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Demerits
a.It cannot be used in the case of bi variate distribution.
b.If the numbers of items are greater than say 30, the calculation becomes tedious and required a lot of time. Of we are given the ranks then we can apply this method even though n exceeds30.
Given an inventory system where Yearly demand = 120 units Ordering cost = Sh. 45 Price per unit = Sh. 200 Annual carrying cost = 24% of the unit cost Determine The economic or
Maximize Z = 2x - 7y subject -2x + 3y = 3 4x + 5y >= 10 6x + 7y 4x + 8y >= 5
. 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
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
Explain why it may be advantageous to build models to help in solving a decision problem.
3. 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 pape
DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH IN MODERN MANAGEMENT
After having studied as to what is operations research we shall now try to answers why its need has been felt by the industry. As already tainted out science of OR came
scope of operation research in insutry and defence
Probability and Non Probability Sampling The following s are some of the considerations for the selection of probability an non probability sampling. 1.Sometimes p
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