Operation research techniques, Operation Research

High Costs are Involved in the Use of O. R Techniques:

O. R techniques usually prove very expensive. Services of specialized persons are invariably called for ( and along with it the use of computer0 while using O. R. Techniques as such only big concerns can think of using such techniques. Even in big business organization se can expect that O. R techniques will continue to be of limited use simply because they are not in many cases worth their cost. As opposed to this a typical manager excursing intuition and judgment may be able to make a decision very inexpensively. Thus the use of O. R. Is a costlier affair and this constitutes an important limitation of O. R.

Posted Date: 3/20/2013 4:05:02 AM | Location : United States

Related Discussions:- Operation research techniques, Assignment Help, Ask Question on Operation research techniques, Get Answer, Expert's Help, Operation research techniques Discussions

Write discussion on Operation research techniques
Your posts are moderated
Related Questions
Method of Concurrent Deviations The  coefficient  of concurrent  deviation or coefficient  of correlation  b the concurrent deviation  methods  is given  by the formula. R

how to solve it

Normal 0 false false false EN-IN X-NONE X-NONE

Question 1 Explain the process of problem identification with an example 2 Interview method involves a dialogue among the Interviewee and the Interviewer. Describe the inter

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

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

Requisites of a Good Scientific Methods The essentials of a good scientific methods as summed up by the advisory committee on economic and social research of the council of

A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a we

Uses  of Mean  Deviation Mean  Deviation  is rarely being used as a measure of dispersion. But  due to  easy  and  simplicity  in calculation. It  is rather  useful  in busin

QUESTION a) "Organizations have to change only because changes in their external environments force them to change." Discuss b) What restraining forces may block the impleme