ASSIGNMENT: Tables and Caselets (Advanced)

Direction: Answer the following questions based on the information given below.

Question: In a period from January to March, Jamshedpur Electronics sold 3150 units of Television, having
started with a beginning inventory of 2520 units and ending with an inventory of 2880. What was the value
of order placed (Rupees in thousands) by Jamshedpur Electronics during the three months period? [Profits
are 25% of cost price, uniformly.]
(1) 2808 (2) 26325 (3) 22320 (4) 25200 (5) 28080

Question: What was the total value of surcharge paid – at the rate of 14% of sales value - by Jamshedpur
Electronics, over the period of 3 months?
(1) 18522 (2) 18548 (3) 18425 (4) 18485 (5) CBD

Question: 10% of sales price of IPods and 20% of sales price of Television contribute to the profits of
Jamshedpur Electronics. How much profit did the company earn in the month of January from Bistupur and
Kadma from the two products?
(1) 513 (2) 4410 (3) 3645 (4) 5230 (5) 5350

Question: In the period from January to March, consider that Jamshedpur Electronics ordered 7560 units
of Ipods for all three areas put together. What was unit sales price of IPod during the period? The ending
inventory was 6120 units and the beginning inventory stood at 5760.
(1) 14.00 (2) 14.65 (3) 14.80 (4) 13.00 (5) 13.60
Direction. Answer questions based on the following information:
An automobiles company’s annual sales of its small cars depends on the state of the economy as well as
on whether the company uses some high profile individual as its brand ambassador in advertisements of
its product. The state of the economy is “good”, “okay” and “bad” with probabilities 0.3, 0.4 and 0.3
respectively. The company may choose a high profile individual as its brand ambassador in TV ads or
may go for the TV ads without a high profile brand ambassador. If the company fixes price at Rs. 3.5
lakh, the annual sales of its small cars for different states of the economy and for different kinds of TV
ads are summarized in table 1. The figures in the first row are annual sales of the small cars when the
company uses a high profile individual as its brand ambassador in its TV ads and the ones in the second
row are that when the company does not use any brand ambassador in TV ads, for different states of the
economy.

Direction. Without knowing what exactly will be the state of the company in the coming one year, the
company will either have to sign a TV ad contract with some high profile individual, who will be the
company’s brand ambassador for its small car for the next one year, or go for a TV ad without featuring
any high profile individual. It incurs a cost of Rs. 3.45 lakh (excluding the payment to the brand
ambassador) to put a car on the road.
When the company’s profit is uncertain, the company makes decisions on basis of its expected profit. If
the company can earn a profit xi with probability pi (the probability depends on the state of economy),
then the expected profit of the company is ∑𝑖 𝑥𝑖𝑝𝑖 .

Question: The maximum that the company can afford to pay its brand ambassador is
(1) Rs. 10.0 crore (2) Rs. 10.6 crore (3) Rs. 10.8 crore (4) Rs. 12.0 crore (5)
Rs. 16.4 crore

Question: Mr. Khan a popular film actor, agrees to sign the contract to become the company’s brand
ambassador for Rs. 9 crore. The cost to the company of putting a car on the road also got escalated. The
maximum escalation in cost of putting a car on the road, for which the company can afford to sign the
contract with Mr. Khan is
(1) Rs. 900 (2) Rs. 967 (3) Rs. 1250 (4) Rs. 1267 (5) Rs. 1333
Question: Mr. Khan a popular film actor, agrees to sign the contract to become the company’s brand
ambassador for Rs. 9 crore. The cost to the company of putting a car on the road also got escalated by Rs.
1000. If the company signs the contract with Mr. Khan, its profit will
(1) increase by Rs. 40 lakh (2) increase by Rs. 60 lakh (3) decrease by Rs. 20 lakh
(4) decrease by Rs. 40 lakh (5) decrease by Rs. 50 lakh

Direction: Alex Company has its office at the third floor of a multi-storied building in Mumbai. There are
5 rooms to be allotted to 5 managers (designated M1 to M5), each of whom will occupy one room. Each
room has its own advantages and disadvantages. Some have the sea view, while others are closer to
either the life or the dining room, while some are more spacious. Each of the five managers was asked to
rank the room preferences amongst the rooms 301, 302, 303, 304 and 305. Their preferences were
recorded as follows:

Some managers did not indicate any preference for some rooms, as they did want to be there under any
condition. The company decided to allot rooms to managers in such a way that the managers get rooms
as per their best preference or close to that.

Question: How many managers would get their rooms as per their best preference?

1 (2) 2 (3) 3 (4) 4 (5) 5

Question: If manager X gets his/her 1st choice, then his/her preference ranking is 1 and so on.
Management decided to allot rooms so that the sum of the preference ranking of all the managers is
minimized. What is the total preference ranking for the rooms allotted to all the managers?
(1) 5 (2) 6 (3) 7 (4) 8 (5) 9

Question: Suppose that Manager M2 decides not to join the new zonal office and Manager M6 takes his
place. Manager M6 has the following preference ranking in decreasing order: 301, 302, 303, 304 – in this
case what would be the sum of the preference ranking allotted to all five managers?

(1) 5 (2) 6 (3) 7 (4) 8 (5) 9

Direction: Arun has to go to the country of Ten to work on a series of task for which he must get a permit
from the Government of Ten. Once the permit is issued, Arun can enter the country within ten days of
the date of Issuance of the permit. Once Arun enters Ten, he can stay for a maximum of ten days. Each
of the tasks has a priority, and takes a certain number of days to complete. Arun cannot work on more
than one task at a time. The following table gives the details of the priority and the number of days
required for each task.

Question: Arun’s first priority is to complete as many tasks as possible, and then try to complete the higher
priority tasks. His last priority is to go back as soon as possible. The tasks that Arun should try to complete
are:
(1) T1 and T2 (2) T1, T2 and T5 (3) T1, T4 and T5 (4) T1, T2 and T4 (5) T1, T3 and
T4
Direction: However, Arun’s manager has told him to do some background research on the tasks before
leaving for Ten. At the same time, there is no guarantee that Government of Ten will give the permit to
Arun. Background research involves substantial costs, and therefore Arun has decided that he will not
start his background research without getting the permit. The following table gives the details of the
priority, the number of days required for each task and the number of days required for background
research on each task.
Question: Arun’s first priority is to complete as many tasks as possible, and then try to complete the higher
priority tasks. His last priority is to go back as soon as possible within ten days.

(1) T1, T2 and T3 (2) T1, T2 and T5 (3) T1, T2 and T4 (4) T1, T3 and T4 (5) T1, T4
and T5

Direction: Ms. Banerjee, class teacher for 12th standard, wants to send teams (based on past
performance) of three students each to district, state, national, and international competition in
mathematics. Till now, every student of the class has appeared in 100 school level tests. The students
had following distribution of marks in the tests, in terms of “average” and “number of times a student
scored cent per cent marks”.
Direction: Ms. Banerjee has carefully studied chances of her school winning each of the competitions.
Based on in-depth calculations, she realized that her school is quite likely to win district level
competition but has low chances of winning the international competition. She listed down the
following probabilities of wins for different competitions. Prize was highest for international
competition and lowest for district level competition (in that order).

All the students are studying in the school for last twelve years. She wanted to select the best team for
all four competitions (Ms. Banerjee had no other information to select students).
Question: Which of three members should form the team for the International competition?

(1) 4, 11, 14 (2) 2, 8, 14 (3) 1, 6, 12 (4) 13, 14, 15 (5) 1, 3, 4

Question: Which of the following members should constitute the team for the district level competition?

(1) 4, 11, 14 (2) 1, 4, 11 (3) 4, 5, 6 (4) 4, 11, 13 (5) Any team can win the competition

Question: Ms. Banerjee has to select the team for national competition after she has selected the team for
international competition. A student selected for international competition cannot be a part of national
competition. Which is the best team for the national competition?
(1) 1, 7, 4 (2) 8, 9, 10 (3) 2, 8, 14 (4) 3, 6, 1 (5) Any of remaining students, as it
would not matter