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Choose the correct alternative:
Which of the following Index number satisfy the time reversal test?
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Choose the correct alternative:
While computing a weighted index, the current period quantities are used in the:
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Calculate the Laspeyre’s, Paasche’s and Fisher’s price index number for the following data. Interpret on the data.
| Commodities | Base Year | Current Year | ||
| Price | Quantity | Price | Quantity | |
| A | 170 | 562 | 72 | 632 |
| B | 192 | 535 | 70 | 756 |
| C | 195 | 639 | 95 | 926 |
| D | 1987 | 128 | 92 | 255 |
| E | 1985 | 542 | 92 | 632 |
| F | 150 | 217 | 180 | 314 |
| 7 | 12.6 | 12.7 | 12.5 | 12.8 |
| 8 | 12.4 | 12.3 | 12.6 | 12.5 |
| 9 | 12.6 | 12.5 | 12.3 | 12.6 |
| 10 | 12.1 | 12.7 | 12.5 | 12.8 |
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Using the following data, construct Fisher’s Ideal Index Number and Show that it satisfies Factor Reversal Test and Time Reversal Test?
| Commodities | Price | Quantity | ||
| Base Year | Current Year | Base Year | Current Year | |
| Wheat | 6 | 10 | 50 | 56 |
| Ghee | 2 | 2 | 100 | 120 |
| Firewood | 4 | 6 | 60 | 60 |
| Sugar | 10 | 12 | 30 | 24 |
| Cloth | 8 | 12 | 40 | 36 |
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Compute the consumer price index for 2015 on the basis of 2014 from the following data.
| Commodities | Quantities | Prices in 2015 | Prices in 2016 |
| A | 6 | 5.75 | 6.00 |
| B | 6 | 5.00 | 8.00 |
| C | 1 | 6.00 | 9.00 |
| D | 6 | 8.00 | 10.00 |
| E | 4 | 2.00 | 1.50 |
| F | 1 | 20.00 | 15.00 |
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An Enquiry was made into the budgets of the middle class families in a city gave the following information.
| Expenditure | Food | Rent | Clothing | Fuel | Rice |
| Price(2010) | 150 | 50 | 100 | 20 | 60 |
| Price(2011) | 174 | 60 | 125 | 25 | 90 |
| Weights | 35 | 15 | 20 | 10 | 20 |
What changes in the cost of living have taken place in the middle class families of a city?
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What is the Assignment problem?
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Give mathematical form of Assignment problem
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What is the difference between Assignment Problem and Transportation Problem?
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Three jobs A, B and C one to be assigned to three machines U, V and W. The processing cost for each job machine combination is shown in the matrix given below. Determine the allocation that minimizes the overall processing cost.
| Machine | ||||
| U | V | W | ||
| Jobs | A | 17 | 25 | 31 |
| B | 10 | 25 | 16 | |
| C | 12 | 14 | 11 | |
(cost is in ₹ per unit)
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A computer centre has got three expert programmers. The centre needs three application programmes to be developed. The head of the computer centre, after studying carefully the programmes to be developed, estimates the computer time in minitues required by the experts to the application programme as follows.
| Programmers | ||||
| P | Q | R | ||
| Programmers | 1 | 120 | 100 | 80 |
| 2 | 80 | 90 | 110 | |
| 3 | 110 | 140 | 120 | |
Assign the programmers to the programme in such a way that the total computer time is least.
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A departmental head has four subordinates and four tasks to be performed. The subordinates differ in efficiency and the tasks differ in their intrinsic difficulty. His estimates of the time each man would take to perform each task is given below:
| Tasks | |||||
| 1 | 2 | 3 | 4 | ||
| Subordinates | P | 8 | 26 | 17 | 11 |
| Q | 13 | 28 | 4 | 26 | |
| R | 38 | 19 | 18 | 15 | |
| S | 9 | 26 | 24 | 10 | |
How should the tasks be allocated to subordinates so as to minimize the total manhours?
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Find the optimal solution for the assignment problem with the following cost matrix.
| Area | |||||
| 1 | 2 | 3 | 4 | ||
| P | 11 | 17 | 8 | 16 | |
| Salesman | Q | 9 | 7 | 12 | 6 |
| R | 13 | 16 | 15 | 12 | |
| S | 14 | 10 | 12 | 11 | |
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Assign four trucks 1, 2, 3 and 4 to vacant spaces A, B, C, D, E and F so that distance travelled is minimized. The matrix below shows the distance.
| 1 | 2 | 3 | 4 | |
| A | 4 | 7 | 3 | 7 |
| B | 8 | 2 | 5 | 5 |
| C | 4 | 9 | 6 | 9 |
| D | 7 | 5 | 4 | 8 |
| E | 6 | 3 | 5 | 4 |
| F | 6 | 8 | 7 | 3 |
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Choose the correct alternative:
Number of basic allocation in any row or column in an assignment problem can be
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Choose the correct alternative:
North – West Corner refers to ______
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Choose the correct alternative:
If number of sources is not equal to number of destinations, the assignment problem is called ______
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Choose the correct alternative:
The purpose of a dummy row or column in an assignment problem is to
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Choose the correct alternative:
The solution for an assignment problem is optimal if
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Choose the correct alternative:
In an assignment problem involving four workers and three jobs, total number of assignments possible are
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