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Determination of effectiveness Measures: Effectiveness measure is a measure of success of a model in representing a problem and providing a solution. It is the connecting link between the objectives and the analysis required for corrective action. It tests the success of a solution and determines if there is need for improving the method of attack or even of altering the solution.
Formulation of the problem Relative to the Objective: Since every operation is study with problems, the operations analyst must determine the type of problems its origin and causes. Problem are of many types.
a. Remedial type with its origin in actual or threatened accidents for example airplane crashes job performance hazards.
b. Optimization types for example performing a job more efficiently.
c. Transference type consisting of applying the new advances improvements and inventions in one field to other fields.
d. Prediction type for example forecasting the problems associated with future developments. And inventories.
management wants to know how many supervisors should be hired, and what could be the optimum workload distribution to be applied, given a number of constraints
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
One Sample sign Test In a one sample test the null hypothesis μ = μ 0 against an appropriate alternative on the basis of a random sample of size n we replace each sam
Standard Deviation The standard deviation of samples (s) can be estimated by the pilot study past studies and the ranges of distribution. A pilot study may be conducted
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
Other Determinants of Sample Size 1. The variability of elements within the population has become a very important factor to decide the sample size. The more v
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
Which model is described as a rule of thumb
how do you calculate using this method where the least cost appears twice
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