Professional Documents
Culture Documents
FACULTY OF ENGINEERING
MAY 2013
PROGRAMME
MODULE NAME
Operational Research
Tuesday
DATE
MODULE CODE
MECH 4001Y(5)
28 May 2013
TIME
NO. OF
QUESTIONS SET
DURATION
NO. OF QUESTIONS
TO BE ATTEMPTED
INSTRUCTIONS TO CANDIDATES
Answer ALL Questions.
All questions carry equal marks
3 hours
What is inventory management and explain what are the advantages and
disadvantages of having inventories?
[5 Marks]
(b)
A diesel engine manufacturing company has planned its production schedule for
the next year based on the forecasted demand, back orders and plant capacity.
Instead of manufacturing the piston, that goes in the final product, the company
has decided to buy the piston from XYZ Pistons Co Ltd. The number of pistons
required are at the rate of 100 per day. Ordering costs have been estimated at Rs
60 per order and the carrying cost fraction is 0.20. All the assumptions of the basic
EOQ model are applicable. The company however can take advantage of one of
the several quantity discounts. The pricing schedule of XYZ Pistons Co Ltd is
listed as follows:
Quantity Ordered
0-1999
2000-4999
100
90
5000 10000
Over 10000
80
70
Question 2
(a)
(b)
Using the Simplex Method, find the optimal quantities of product A and B for the
problem from part (a).
[10 Marks]
Page 1 of 3
(b)
The cost of equipment is Rs 7200 and the scrap value is Rs 200. The maintenance
costs are as follows:
Year
Annual
maintenance cost
1
150
2
300
3
450
4
650
5
950
6
1300
7
1850
8
2500
(b)
A ready made garment manufacturer has to process 6 items through three stages
of production: cutting, sewing and pressing. The time taken for each of these
items at the different stages are given below in hours:
Items
Cutting
Sewing
Pressing
10
Find the order in which these items are to be processed through these stages so as
to minimize the total time involved?
Also calculate the total elapsed time and the idle time of each machine.
[5+5+5 Marks]
Page 2 of 3
(b)
Daily Demand
10
20
30
40
50
Probability
0.01
0.20
0.15
0.50
0.12
0.02
78,
19,
51,
56,
77,
15,
14,
68,
09
Using this sequence, simulate the demand for the next 10 days. Find out the stock
situation if the owner of the bakery decides to make 30 cakes every day. Also
estimate the daily average demand for the cakes on the basis of simulated data.
[15 Marks]
Page 3 of 3