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These models deal with the selection of an optimal course of action given the possible pay offs and their associated probability of occurrence. These models are broadly
Objectives of Measuring Dispersion a. To judge the Reliability of Measures of Central Tendency: Measure of dispersion is the only means to test the representative charac
Knowledge: The dictionary definition of knowledge is 'organised body of information or the comprehension and understanding, consequent on having acquired an organised body of
Simple Graph The values of the two variables are plotted on a graph paper. We get two curves one for x variables and another for y variables. These two curves reveal the dir
if one no. is repeated 2-3 times in machine-1 and machine-2 what is to be prefer first
disadvantages of modeling in operational research
Machine Tabulation This methods of tabulating information is generally used in case of extensive large scale surveys. Mechanical sorting and tabulating equipments and su
How to solve linear programming problems using simplex method introducing slack variable,surplus variable and artificial variable
what are the objectives 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 i
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