Uncertainly, Operation Research

Uncertainly : There is a great uncertainly about economic and general environment. With economic growth uncertainty is also growing's. this makes each decisions costlier and time consuming. Or is thus quite essential from reliability point of view.

Knowledge Explosion : Knowledge is increasing at a very fast rate. Majority of the industries are not up to date with the latest knowledge and are therefore at a disadvantage. Or teams collect the latest information for analysis purposes which quite useful for the industries.

Posted Date: 3/20/2013 3:51:30 AM | Location : United States







Related Discussions:- Uncertainly, Assignment Help, Ask Question on Uncertainly, Get Answer, Expert's Help, Uncertainly Discussions

Write discussion on Uncertainly
Your posts are moderated
Related Questions
Solve the following Linear Programming Problem using simple method Maximize Z= 3x1 + 2x2 Subject to the constraints: X1 + X2 = 4

Two Sample Tests In some  situation the researchers may be taking  statistical decisions based on two samples. Each  of the  two  samples may  represent a particular under con


Sources of Hypothesis Hypothesis  may be developed from  various  sources. Some  of the important  sources are  the  followings: 1. A Hypothesis  Arises from  Intuition

significance of operation research in modern management

scope of operation research\


After having studied as to what is operations research we shall now try to answers why its need has been felt by the industry. As already tainted out science of OR came

management wants to know how many supervisors should be hired, and what could be the optimum workload distribution to be applied, given a number of constraints