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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.
#question.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 grad
The action phase consists of making recommendations for remedial action to those who first posed the problem and who control the operations directly. These recommendatio
Chi square Test for the Population variance When we want to test that a random sample has been drawn from a normal population having specified variance then X2 statist
DECILES The nine points on the scale of observations ( or values of the variable) which divide the total frequency into ten equal parts are called deciles for the data
#questioA 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
meaning,significance of operations research in bussiness management?
Problem: A policy maker is considering several policy options that lead to different utility levels of different individuals a) Which Policy is would be optimal according t
Determining Sample Size for Estimating poportions It is necessary to determining the sample size for a problem involving proportions. This deals with the percentage of f
Z-Test Prof. Fisher has given a method of testing the significance of the correlation coefficient in small samples. According to this method the coefficient of correlation
a manufacture wants to ship 8 loads of his product as shown below. The matrix gives the mileage from origin to the destination D.
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