PROGRAM - MBA SEMESTER II SUBJECT CODE & NAME MB 0049 - PROJECT MANAGEMENT

For getting solved assignments contact us at smudoc@gmail.com or contact on +91-9540358147

Service charges as Rs. 150 per assignment.

PROGRAM  - MBA

SEMESTER  II

SUBJECT CODE & NAME  MB 0049 - PROJECT MANAGEMENT

1.  Write short notes on

1. (a) Project break-even point

Break-even is a financial term to describe a business or project where the sales  revenue  is  equal  to  total  expenses.It  is  easy  to  calculate  it  if  the expenses  incurred  are  fixed,  i.e.  expenses  do  not  change  as  revenue changes. The expenses are divided into fixed and variable expenses. The presence of variable expenses makes  it  difficult to calculate the break-even point. This is because the variable

2.   Describe and compare the project appraisal methods NPV and IRR with example? Which one is better method in estimating returns on investment in a particular project?

Description and comparison of NPV and IRR

Net Present Value (NPV) method

This method is one of the discounted cash flow techniques and it recognises the time value of money.

Net present value

3. Microsoft Project AMS

The company AMS is a global business and IT consulting firm to the government, financial services, ……. CASE STUDY from Source: http://nucleusresearch.com/library/microsoft-roi/d134.pdf

What difficulties were encountered by AMS while dealing with information transfer problem in the company? What strategy is used by AMS for dealing with this problem?

Answer:

Listing of difficulties encountered

The difficulties encountered by AMS while dealing with information transfer problem in the company are as follows:

·         Several years ago, AMS developed an internal project management system called Project in  a  Box.  Based  on  Lotus  Notes,  the  homegrown  system  was  becoming  inefficient costly to operate, particularly because it was designed as a standalone, non-collaborative product.

For getting solved assignments contact us at smudoc@gmail.com or contact on +91-9540358147

Service charges as Rs. 150 per assignment.

4.  Form the above case how did the solution help the managers, project teams and the company.

The following conclusions can be concluded from the above case study :

·         Overall,  AMS’s  Microsoft  Project  implementation  went  smoothly. 

5. What are the key steps involved in purchase cycle?

Definition of purchase cycle

Purchase  cycle  is  a  standard  process  that  corporations  and  individuals progress  through  (in  order)  when  purchasing  a  product  or  service.  It  is  also known  as  the  'buying  cycle'  or  'purchase  process'.  This  cycle  discusses about  the  decision  points  that  the  buyer  or  the  purchasing  team 

6. Discuss the concept of quality and project quality management.

Definition of quality

Quality  begins  with  designing  a  product  as  per  customer specifications. Further, it covers the application of standard measuring  units,  the  suitable  raw  material,  selecting appropriate manufacturing process, etc. Quality is a relative term and it can better understood  by a comparison with the  utility of the product.

For getting solved assignments contact us at smudoc@gmail.com or contact on +91-9540358147

Service charges as Rs. 150 per assignment.

PROGRAM - MBA - SEMESTER II SUBJECT CODE & NAME - MB0048 - OPERATIONS RESEARCH

For getting solved assignments contact us at smudoc@gmail.com or contact on +91-9540358147

Service charges as Rs. 150 per assignment.

PROGRAM  - MBA - SEMESTER  II

SUBJECT CODE & NAME - MB0048 - OPERATIONS RESEARCH

1.  Discuss  the  various  stages  involved  in  the  methodology  of  Operations  Research.  Briefly explain the techniques and tools of Operations Research.

Operations Research Methodology

1. Definition: The first and the most important step in the OR approach of problem solving is to define the problem. One needs  to ensure that the problem is identified properly  because  this  problem  statement  will  indicate  the  following  three major aspects:

·         Description of the goal or the objective of the study

2.  a. Explain the steps involved in linear programming problem formulation.  Discuss in brief the advantages of linear programming.

The  procedure  for  mathematical  formulation  of  a  linear  programming problem consists of the following major steps:

Step: 1 : - Study the given situation to find the key decisions to be made

Step: 2 : - Indentify the variables involved and designate them by symbols X_j (j = 1,2)

For getting solved assignments contact us at smudoc@gmail.com or contact on +91-9540358147

Service charges as Rs. 150 per assignment.

