NEPAL WESTERN ACADEMY Santoshi Tole, Dhangadhi-2, Kailali First Terminal Examination-2021 A.D. BBA-BI, 4th semester STT 201: Data Analysis and Modeling FM: 50 PM: 23 Time: 1hr. 30 min. Attempt all the questions: Group A: Very short answer questions (5x2=10) 1. The price index number of a certain commodity for the year 2020 with respect to year 2019 is 145. What is the meaning of 145? 2. Find the active and inactive constraints of the following LP: Max Z = 9x + 7y s.t.c 2x+y ≤ 40 x+3y ≤ 30 x ≥ 0, y ≥ 0 Where OS = (18, 4), OV = 190 3. A manufacturing company has actual sales for the last month as Rs. 18,000 and forecasted sales for the same month was Rs. 20,000. Using α = 0.30, what will be the forecasted sales for this month? 4. Draw a network diagram for the following project. Activity A B C D E F Predecessor None A A B C B,E 5. What are the steps involved in MODI method? Group B: Descriptive answer questions (4x10=40) 6. The Megabuck Hospital Corp. is to build a state-subsidized nursing home catering to homeless patients as well as high-income patients. State regulations require that every subsidized nursing home must house a minimum of 1000 homeless patients and no more than 750 high-income patients in order to qualify for state subsidies. The overall capacity of the hospital is to be 2100 patients. The board of directors, under pressure from a neighborhood group, insists that the number of homeless patients should not exceed twice the number of high-income patients. Due to the state subsidy, the hospital will make an average profit of $10,000 per month for every homeless patient it houses, whereas the profit per high income patient is estimated at $8000 per month. How many of each type of patient should it house in order to maximize profit? 7. Find the optimal transportation schedule to minimize the cost from the following information. Plant Store Capacities S1 S2 S3 S4 S5 P1 7 10 5 4 12 45 P2 3 2 0 9 1 70 P3 8 13 11 6 14 125 Order Size 10 20 30 80 100 240 8. The time estimates (in weeks) for the following activities are given as below. Activity 1-2 1-3 1-4 2-5 3-5 4-6 5-6 To 1 1 2 1 2 2 3 Tm 3 3 2 2 5 5 6 Tp 9 7 10 3 12 10 12 (a) Draw a network diagram and calculate the slack time for each activity. (b) Determine the critical path and the project variance. (c) What is the probability that the project will be completed within the scheduled time if the scheduled time is 20 weeks? 9. Suppose a television sales by a small appliances chain for the year 2001-2005 were as follows: Year 2001 2002 2003 2004 2005 Sales 230 250 280 300 320 a) Develop a linear equation that best describes these data. Also estimate the number of TV sales for 2006. b) Interpret the slope of the trend line. What would be the increment of TV sales per month? c) Calculate the percent of trend and relative cyclical residual. In which year does the largest fluctuation from trend occur? Is it same for both the methods? d) Compute the MSE and MAD. -Good Luck-