Complete decision making process , Operation Research

Operation research is only a Tool of Analysis and Not the Complete Decision making Process: It should always be kept in mind that O. R alone cannot make the final decision . it is just a tool and simply suggests best alternatives but in the final analysis many business decisions will involve human element.

Posted Date: 3/20/2013 4:07:37 AM | Location : United States







Related Discussions:- Complete decision making process , Assignment Help, Ask Question on Complete decision making process , Get Answer, Expert's Help, Complete decision making process Discussions

Write discussion on Complete decision making process
Your posts are moderated
Related Questions

NON PARAMETRIC TESTS All  practical  data follow normal distribution under  such situations can estimate the  parameters such  as mean  variance etc ,,, and use the  standard

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

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

procedure of modi method

Ask question 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 15

. A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y pape

Inability of NIH, FDA, to Identify Conflict of Interest While federal regulations require that researchers receiving NIH grants remain free of financial conflicts of interest,

Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0