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These models are used for analyzing a system which changes over a period of time among various possible outcomes or states. The models while dealing with such systems describe tra
Ask questioA farmer intends to drill a well for his herd. In the past, only 80% of the wells drilled in this area were successful at 12 metres of depth. On finding no water at 12 m
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what is operation research an management decision making
Horton and hunt have given followings nine characteristics of scientific method: 1. Verifiable evidence i e, factual observations which other observers can see and check
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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
is model the essence of oprational research.
In a big industry the numbers of factors influencing a decision have increased situation has become big and complex because these factors interact with each other in complica
#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
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