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Question 1) What are the advantages of retailing. Write a brief note on retailing in India Question 2) Define franchising. What are the advantages and challenges of franch
marginal rate of substitution, degeneracy and degenerate solution
Video Tapes Video tapes are very information and attention grabbing presentational supports. They are best for illustrating the persons in actions and presen
These models are used when one must decide the optimal time to replace equipment for one reason or the other for instance, in the case of equipment whose efficiency dete
Merits a.It is simple to understand and easy to calculate. b.It is very useful in the case of data which are of qualitative nature like intelligence honesty be
Dynamic programming may be considered thoutgrowth of mathematical programming and involves the optimization of multistage( sequence of inter related decisions) decision process
This is determined by disposable personal income( personal income minus direct taxes and other deductions ). Some people suggest the use of discretionary income in place of
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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
Operations research is used by manager in making business decisions. What are five each of its merit and demerit that the users need to be aware of?
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