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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.
Chi Square Test Goodness of Fit Chi square test can be used to find out how well the theoretical distribution fit with the empirical distribution of observed distribut
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 pa
Ask question A Company produces 150 cars. But the production rate varies with the distribution. Production Rate Probability 147 0.05 148 0.10 149 0.15 150 0.20 151 0.30 152 0.15 15
Operation research makes no allowance for intangible factors such as skill attitude vigor of the management people in taking decisions but in many instances success or fail
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
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
#qudistinguish between histogram and historigram estion..
explanation
Choose a publicly traded company (NYSE, AMX, or OTC) that interests you. If you don't know how to choose a company, think of IBM, DELL computer, Nike, Apple computer, GM, Ford, Nok
Sequential Samplin The previous has shown that the sampling units were drawn prior to the drawing of the actual sample and has a fixed size. But the sequential sa
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