OR models, Operation Research

Assignment Help:
Explain why it may be advantageous to build models to help in solving a decision problem.

Related Discussions:- OR models

Standard deviation - sampling decisons, Standard Deviation The  standa...

Standard Deviation The  standard deviation of samples (s) can be estimated by  the pilot  study past studies and the  ranges of distribution. A pilot study  may be  conducted

Decision analysis models, These models deal with the selection of an opt...

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

Stratified sample size - sampling size, Stratified Sample Size The  sa...

Stratified Sample Size The  sampling  study  has depended  much on the stratified sample  to reduce  the sampling  error, samples  size may have a number of strata or  cluster

Analytical and decision- making skills, This assessment aims to provide stu...

This assessment aims to provide students with the opportunity to hone their analytical and decision- making skills. It also aims to help students develop their ability to think cre

Answer, A paper mill products two grade of paper viz., X & Y. Because of ra...

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

Sample linear programming problems to calculate max profit, The following l...

The following linear programming is written to plan the production of two products. And the company wants to maximize profits. x1 = number of product 1 produced in each batch

Census method, Census Methods Complete Enumeration: If detail informat...

Census Methods Complete Enumeration: If detail information  regarding every individual  person  or item of a given   universe ( or  population ) is  collected then the  enquir

Describe states-transitions and transition rate, Customers arrive to a supe...

Customers arrive to a super market according to a Poisson process with intensity V = ½  per minute. The supermarket has two counters, that use a common queue. Counter 1 is always o

Model building, model building is the essence of the operational research d...

model building is the essence of the operational research discuss

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