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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.
a. Explain the method of "Taylor's Scientific Management". List the elements of Taylor's Scientific Management. b. List the necessary managerial functions of a Manager. Explain.
Short Define operations research as a decision-making science
Question 1 -Though society as well as culture do not appear to be a part of business situations, yet they are actually key elements in showing how business activities will be cond
Principles of Construction of Research Tool Content of research tool should be based on aims and need of research problem: The questioning words must be concise compreh
Word problems based on formulation of linear programming problems. 2. A manufacturer produces nuts and bolts for industrial machinery. It takes 1 hour of work on machine 1 an
Significance of operation 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
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Yates Correction for Continuity for 2x 2Tables If any cell frequency in 2x 2 table isles than 5thenfor the application of X 2 test it is pooled with the preceding or suc
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