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12th Standard English Medium Business Maths Subject Operations Research Creative 2 Mark Questions with Solution Part - I

12th Standard

    Reg.No. :
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Business Maths

Time : 00:30:00 Hrs
Total Marks : 10
    5 x 2 = 10
  1. Obtain the initial solution for the following problem using north-west corner rule.

  2. Determine an initial basic feasible solution to the following transportation problem using feast cost method.

  3. Consider the following pay-off (profit) matrix action, states

    Action States
    B1 B2
    A1 8 6
    A2 9 2
    A3 6 4

    Determine the best action using maximin principle.

  4. For the given pay-off matrix, find the optimal decision under the minimax principle.

  5. The following is the pay-off matrix (in rupees) for three strategies and three states of nature. Select a strategy using maximin principle.

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