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These models are used when one must decide the optimal time to replace equipment for one reason or the other for instance, in the case of equipment whose efficiency deteriorates with time or fails immediately and completely. For example in case of an automobile the user has his own measure of effectiveness. So there will not be a single optimal answer for everyone even if each automobile gives exactly the service.
ppt on decision tree
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
Scope of the OR techniques can be derived in followings various importance fields: 1. In Agriculture : With the explosion of population and consequent shortage of food O
What are the basic 5 elements of modeling process
#questionthe following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0 ..
WHAT ARE THE SIGNIFICANCE OF OPERATION RESEARCH
A water chillier with a capacity of 30 TR cools 20 m 3 /hr. water entering at 12 o C what is the temp. of water leaving the chillier. A reversible engine has an ideal thermal ef
Discuss the methodology of operation research
CONSTRUCTION PROCEDURE The construction of an interview schedule or questionnaire is a time consuming task requiring considerable attention to all the details. The investig
Data Management As your research project progresses you will quickly gather more and more data. These need to be managed in such a way that they can be accesses and
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