1) Write down the different phases in the study of operations research?
2) What is the difference between transportation model and assignment model?
3) Write down the two kinds of replacements? Demonstrate with suitable example.
4) Describe critical path of a project network. Write down its importance.
5) What do you understand by buffer stock?
6) What are the costs involved in inventory?
7) Write down the fundamental characteristics of queuing system.
8) Describe the following terms:
(a) Strategy
(b) Payoff matrix.
9) Write down the advantages and limitation of simulation.
10) Write down the name of the methods of random number generation.