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Operation research is only a Tool of Analysis and Not the Complete Decision making Process: It should always be kept in mind that O. R alone cannot make the final decision . it is just a tool and simply suggests best alternatives but in the final analysis many business decisions will involve human element.
NWCR
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
#questionA 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 grad
DECILES The nine points on the scale of observations ( or values of the variable) which divide the total frequency into ten equal parts are called deciles for the data
Government Documents: Government publications are the official documents brought out at government expense. They are the records of activities of the (1) Executive, (2) Legis
Models in OR
Analysis of Available Information and Verification of Hypothesis: most of the time that a scientist spends in training is devoted to learning how to analyze and int
Research Paper Overview Research Topic: • Research the effects of federal mandates in your state. Examples include the Americans with Disabilities Act, the No Child Left B
methodology of operation research
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
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