MBA-102 Quantitative Techniques

JAIPUR NATIONAL UNIVERSITY, JAIPUR

School of Distance Education & Learning

Internal Assignment No. 1

Master of Business Administration / PGDM

Paper Code: MBA– 102

Paper Title: Quantitative Techniques

Note : Question No. 1 is of short answer type and is compulsory for all the students. It carries 1 Mark each.

1. 1. Answer all the questions:

(i) What is the difference between qualitative and quantitative techniques?

(ii) Differentiate X3+ 3X2+X.

(iii) What is a Null matrix?

(iv) Give one example of Diagonal matrix.

(v) What is Maxi-Max Criterion?

(vi) What are mutually exclusive and mutually exhaustive event.

(vii) What is the concept of EMV and EVPI?

(viii) Define seasonal analysis with an example

(ix) Four coins are tossed, find the probability of getting at least 2 Tails.

(x) Give the meaning of irregular fluctuations and give one example of such fluctuations.

Note: Answer any four questions. Each question carries 5 marks.

2. 2. Compute the inverse of the following matrix.

[■(1&-3&5@10&4&7@0&6&-8)]

3. 3. Explain the role of LPP in business decision making with suitable examples..
4. 4. Find the correlation coefficient between X and Y

5. 5. A newspaper boy buys magazines for Rs.13 each and sells them for Rs.18 each. He cannot return the unsold magazine. The past record of sales is as follows:.

1. i) Prepare the opportunity loss table
2. ii) Select the optimal act using expected opportunity loss criterion.

iii) Find EVPI

6. 6.Find the regression equations between Sales and profit.