2. b. Alpha Limited produces & sells two different products under the brand names black & white. The profit per unit on these products in Rs. 50 & Rs. 40 respectively. Both the products  employ the same manufacturing process which has a fixed total capacity of 50,000  man-hours.  As  per  the  estimates  of  the  marketing  research  department  of Alpha Limited, there is a market demand for maximum 8,000 units of Black & 10,000 units of white. Subject to the overall  demand, the products can be sold in any possible combination. If it takes 3 hours to produce one unit of black & 2 hours to produce one unit of white, formulate the model of linear programming.

Answer:

Let X₁ and X₂ be the quantity of two product x and y produced

So they can produce X₁ + X₂ <= 8000+10,000 due to restrictions of demand,

For getting solved assignments contact us at smudoc@gmail.com or contact on +91-9540358147

Service charges as Rs. 150 per assignment.

3.  a. What is degeneracy in transportation problem? How it can be resolved?

Degeneracy in transportation problem: A  basic  solution  to  an  m-origin,  n  destination  transportation  problem  can have at the most m+n-1 positive basic variables (non-zero), otherwise the basic  solution  degenerates.  It  follows  that  whenever  the  number  of  basic cells is less than m + n – 1, the transportation problem is a degenerate one.

3. b. Solve the following transportation problem using Vogel’s approximation method.

Factories	Distribution Centres				Supply
	C1	C2	C3	C4
F1	3	2	7	6	50
F2	7	5	2	3	60
F3	2	5	4	5	25
Requirements	60	40	20	15

Answer:

Factories	Distribution Centres				Supply		Row difference
	C1	C2	C3	C4			Round - 1		Round - 2		Round - 3		Round - 4
F1	3 (10)	2 (40)	7	6	50		1	3-2	3	6-3	x	X	x	x
F2	7 (25)	5	2 (20)	3 (15)	60		1	3-2	1	3-2	1	3-2	1	3-2

For getting solved assignments contact us at smudoc@gmail.com or contact on +91-9540358147

Service charges as Rs. 150 per assignment.

4.  a.  Explain the steps in Hungarian method.  Differentiate between Transportation and Assignment problem.

Hungarian  method  algorithm  is  based  on  the  concept  of  opportunity  cost and  is  more  efficient  in  solving  assignment  problems.  The  following  steps are adopted to solve an AP using the Hungarian method algorithm.

Step 1: Prepare row ruled matrix by selecting the minimum values for each row and subtract it from the other elements of the row.

4. b.  Find  the  optimal  assignment  of  four  jobs  and  four  machines  when  the  cost  of assignment is given by the following table:

	J1	J2	J3	J4
M1	10	9	8	7
M2	3	4	5	6
M3	2	1	1	2
M4	4	3	5	6

Answer:

The same as each row & column’s minimum value is zero.

Row Reduced Matrix:

	J1	J2	J3	J4
M1	3	2	1	[0]
M2	[0]	1	2	3

For getting solved assignments contact us at smudoc@gmail.com or contact on +91-9540358147

Service charges as Rs. 150 per assignment.

5.  Define Simulation.  Explain the  Simulation  procedure.  Discuss  the use of  Simulation with an example.

Meaning of Simulation: Simulation is also called experimentation in the  management  laboratory.  While  dealing  with  business  problems, simulation  is  often  referred  to  as  ‘Monte  Carlo  Analysis’.  Two  American mathematicians,  Von  Neumann  and  Ulan,  in  the  late  1940s,  found  a problem  in  the  field  of  nuclear  physics  too  complex  for  analytical  solution and  too  dangerous  for  actual 

6  Explain the following:

a. Integer programming model

b. PERT and CPM

c. Operating Characteristics of a Queuing System

a. Explanation of Integer programming model

The  IPP  is  a  special  case  of Linear  Programming  Problem  (LPP),  where  all  or  some  variables  are

constrained  to  assume  non-negative  integer  values.  In  LPP,  the  decision variables as well as slack or surplus variables were allowed to take any real or fractional value. However, there are certain real life

For getting solved assignments contact us at smudoc@gmail.com or contact on +91-9540358147

Service charges as Rs. 150 per assignment.

PROGRAM - MBA SEMESTER II SUBJECT CODE & NAME - MB0047- MANAGEMENT INFORMATION SYSTEM

For getting solved assignments contact us at smudoc@gmail.com or contact on +91-9540358147

Service charges as Rs. 150 per assignment.

PROGRAM  - MBA

SEMESTER  II

SUBJECT CODE & NAME - MB0047- MANAGEMENT INFORMATION SYSTEM

1.  Professor  A.  Van  Cauwenbergh  of  Antwerp  University,  in  a  paper  presented  at  the  Tenth Anniversary  Conference  of  the  European  Institute  for  Advanced  Studies  in  Management, presented four revisions to traditional Management Theory. In summary, the revisions are:

(1) The initiative for  the renewal and adjustment of the activities  of a firm should come from the  different  levels  in  the  management  hierarchy.  “Strategy  is  not  a  privilege  of  top management”.

(2)  Firms,  especially  big  firms,  are  incoherent  systems  (goals  of  the  different  component systems  are not simply subdivisions of an overall goal; there are individual, conflicting goals as well).

Some  of  these  differences  are  manifestations  of  organizational  initiative  and  vitality.  Using information  systems  and  central  planning  and  rule-making  to  suppress  all  differences  is destructive to organizations.

(3) The most vital “fluid” of an enterprise is the aggregate of its entrepreneurial values. The most  fundamental  and  motivation  and  control  come  through  these  shared  values  relative  to work, quality, efficiency, etc. Management often neglects these values and assumes that the collection and dissemination of information will provide sufficient motivation and control.

(4)  Enterprises  are  open  systems;  their  structure  and  operating  processes  are  determined  by their  environment.  This  means  organizations  must  be  designed  to  continually  adjust  to  the environment.

a. If these revisions are correct, how is planning to be organized?

b. How should the information system support the planning organization?

A. (a)

The  aspect  of  architecture,  the  hardware  specification,  the  details  of software  to  be  developed,  the  language,  the  nature  of  users  and  the numbers of users spread over different location, the network topology are vital inputs that go into the planning the development of an MIS.

The organizational planning process with diagram :

2.  Information Technology and Computers have brought information age. The spread of Internet & relative ease of access made Information Breach easier. Our future is not secure, if our information is not secure. Information Resources need to be guarded, protected and controlled. List the precautionary measures to be considered to prevent cybercrime?

The followings are the precautionary and preventive measures to be taken into consideration:

·         Use passwords to prevent unauthorised use of the business information systems. Also enforce the users to adopt a password which is of certain length, contains special characters, uppercase and lowercase letters by implementing a  security. Use  a firewall to prevent the employees from accessing risky sites and downloading certain types of files.

3  a.  While implementing MIS in any organization change can occur in number of ways. List and explain the steps in the process as suggested by Lewin’s model.

b.  Compare between prototype approach and Life Cycle approach

A  a.  Explaining the 3 steps of implementing the process suggested by Lewin’s model

The Lewin's model suggests three steps in this process.

1.  The  first  step  is  to  communicate  openly  within  the  organisation.  This makes    everyone in the organisation look forward to the    new system or the changes with a sense of pride

2.  The  second  step  is  to  outline  a  list  of  activities  specifying  when  they begin and reach the desired level of stability. 

For getting solved assignments contact us at smudoc@gmail.com or contact on +91-9540358147

Service charges as Rs. 150 per assignment.

4.   There is an information explosion in today’s society. There are lot of advantages of DBMS like proper maintenance of the data and maintaining security. Explain the process of data transition using diagram and an example of your own.

A process-data diagram is a diagram that describes processes and data that act as output of these processes. On the left side the meta-process model can be viewed and on the right side the meta concept model can be viewed.

A process-data diagram can be seen as combination of an business process model and data model.

5.  Write short note on

a.  World wide web

b.  Voice over IP

c.  Intranet

d.  Extranet

A  a.  World Wide Web

The World Wide Web  is a huge set of interlinked documents, images and other resources, linked by hyperlinks and URLs. These hyperlinks and URLs allow the  Web servers and other machines that store originals and cached copies  of  these  resources  to  deliver  them  as  required  using  Hypertext Transfer Protocol (HTTP). HTTP is only one of the communication

6.   Artificial intelligent system functions like a human being and helps a manager in taking quick decisions. Explain the different applications AI using diagram.

A  a.  Diagram  2

b.  Applications of cognitive science  2

c.  Applications of robotics  2

d.  Applications of natural interface  2

e.  Explaining each type with an example  2

Answer: -

Below figure depicts few applications of AI : -

Expert systems            Visual perception        Natural languages

Learning systems        Tactility                       Speech recognition

Fuzzy logic                   Dexterity                     Multi-sensory interfaces

Genetic algorithms     Locomotion                 Virtual reality

For getting solved assignments contact us at smudoc@gmail.com or contact on +91-9540358147

Service charges as Rs. 150 per assignment.