Quantitative Analysis

  1. i) What is “Two-person zero sum game”?
  2. ii) What are the advantages and limitations of game theory?

iii)    Consider the game whose pay-off matrix is given below.

Find its solution

  Player B
Player A   I II III
I -4 -6 3
II 4 3 6
III 2 -3 4
  1. Explain the difference between a transportation and an assignment problem.
  2. Explain the promal-dual relationship.
  3. Operations Research is more than Mathematics.

Briefly explain.

Explain monte-carlo simulation technique.

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