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!
Stepping Stone Methods :
This is a procedure of determining the optimal if any for improving each of the non basic variables in terms of the objective function. To determine this potential each of the non basic variables ( Empty cells ) is consider one by one. For each such well we find out as to what effect on the total cost would be if one unit is assigned to this cell. With this information then we come to know whether the solution is optimal or not. If not we improve that solution. To understand it we refer to the table a side which is a reproduction of the table above containing the initial basic solution obtained by NW corner rule.
In the above table there are four empty cells BD, CD, AF, BF,
The rule for testing the optimality is if none of the empty cell has a positive opportunity cost the solution is optimal. And if one ( or more ) of the empty cell have a positive opportunity cost the solution is not optimal and calls for revision. We concentrate only on the cells that have positive opportunity cost and would select the one with the highest value.
Question 1: "Yield management guides the decision of how to allocate undifferentiated units of capacity to available demand in such a way as to maximize profit or revenue." Cri
Question : (a) Describe what you understand by supply chain management. (b) An important decision facing most purchasing managers is whether to source each individual produc
Siting Departments for Process Layout - Service Operations In determining the relative position of service departments the costs of movement may be less important than other,
Why should one study operations management?
Unconscionability is an import UCC concept. What is it and how does it help the consumer? Illustrate your answer with examples
Approaches to Expanding long term Capacity There are two major approaches to expanding the long term capacity viz. All at once and Building a capacity increm
Determine two advantages and two disadvantages from the healthcare organizations perspective for requiring a Certificate4 of Need (CON). Identify 3 states that require a Certificat
Post Industrial Society - Operations Function In the post -industrial society, industrial production has become so efficient that the average worker can now afford products th
Discuss the six steps in the Marketing Research process and relate to any company/product/service that you know or are familiar with.
• Describe the requirements of forecast demand and capacity requirements for financial planning, leading to proper business valuation. • Explain the financial risks to a healthc
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: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd