Tribhuvan University
Faculty of Management
Office of the Dean
Official Model Question Paper / Dean's Office Blueprint
Candidates are required to give their answers in their own words as far as practicable. The figures in the margin indicate full marks.
Group A
Brief Answer Questions. Attempt ALL questions.
[5 × 2 = 10]- [2]
If
and , find the symmetric difference . View model solution
Answer: The symmetric difference is defined as:
$
- [2]
Evaluate the limit:
. View model solution
Answer: Direct substitution yields the indeterminate form
. Factoring the numerator: - [2]
Find
if . View model solution
Answer: Using the chain rule:
- [2]
Find the determinant of the matrix:
View model solution
Answer:
- [2]
Evaluate the indefinite integral:
. View model solution
Answer:
whereis the arbitrary constant of integration.
Group B
Descriptive Answer Questions. Attempt any THREE questions.
[3 × 10 = 30]- [10]
Solve the following system of linear equations using Cramer’s Rule:
View model solution
Solution: Cramer’s Rule
1. Coefficient Matrix Determinant (
) Expanding along the first row:
Since, a unique solution exists.
2. Determinant
(Replacing Column 1 with Constants):
3. Determinant
(Replacing Column 2 with Constants):
4. Determinant
(Replacing Column 3 with Constants):
5. Calculate Values:
Verification:
(Satisfied). The solution is: . - [10]
A manufacturing firm’s total revenue and total cost functions are given by:
Required: a) Formulate the profit function
. b) Find the output level that maximizes profit. c) Verify whether the profit is maximized at this output using the second-order derivative test. d) Compute the maximum profit. View model solution
Solution: Profit Maximization Analysis
a) Profit Function
$
b) First-Order Condition for Profit Maximization
Set the first derivative with respect to
equal to zero: Using the quadratic formula:
$
c) Second-Order Derivative Verification
- At
: - At
:
Hence, profit is maximized at
units (or 37 units).
d) Maximum Profit Computation
Substitute
into : - At
- [10]
Solve the following Linear Programming Problem (LPP) graphically:
View model solution
Solution: Graphical Method for Linear Programming
1. Convert Inequalities to Boundary Lines
- Line 1:
- If
- If
- If
- Line 2:
- If
- If
- If
- Line 3:
- If
- If
- If
- Non-negativity:
restricts the feasible region to the first quadrant.
2. Identify Feasible Corner Points
The feasible region is the polygon bounded by:
- Point
: - Point
: (from Line 3 with -axis) - Point
: Intersection of Line 2 ( ) and Line 3 ( ): - Point
: Intersection of Line 1 ( ) and Line 2 ( ): Check feasibility of Pointon Line 3: (Infeasible!). Thus, Point connects directly to: - Point
: Intersection of Line 1 ( ) and Line 3 ( ): From Line 1: . Substitute: . Let’s re-verify intersection of Line 1 ( ) and Line 2 ( ): . Wait, at : - Line 1:
(Point is outside Line 1!). Let’s find the true corner points:
(on Line 3) - Intersection of Line 3 (
) and Line 2 ( ): violates Line 1 ( ). Intersection of Line 1 ( ) and Line 3 ( ): Multiply Line 1 by 2: . Subtract Line 3: . Check Line 2: (Feasible!). - Point
(on Line 1).
- Line 1:
3. Evaluate Objective Function
at Corner Points: Corner Point Coordinates Conclusion: The maximum value of
is , occurring at and . - Line 1:
- [10]
Define Consumers’ Surplus and Producers’ Surplus. If the demand and supply functions under perfect competition are:
Required: a) Find the equilibrium price (
) and equilibrium quantity ( ). b) Calculate the Consumers’ Surplus (CS) at equilibrium. c) Calculate the Producers’ Surplus (PS) at equilibrium. View model solution
Solution: Consumers’ and Producers’ Surplus
a) Market Equilibrium
Set demand price equal to supply price (
): Since quantity cannot be negative,units. Substitute
into the supply function to find :
b) Consumers’ Surplus (CS)
c) Producers’ Surplus (PS)
Summary:
- Equilibrium:
- Consumers’ Surplus = Rs. 341.33
- Producers’ Surplus = Rs. 64.00
- Equilibrium:
Group C
Comprehensive Answer / Case Analysis Question. Attempt ALL questions.
[1 × 20 = 20]- [20]
Mathematical Case Study: Multi-Product Production Optimization and Matrix Modeling
A garment manufacturing enterprise in Biratnagar produces three lines of garments: Casual Shirts (
), Formal Trousers ( ), and Winter Jackets ( ). Production requires processing across three specialized departments: Cutting, Sewing, and Finishing. The departmental input coefficients (in labor hours per unit) and total available departmental machine hours per month are shown below:
Department Casual Shirts ( ) Formal Trousers ( ) Winter Jackets ( ) Total Monthly Capacity (Hours) Cutting 1 2 3 1,800 Sewing 2 4 2 2,800 Finishing 1 1 2 1,200 The unit profit contribution is Rs. 300 for a shirt, Rs. 500 for trousers, and Rs. 800 for a jacket.
Required: a) Express the production system as a matrix equation
. Compute the determinant of the technology matrix and prove that the matrix is non-singular. (6 Marks) b) Find the inverse matrix using the Adjoint method. (7 Marks) c) Determine the exact number of shirts, trousers, and jackets the company must produce per month to utilize 100% of available departmental labor hours, and calculate the resulting total monthly gross profit. (7 Marks) View model solution
Comprehensive Mathematical Case Solution
a) Matrix Formulation and Non-Singularity Proof
Let
. Compute
expanding along the first row: Since, matrix is non-singular and its inverse exists.
b) Finding
via Adjoint Method The cofactors
of matrix : Cofactor matrix
. Adjoint matrix
: Inverse Matrix
:
c) Optimal Output Vector
and Gross Profit -
Calculate
(Shirts): -
Calculate
(Trousers): -
Calculate
(Jackets):
Verification:
- Cutting:
hours. - Sewing:
hours. - Finishing:
hours. (All capacity exactly consumed!)
Total Monthly Gross Profit: