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Describe Operation Research and discuss its applications in various organizations.
A company assembles heavy duty refrigerators and uses two types of compressors A & B. Two compressors of ‘A' brand and one compressor of ‘B' brand are used in each type of refrigerator. These compressors are manufactured on two types of machines M1 & M2 Time for A on M, is 2 hours and on M2 it is 3 hours. For B it is 1.5 hours and 2.5 hours respectively. Total machine hours available for M1 per week are 400 and 475 for M2. Profit contribution by A&B are Rs.1500 and Rs. 1200 respectively formulate LP model of the problem.
scope of operation research in management
what is the job scope in or?
Area under Standard Normal Curve The graph of the standard normal curve y = p(z) with different percentages areas is shown here. Since p(z) is a probability distributi
In this project the main focus is conducted interview to educational experts. This interview is base on Delphi technique. This technique is used to attain experts' consensus on ele
Types of Correlation 1. Positive Correlation : When the values of two variables move in the same direction .e. when an increase in the values of one variables is ass
Question 1 What do you understand by customs duty? Explain the taxable events for imported, warehoused and exported goods. List down the types of duties in customs. An importer
b. 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
A producer of furniture manufactures two products - tables and chairs. Processing of these products is done on two machines A and B. A chair needs 2 hours on machine A and 6 hours
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
North West Corner Rule for Initial Solution: Now by applying North West corner rule we can initial solution. According to this rule without regard to cost consideration the
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