The expected profit for each job on each machine is as follows: A B C D E 1 32 48 20 71 52 2 41 54 31 43 29 3 57 62 81 41 51 4 18 34 57 47 50
Find the optimal assignment of job to machines to maximize the profit. Which job should be rejected? 13.a) A firm is considering when to replace one of its machines, whose initial value is Rs.12,200/-. The other cost details are given below: Year 1 Running Cost 15 Rs.(00) Salvage value 35 Rs.(00) 2 16 25 3 18 17 4 21 12 5 25 8 6 29 8 7 34 5 8 40 5
Help the company to find the economical replacement policy. OR 13.b) Solve the following game graphically: A1 A2 A3 A4 B1 2 2 3 -2 B2 4 3 2 6
14.a) The arrival of employees at a tool crib can be described by a Poisson distribution. Service times are exponentially distributed. The rate of arrival averages 65 machinists per hour, while an attendant can serve an average of 70 men each hour. The machinists are paid Rs.42/- per hour while the attendants are paid Rs.25/- per hour. Find the optimum number of attendants to place in the crib. OR 14.b) A squadron on bombers are attempting to destroy enemy ammunition depot which is shaped as shown below: 1000 m If the bomb lands anywhere in the depot a hit is scored otherwise the bomb is considered to be a 700 m miss. The aircraft is flying in the horizontal direction. The bombs fall with a deviation of 600 meters in the horizontal direction and 300 meters in the vertical direction Deviations are uniformly distributed. The aiming point is the center of the depot. Use monte carlo simulation to determine the number of hits in an operation of 10 attacks. Show all your calculations in the form of a table.
15.a) The product development group of a firm has identified the activities and its duration for the introduction of a new product as follows. Based on the data draw the network and determine the project completion time and critical activities. Activity A Duration 13 (Weeks) Immediate Predecessor B 8 A C 10 B D 9 C E 11 B F 10 E OR 15.b) A firm uses simple exponential smoothing with = 0.2 to forecast the demand. The forecast for the first week of January was 400 units, whereas actual demand turned out to be 450 units. a. Forecast the demand for the second week of January ) (6 Marks G 8 D,F H 6 E I 7 H J 14 G,I K 18 J
b. Assume that the actual demand during the II week of January turned out to be 400 units. Forecast the demand up to third week of February assuming the subsequent demands as 465, 434,420,498 and 462 units. (10 Marks)

Production Engineering V SEM SET-1

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MODEL QUESTION PAPER B.E.

Production Cost in Rs. (000s) Product 1 Plant A 49 Plant B 55 Plant C 52 Plant D 55

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