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Deviation Taken from Assumed Mean This methods is assorted when the arithmetic average is a fractional value. Taking deviation from fractional value would be a ver
Disadvantage of standard Deviation It is not easy to understand and calculate. It gives more weight to the extremes and less to the items nearer to mean. Since
Data and Information: The term "data" (plural form of datum) refers to "an individual fact, statistic, or a piece of information or a group or a body of facts, statistics or t
what are the objectives of operation research?
The following equation gives Jane's linear demand curve for visits to a nearby national park. Q is the number of visits per week and P represents the price of a pass (price per vi
Machine Tabulation This methods of tabulating information is generally used in case of extensive large scale surveys. Mechanical sorting and tabulating equipments and su
Question: (a) A company sells three different products X, Y and Z. The company makes a profit of Rs. 35, Rs. 50 and Rs. 60 per unit on products X, Y and Z respectively. The th
Need Proposals are written for various reasons. They are prepared for different reasons which vary to the extent of details expected, but like research reports, the proposal a
Model building is the essence of the operations research approach? Discuss.
meaning of operational research?
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