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decision theory., Operation Research
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Posted Date: 10/15/2012 1:02:17 AM | Location : United States
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Explain briefly the term sensitivity analysis, Question: (a) A company...
Question: (a) A company sells three different products X, Y and Z. The company makes a profit of Rs. 35, Rs. 50 and Rs. 60 per unit on products X, Y and Z respectively. The th
Applications of statistics in management, In a business, statis...
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
Operation Research.., 3. Explain ‘Vogel Approximation Model (VAM)’.? answer...
3. Explain ‘Vogel Approximation Model (VAM)’.? answer please
Determination of the operation, An operation is a combination of different...
An operation is a combination of different actions dealing with raw materials( e, g, men and machines) which form a structure from which an action with regard to broader ob
Linear regression, regression line drawn as y=c + 1075x, when x was 2, and ...
regression line drawn as y=c + 1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
Advantages of standard deviation - measure of dispersion, Advantages of S...
Advantages of Standard deviation a.Standard deviation is based on all the observations and is rigidly defined. b.It is amenable to algebraic treatment and possesses
Operations strategy in an organization, 1. Investigate: The Operations Str...
1. Investigate: The Operations Strategy of your organisation or one you are familiar with and answer the following points. Does your chosen organisation have an operations
LPP, . A paper mill produces two grades of paper viz., X and Y. Because of ...
. 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
LPP, USE SIMPLE METHOD TO SOLVE THE FOLLOWING LPP MAXIMISE Z=4X1+10X2 SUBJE...
USE SIMPLE METHOD TO SOLVE THE FOLLOWING LPP MAXIMISE Z=4X1+10X2 SUBJECT TO CONSTRAINS, 2X1+X2 2X1+5X2 2X1+3X2 X1, X2>0
Demands of logic and objective procedure, The scientific methods is thus ...
The scientific methods is thus based on certain basic postulate which can be stated as under: a. It relies on empirical evidence: b. It utilizes relevant concepts;
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