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Formulation of the Problem: Before proceeding to find the solution of a problem, first of all a manager should be competent enough to form an appropriate model. To do so followings information are needed:
a. Decision Maker
b. Objectives
c. Controllable Variables
d. How do uncontrollable variables affect the possible solution?
e. Constraints or restrictions on the variable
f. Alternative course of action
g. Measurements of effectiveness
INFORMATION AND OTHER RELATED CONCEPTS - THEIR MEANING AND CHARACTERISTICS: You may often hear or read in newspapers and other popular magazines about "exponential growth of i
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Case Study - Research Design RJR Nabisco Ever since the health aspects of smoking became a public issue shortly after world war II the tobacco industry knew there
Photographs and Illustrations: Photographs and illustrations are documents which provide a visual or pictorial representation of a person, place or situation which words fail
G. Ambler has € 10000 available for a second hand car, but would like to buy a fast car that costs € 25000. He needs the money for that car quickly, and would like to increase his
Calculation of Ranks Correlation Where Ranks are Given: When the actual ranks are given the steps followed are: a.Compute the difference of the two ranks (R1 and
Limitation The report should also point out the main limitation of the research reported therein. This will be helpful to the reader who can form his own opinion
how do you calculate using this method where the least cost appears twice
Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0 on..
MEAN DEVIATION Mean deviation of a series is the arithmetic average of the deviations of various items from the median or mean of that series. Median is preferred
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