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make a research project for modern day companies on how they can make decisions using decision analysis
a practical example
Given an inventory system where Yearly demand = 120 units Ordering cost = Sh. 45 Price per unit = Sh. 200 Annual carrying cost = 24% of the unit cost Determine The economic or
two person zero sum game
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
maximum 3x1+x2+x3-x4 subject to x1+5x2+3x3+4x4 x1+x2=-1 x3+x4
discuss applications and scope of operations research in diverse areas.
what are the models of operational research?
what are the characteristics of 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
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