Operations research approach to problem solving, Operation Research

Assignment Help:

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


Related Discussions:- Operations research approach to problem solving

Mode of presentation - report writing presentation, Mode  of Presentation...

Mode  of Presentation A strategy  needs to be  chalked out for  a satisfactory  rendering of the  topic. The  man oeuvres are going  t vary  with a  change in the  manner  of

What do you understand by customs duty, Question 1 What do you understa...

Question 1 What do you understand by customs duty? Explain the taxable events for imported, warehoused and exported goods. List down the types of duties in customs. An importer

''qualitative generic research'', Use the following article on qualitative ...

Use the following article on qualitative approaches written by Kahlke (2014), http://ejournals.library.ualberta.ca/index.php/IJQM/article/viewFile/19590/16141/ to answer the fol

WEITING MODEL(QUEUING), CONSIDER A BARBER SHOP WITH ONE CHAIR, ONE BARBER A...

CONSIDER A BARBER SHOP WITH ONE CHAIR, ONE BARBER AND NO ROOM FOR CUSTOMER TO WAIT. IF THE CHAIR IS EMPTY WHEN THE CUSTOMER ARRIVES,HE ENTER THE SHOP AND HIS HAIR CUT BEGINS. IF TH

LPP, . A paper mill produces two grades of paper viz., X and Y. Because of ...

. 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

Determine the best age at which to replace the machine, Question: Machi...

Question: Machine A costs Rs. 9000. Annual operating costs are Rs. 200 for the first year, and then increase by Rs. 2000 every year. Suppose that the machine has no resale valu

Scope, write the scope of operation research

write the scope of operation research

#transportation and linear models.., #what is the similarity and difference...

#what is the similarity and differences between transportation and linear programing models?

Stepping stone method, This is a  procedure of determining  the potential i...

This is a  procedure of determining  the potential if any for improving each  of the non basic variables in terms of the objective function. To determine  this  potential  each of

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd