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The 2nd phase of operations Research is to construct a mathematical model representing the system under study. It requires the identification of both static and dynamic structural elements keeping in these important factors.
a. Decision variables and parameters.
b. Constraints
c. Objective functions
#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
Use of t -tables Similar to normal curve tables there exist t- distribution tables. However whereas the properties of the normal curve are constant for all
advantage of quality circle process
A company uses 4 pounds of resource 1 to make each unit of X1 and 3 pounds of resource 1 to make each unit of X2. There are only 150 pounds of resource 1 available. Which of the fo
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
six operators are to be assigned to the 5 jobs with the cost of assignments
Drury's Principles: The basic principle, which still governs the selection of reading material for a library, was enunciated by Drury in 1930. It states: "To provide the righ
I''m getting a negative value in the one of the Supply/Stock columns while solving a problem in Vogel''s approximation method. Is it possible or am I doing anything wrong?
Multiple Objective s The sample may vary according to the objective of the research. There may several objectives of marketing research so the sample size may vary a
Minimize: 60P + 120Q Subject to: 2P + 3Q >10 P + 4Q >12 P, Q> 0
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