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1) Provide a description of the required factors of production, grouping them according to whether the factors of production are
a) Fixed and hence unlikely to vary much according to the quantity of goods sold (e.g. overheads); or
b) Variable and hence likely to increase with increased production
Use the above information to comment on the likely overall cost structure of your business .
For example: Are fixed costs large or small relative to variable costs? Does this mean that the firm's 'optimal' size is likely to be small, medium or large?
scope of operation research in insutry and defence
explian completelly the operation reserch
what are the operation research?
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
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Family Application specialises in selling major appliances for use in kitchen remodelling. One of its more popular items is the SubZero refrigerator. Over the past 40 weeks, the
WHAT ARE THE SIGNIFICANCE OF OPERATION RESEARCH
Table of contents The tables of contents is an outline of the order of the chapters sections and sub section with their respective pages. If report includes a n
User Groups: The next step would be to identify more specifically the potential user groups. This may be done on the basis of interviews, questionnaires, study of organisation
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