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. Figures in the margin indicate full marks.
Group A
Brief Answer Questions. Attempt ALL questions. (5 × 2 = 10)
[5*2=10]- [2]
If
and , compute . View model solution
Solution for
$ - [2]
Evaluate the limit:
. View model solution
Evaluation of Limit
Direct substitution yields the indeterminate form
. Factoring the numerator: - [2]
Find the derivative of
with respect to . View model solution
Derivative of
Using the power rule of differentiation
: - [2]
Define a singular matrix and state the condition for a square matrix
to be singular. View model solution
Singular Matrix
A square matrix
is defined as singular if its determinant is exactly equal to zero, i.e., . A singular matrix has no multiplicative inverse (
does not exist) because matrix inversion requires division by the determinant: . - [2]
Find the compound amount on Rs 50,000 invested for 3 years at 10% per annum compounded semi-annually.
View model solution
Compound Amount Calculation
Given:
- Principal (
) = Rs 50,000 - Nominal rate (
) = 10% = 0.10 - Compounding frequency (
) = 2 (semi-annually) - Time (
) = 3 years, so total periods - Periodic rate
$
- Principal (
Group B
Short Answer Questions. Attempt any THREE questions. (3 × 10 = 30)
[3*10=30]- [10]
Solve the following system of linear equations using Cramer’s Rule:
View model solution
Solution Using Cramer’s Rule
Coefficient matrix determinant (
): Expanding along row 1:
Since
, a unique solution exists. Determinant
(replacing column 1 with constant terms ): Let’s check
: Let’s check
: By Cramer’s Rule:
Verification:
- Eq 1:
. Let’s solve directly: from Eq 1 + 3*(Eq 2): . From Eq 2 + Eq 3: . - Solving
and : Multiply first by 4: ; second by 5: . Subtracting: . Then . Then .
Thus, the exact solutions are:
- Eq 1:
- [10]
A manufacturing firm has total revenue function
and total cost function , where denotes output quantity in hundreds. a. Find the profit function . b. Determine the output level that maximizes profit. c. Calculate the maximum profit. View model solution
Profit Maximization Analysis
a. Profit Function
$ b. Output Level for Maximum Profit
First-order condition:
$ Since output cannot be negative,
. Second-order condition:
At: Since the second derivative is strictly negative, profit is maximized at
hundred units (800 units). c. Maximum Profit
- [10]
Evaluate the following integrals: a.
b. View model solution
Evaluation of Integrals
a. Indefinite Integral
Where
is the constant of integration. b. Definite Integral
Evaluating at upper limit (
): Evaluating at lower limit (
): - [10]
A person plans to accumulate Rs 1,000,000 in a retirement fund after 10 years by making equal deposits at the end of each year. If the fund earns interest at 8% per annum compounded annually: a. Calculate the annual deposit required (Sinking Fund Payment). b. How much total interest is earned over the 10-year investment horizon?
View model solution
Sinking Fund and Compound Interest Calculation
a. Annual Sinking Fund Deposit (
) Future Value of an Ordinary Annuity formula:
Given:
$
The investor must deposit Rs 69,029.49 at the end of each year.
b. Total Interest Earned
Group C
Comprehensive Answer / Case Analysis Question. (1 × 20 = 20)
[1*20=20]- [20]
A manufacturing company produces two products, Alpha (
) and Beta ( ). Each unit of Alpha requires 2 hours of machining and 4 hours of assembly. Each unit of Beta requires 3 hours of machining and 2 hours of assembly. The factory has a maximum of 60 hours of machine capacity and 80 hours of assembly capacity available per week. The profit contribution is Rs 50 per unit of Alpha and Rs 40 per unit of Beta. Questions: a. Formulate this problem as a Linear Programming Model (objective function and constraints). b. Graph the feasible region and identify all corner (extreme) points. c. Compute the profit at each corner point and determine the optimal production mix for maximum weekly profit. d. Calculate the slack or surplus for each resource constraint at the optimal solution.
View model solution
Comprehensive Linear Programming Optimization
a. Mathematical Formulation
Let:
= Number of units of Alpha produced weekly = Number of units of Beta produced weekly
Objective Function:
Subject to Constraints:
- Machining Constraint:
- Assembly Constraint:
- Non-Negativity:
b. Feasible Region and Corner Points
Plotting constraint boundary lines:
- Line 1 (Machining):
- When
, - When
,
- When
- Line 2 (Assembly):
- When
, - When
,
- When
Intersection of Line 1 and Line 2: From Line 2:
Substitute into Line 1: Intersection Point:The four corner points of the convex feasible region are:
c. Profit Evaluation at Corner Points
Corner Point Coordinates Profit (Rs) Status Minimum Feasible Optimal Maximum Feasible Optimal Solution: The company should produce 15 units of Alpha and 10 units of Beta per week to achieve the maximum profit of Rs 1,150.
d. Slack and Resource Utilization at Optimal Point
- Machining Hours Used:
- Assembly Hours Used:
Both resources are fully utilized at capacity.