MS07 : INFORMATION MANAGEMENT AND COMPUTERS

DEC 2003

Note:

(i) Answer any three questions from Section A.

(ii) Section B is compulsory.

 

 

 

SECTION A

 

1(a) What do you mean by a spreadsheet? How does it help in managerial decision making? Give examples.                    [15]

(b) “Personal computers have revolutionised managerial activities.” Explain.                                                                   [10]

 

2(a) Discuss application of computers in stores of an organisation.                                                                                 [10]

(b) How does operations research help in various functions of management? Give examples.                                           [15]

 

3(a) Discuss the importance of Management Information System in modern organisations. How do you calculate cost of information?                                                                                                                                                                [15]

(b) What do you mean by decision tables and decision trees? How do they help us?                                                        [10]

 

4(a) Use graphical method to solve the following problem:                                                                                             [15]

Maximise    4x1 + 10x2

subject to

          2x1 - 6x2  < 0

          -x1 + 2x2  > -2

          -3x1 - 3x2 > -24

                      x1 > 2

                      x2 > 0

(b) Using Simplex method solve the following problem:                                                                                                  [10]

       Maximise z = 80x1 + 60x2 + 30x3

       subject to

       10x1 + 4x2 + 5x3 < 2,000

       2x1 + 5x2 + 4x3 < 1,009

       x1, x2, x3 > 0

 

5 A manufacturer must produce a product in sufficient quantity to meet contractual sales in the next four months. The production capacity and unit cost of production vary from month to month. The product produced in one month may be held for sale in later months, but at an estimated storage cost of Re. 1 per unit per month. No storage cost is incurred for goods sold in the same month in which they are produced. There is no opening inventory and none is desired at the end of four months. The necessary details are given in the following table:                                                                                       [25]

 

                                 

 

The management wishes to know how much to produce each month in order to minimise total cost.

Formulate and solve the problem as a transportation problem.

 

SECTION B

 

6 M/s ABC Ltd. has hired the services of your organisation for computerization of their

(i) Pay-roll Accounting

(ii) Personnel Information System

You are required to prepare a project report giving various information requirements, sources of such information, software requirement, hardware requirement, cost associated and benefit that will accrue. This report will be placed before top management for final approval.                                                                                                                                              [25]

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