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Dual formulation is done for a number of reasons. The solution to a Dual problem provides all essential information about the solution to the Primal problem. A so
Rank Methods Spearman s When the variables under consideration are not capable of quantitative measurement but can be arranged in serial order( ranks) we find correla
The action phase consists of making recommendations for remedial action to those who first posed the problem and who control the operations directly. These recommendatio
Graphic Methods a. Scatter Diagram: Scatter diagram is a special type of dot chart. Under this methods the given data are plotted in a graph paper in the form of d
why does south africa regulate int''l trade
A Company produces 150 cars. But the production rate varies with the distribution. Production Rate Probability 147 0.05 148 0.10 149 0.15 150 0.20 151 0.30 152 0.15 153 0.05 At pre
Uncertainly : There is a great uncertainly about economic and general environment. With economic growth uncertainty is also growing's. this makes each decisions costlier
Goal Programming This provides a more realistic model. In a modern setting, profit maximization may not be the only objective of a business concern. Other objectives or goals c
regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
These models are used for analyzing a system which changes over a period of time among various possible outcomes or states. The models while dealing with such systems describe tra
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