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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.
A company produce three sizes of windows fans small,medium and large. The manager has formulated an LP model for production.
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
Simple Line Graphs a. Simple Histogram A simple histogram is a techniques used plotting a time series on the graph paper. The data are arranged according to the time
What are the computer applications of transportation and assignment problem
find optimal solution for a 3*4 matrix 42 27 24 35 46 37 32 32 40 40 30 35 using modi method
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
words each) Q2. Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will ha
Rank Methods Spearman s When the variables under consideration are not capable of quantitative measurement but can be arranged in serial order( ranks) we find correla
Provide a description of the macroeconomic environment in which the business operates noting: a) The overall 'stability' of the political system/government of the country in whi
application&techniques
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