STPM 950/3

SMK SEAFIELD, SUBANG JAYA, SELANGOR

Section A [45 marks]
Answer all questions in this section.

1. Mr. Lim plans to accumulate RM100 000 in 40 years. He deposits RM x at the end of
each year from the first year to the 10
th
year, makes no deposits from the 11
th
year to the
20
th
year and deposits RM300 from the 21
st
year to the 40
th
year. Given the interest rate
is 8% compounded annually.
(a) Calculate the balance, in terms of x,
(i) after 10 years, [1 mark]
(ii) after 20 years, [1 mark]
(iii) after 40 years. [2 marks]
(b) Hence, determine the value of x. [2 marks]

2. The demand equation for a product is
2
90
=
p
q ,
and the supply equation is 1 = p q , where q is number of units and p is price, RM per unit.
(a) Find the equilibrium price and the equilibrium quantity. [5 marks]
(b) Sketch the demand curve and the supply curve on the same diagram, showing
clearly the equilibrium point. [3 marks]

3. The initial tableau for a linear programming problem is as follows.
Basic
1
x
2
x
3
x
4
x Z Solution
3
x
6 8
1 0 0 120
4
x
15 5
0 1 0 200
Z 3 4 0 0 1 0

(a) State the initial basic feasible solution. [1 mark]
(b) Determine the optimal solution to the problem. [4 marks]



STPM 950/3 2
4. The following table shows the activities, their preceding activities and durations (in
days) for a project.
Activity Preceding activities Duration (days)
A

5
B A 8
C A 3
D B 3
E B 10
F C, E 6
G D, E 4
H F, G 9

(a) Draw an AOA network for the project. [3 marks]
(b) List all possible paths of the project and their corresponding total durations.
Hence, determine the critical path and the minimum time required to complete the project.
[4 marks]

5. The demand for a product is 600 units per week. The setup cost for placing an order to
replenish inventory is RM25. The unit cost of each item is RM3, and the inventory holding
cost is RM0.05 per item per week. Assuming shortages are not allowed.
(a) Determine the economic order quantity. [2 marks]
(b) Determine the number of orders to be placed per year. [2 marks]
(c) Calculate the total weekly cost. [4 marks]

6. Two players, A and B, play a two-person zero-sum game with pay-off matrix (to A) as
follow.

|
|
.
|

\
|

6 1 4
1 5 3

(a) If A plays row 1 with probability 50% of the time, and B plays the minimax pure
strategy all the time, determine the value of the game. [3 marks]
(b) Using graphical method,
(i) determine the optimal mixed strategy for A, [6 marks]
(ii) determine the value of the game. [2 marks]





STPM 950/3

3
Section B [15 marks]
Answer any one question in this section.

7. Given that the demand equation for a product is q p 2 400 = and the cost function is
400 4 2 . 0
2
+ + = q q c , where q is number of units, p is the price, in RM per unit and c is the
total cost, in RM.
(a) Determine the profit function. [3 marks]
(b) Determine the level of output at which profit is maximized. [3 marks]
(c) Determine the price at which maximum profit occurs. [2 marks]
(d) Determine the maximum profit. [2 marks]
(e) If the government imposes a tax of RM22 per unit on the product, determine the
new price for profit maximization. [5 marks]

8. The following table shows the information related to a project.
Activity Preceding activities Duration (days) Resource (men/day)
A

7 3
B

5 5
C A 4 2
D B 7 4
E C, D 4 3
F B 6 3
G D, F 5 5
H E 2 3
I G 4 3
J F 3 2

(a) Draw an activity network for the project showing the earliest start time and the
latest start time for each activity. [7 marks]
(b) State the critical activities and the minimum time to complete the project.
[2 marks]
(c) If the company has a limited resource of 8 men per day, draw a Gantt chart and a
resource histogram to show the schedule start and finish times and resource allocation for all
the activities so that the daily resource usage does not exceed the resource limits. State the
minimum project completion time. [6 marks]