Determination of effectiveness measures, Operation Research

Assignment Help:

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.


Related Discussions:- Determination of effectiveness measures

Numerical, A paper mill produces two grades of paper viz., X and Y. Because...

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

Answering question to find shortest path, Answering Question to Finding Sho...

Answering Question to Finding Shortest Path - Operation Research Assignment Help Finding answers for shortest path problems are quite interesting and not easy to solve. In solv

Making decision - hypothesis testing, Making Decision Lastly a deci...

Making Decision Lastly a decision  should  be arrived as to whether the null  hypothesis is  to be accepted  or rejected. In  this regard the value  of the test  statistic

Meaning and definition, Meaning and Definition If a group  of N observ...

Meaning and Definition If a group  of N observations is  arranged in ascending or descending  order of magnitude then the  middle  value is  called  median of  these  observat

Macroeconomic environment in which the business operates, Provide a descrip...

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

A paper mill, A paper mill products two grade of paper viz., X & Y. Because...

A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a we

Lp, #question.Solve the following Linear Programming Problem using Simple m...

#question.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.

Study the case and provide an alternative compensati, #queStudy the case an...

#queStudy the case and provide an alternative compensation design, which would redress the problem faced by the two- wheeler major in Chennai.stion..

Ranganathan''s principles, Ranganathan's Principles: Perhaps it would ...

Ranganathan's Principles: Perhaps it would be worthwhile to consider the Five Laws of Library Science of Dr. S. R. Ranganathan as the basic guidelines for formulating the obje

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd