Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Status Resources
We had classified constraints as scarce and abundant, depending respectively on whether or not the optimum solution "consumes" the entire available amount of the associated resource. Our objective is to secure the information from the optimum tableau. First we must clarify one point. Speaking of resources implies that there is a maximum limit on its availability, which means that the constraint must originally be of type ≤. Thus constraints of the type ≥ cannot physically represent a resource restriction; rather, they imply that the solution must meet certain requirements, such as satisfying minimum demand or minimum specifications.
In our problem we have four constraints of the type ≤. The first two (representing raw materials usage) are "authentic" resource restrictions. The third and fourth constraints deal with demand limitations imposed by the market conditions. We can think of these constraints as limited "resources", since increasing demand limits is equivalent to expanding the company's share in the market. Monetarily, this has the same effect as increasing availability of physical resources (such as raw materials) through allocation of additional funds. Following the discussion above, the status of resources (abundant or scarce) in any LP model can be secured directly from the optimum tableau by observing the values of the slack variables.
Explain about Programmed budget It having expects revenues and cost of various products or projects that are termed as the main programmers of the firm. Such a budget can be pr
Application of zero base budgeting In the following areas ZBB may be applied: 1) redundant schemes may be discontinued 2) identify the duplicate schemes and merge them in
Full Service Recourse Factoring : In this kind of factoring the client has to bear the risk of default made through the debtors. There the factor had advanced funds against book de
Characteristics of cost reduction 1) Cost reduction must be real : said through increase in productivity change in product design improvement in technology etc. 2) Cost r
Right now you are 20 years old and you have decided that you want to have $2,000,000 in the bank when you turn 65 years old. How much must you deposit each year to reach your goal
The standard cost of chemical mixture ~ PQ’ is as follows: 40% of material P @ Rs. 400 per kg. 60% of material Q @ Rs. 600 per kg. A standard loss of 10% is normally anticipated in
I WANT TO KNOW THE RULES FOR DOING LIFO AND FIFO
THEORY OF METAGAMES This theory appears to describe how most people play non-zero sum games involving any number of persons. Prisoner's dilemma is an example of this; the ai
Need a quote to complete my homework.
What are the Changing role of management accounting 1. Focus on customer scarification: customer satisfactions are continuously gaining high priority in management thinking i
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd