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Trade Literature: Trade literature consists of documents that give information on the processes and materials involved in the manufacture of a product, various types of produc
After having studied as to what is operations research we shall now try to answers why its need has been felt by the industry. As already tainted out science of OR came
Demerits a.It cannot be used in the case of bi variate distribution. b.If the numbers of items are greater than say 30, the calculation becomes tedious and requ
Inflation Inflation is a general increase in the price of goods and services. The inflation rate, as measured by the
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
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
SOLVE THE FOLLOWING LP USING SIMPLE METHOD MAXIMIZE Z=3X1+2X2 SUBJECT TO CONSTRAINT X1+X2 X1-X2 X1,X2>=0
#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
NWCR
Some areas of applications are Purchasing, Procurement and Exploration Quantities and timing of purchase Replacement policies Rules for buying, supplies Finance, Budgeting and Inv
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