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1. A local university purchases exercise books to give to their students. Instead of a fixed unit cost, their supplier quotes the following discount pricing: Order quantity Unit P
Question 1 What do you understand by customs duty? Explain the taxable events for imported, warehoused and exported goods. List down the types of duties in customs. An importer
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
words each) Q2. Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will ha
models in operation research
Level of Significance In testing a given hypothesis the maximum probability with which we would be willing to take risk is called level of significance of the test.
Ask questb. A Company produces 150 cars. But the production rate varies with the distribution. Production Rate 147 148 149 150 151 152 153 Probability 0.05 0.10 0.15 0.20 0.30 0.15
significance of operation research in modern management
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