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Code No: NR220401

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II B.Tech II Semester Supplementary Examinations, November/December 2005 MANAGEMENT SCIENCE ( Common to Electronics & Communication Engineering and Electronics & Telematics) Time: 3 hours Max Marks: 80 Answer any FIVE Questions All Questions carry equal marks ????? 1. What is an organization? What are the principles of a sound organization? Distinguish the change between the traditional and modern organizations. [4+4+6]

3. What do you understand by (a) Inspection by variables (b) Inspection by attributes.

or ld

2. What types of environment are to be considered in strategy formulation? How will you diagnose the results of environmental analysis? [8+8]

[8+8]

4. Compare and contrast Job evaluation Vs. Merit rating.

5. Given the following information concerning a business unit: Unit price (Rs) 20 50 100 10

uW

item A B C D

[8+8] [16]

annual usage 200 units 72 400 1000

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Acquisition cost per order = Rs20 Inventory carrying cost = 20% Calculate EOQ for all the four items individually. 6. Differentiate between:

(a) Job order production and batch production system.

(b) Mass production and flow production.

[4+4+4+4]

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7. Define“Critical path”, “slack time”and “Dummy Activity”with reference to PERT and CPM. How uncertainity can be incorporated in PERT models ? [4+4+4+4] 8. What do you understand by optimum cost and optimum duration? Draw a typical cost duration curve and show on it optimum cost and optimum duration.[4+4+8] ?????

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NR220401 II B.Tech II Semester Supplementary Examinations ...

(a) Job order production and batch production system. (b) Mass production and flow production. [4+4+4+4] · 7. Define“Critical path”, “slack time”and “Dummy ...

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