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Dynamic programming may be considered thoutgrowth of mathematical programming and involves the optimization of multistage( sequence of inter related decisions) decision processes. The method starts by dividing a given problem into stage or sub problems and then solves those sub problems sequentially until the solution to the original problem is obtained.
Z-Test Prof. Fisher has given a method of testing the significance of the correlation coefficient in small samples. According to this method the coefficient of correlation
what are the different types
These models are applied to the management ( planning controlling and scheduling ) of large scale projects. PERT/ CPM techniques help in identifying potential trouble spots in
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
applications
explain the significant and scope of operation research in scientific management
The Neatee Eatee Hamburger Joint specializes in soyabean burgers. Customers arrive according to the following inter - arrival times between 11.00 am and 2.00 pm: Interval-arrival
The following linear programming is written to plan the production of two products. And the company wants to maximize profits. x1 = number of product 1 produced in each batch
Determine feasible space for x1-x2= 8
Case Study - Research Process Tomzak and Hale inc was a medium sized marketing research firm located in a large mind western city. Bob Lynn a marketing vice president
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