Operations Research

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Operations Research

Answer any 2 questions from the following :

Q1 ) Explain the objectives, phases, models and limitations of Operations Research.

Answer : Definition of Operation Research

Churchman, Aackoff and Aruoff defined Operations Research as: the application of scientific methods, techniques and tools to operation of a system with optimum solutions to the problems”, where 'optimum' refers to the best possible alternative. Operations Research can also be defined as The use of scientific methods to provide criteria for decisions regarding man, machine, and systems involving repetitive operations”.

Some key features of OR are as follows:
¬  OR is system oriented. A
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Q2 ) Write brief notes on following:

a)Northwest corner rule
Answer : 1. Starting from the northwest corner of the transportation tableau, allocate as much quantity as possible to cell (1,1) from Origin 1 to Destination 1, within the supply constraint of source 1 and the demand constraint of destination 1.
2. The first allocation will satisfy either the supply capacity of Source 1 or the destination requirement of Destination 1.
ƒ If the demand requirement for destination 1 is

Q3 ) Explain in detail the ‘Game theory’ and also provide examples to explain your answer.
Answer :
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