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
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

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

classification on the bases of function or purpose

POSSON DISTRIBUTION   In binomial  distribution the value of n was  finite. But  there are few  problems  when  cannot  be estimated. So in these  binomial  distribution

Calculation of Standard Deviation - Continuous Series: In the continuous series the methods of calculation standard deviation is almost the same as in a discrete frequency distrib

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


b. 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 pape

Royce A. Singleton and Bruce C. Straits have said that scientific social research consists of the process of formulating and seeking answers to question about the social wor

3 In a rectangular game, pay-off matrix of player A is as follows: