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Ms-8 june 2007

MS-8   june, 2007

MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS

1.Distinguish between decision making under certainty and decision making under uncertainty. Mention certain methods for solving decision problems under uncertainty. Discuss how these methods can be applied to solve decision problems.

2. Use Cramer's rule for a 3 x 3 system of linear equations to solve the following system :

2x - y + 3z =3

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Ms-8 june 2008

MS-8   june, 2008

MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS

What factors       in modern society contribute to  the increasing importance of quantitative approach to  management ? List one applicaticn of quantitative techniques in each functional area of  management.

2. The demand for a certain product is represented by the equation p : 20 + 5q

-q2 where q is the number of units demanded and p is the price per unit. Find marginal revenue function. What is the marginal revenue at q = 2 ?

3 From the frequency distribution, find the standard deviation using the formula fcr the grouped data :

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Ms-8 june 2009

MS-8   june, 2009

MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS

1. An analysis of the hourly wages paid to workers in two firms A and B belonging to the same industry gives the following results :

Firm A

Firm B

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Ms-8 june 2010

MS-8   june, 2010

MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS

1. A car is purchased for Rs. 300,000. If the depreciation for the first three years is at 10% per annum and for the next two years is at 20% per annum, then calculate the

depreciated value of the car at the end of five years.

2. Units A, B, C of a factory manufacture 25%, 35%, 40% respectively of the total cars.

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Ms-8 june 2011

MS-8   june, 2011

MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS

You are given the frequency distribution of 292       workers of a factory according to their average weekly income. Calculate quartile deviation and its coefficient from the following data :

 

Weekly Income

(Rs.)

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Ms-8 Dec 2007

MS-8   Dec, 2007

MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS

1. Distinguish between decision making under certainty and decision making under uncertainty. Mention certain methods for solving decision problems under uncertainty. Discuss how these methods can be applied to solve decision problems.

2. Use Cramer's rule for a 3 x 3 system of linear equations to solve the following system :

2x - y + 3z = -3

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Ms-8 Dec 2008

MS-8   Dec, 2008

MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS

l. Explain Hypothesis testing. What are the steps involved in hypothesis testing ? Discuss the two types of .errors in testing of hypothesis

2. A telephone company in a town has 1000 subscribers on its list and collects a fixed charge of Rs. 400 per subscriber per year. The company proposes to increase the annual subscription and it is believed that for every increase of Re.1one subscriber will discontinue the service. Find what increase will bring maximum revenue to the company.

3. A husband and wife appear in an interview for two vacancies in the same post. The probability of husband's selection is 1/7 and that of wife's selection is l/5. What is the probability that

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Ms-8 Dec 2009

MS-8   Dec, 2009

MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS

1.The following data describes the age at which employees reach to the level of 'senior manager in a multinational company

Age in years

Below 34.5

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Ms-8 Dec 2010

MS-8   Dec, 2010

MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS

 

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Ms-8 Dec 2011

MS-8   Dec, 2011

MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS

1. What do you understand by a continuous frequency distribution ? Explain various terms that are frequently used in a frequency distribution. Also highlight the difference in inclusive and exclusive methods of classes.

2. Consider the following matrix of transition

probabilities of a product available in the market

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