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Question
1 Explain the process of problem identification with an example
2 Interview method involves a dialogue among the Interviewee and the Interviewer. Describe the interview method of data collection. What are the uses of this technique? What are the different types of interviews?
3 A study of various sampling methods is necessary because precision, accuracy, and efficiency of the sample results depend on the method employed for selecting the sample. Describe the different types of Probability and Non-Probability sampling designs
a practical example
applications of operation research
You are a manager at a medium sized manufacturing operation that sells a customized product directly to the consumers and the data pattern is linear but it can have the occasion ra
Degree of Correlation ship 1. Perfect Correlation: When changes in two related variables are exactly proportional there is perfect correlation between them. In case
These models are applied to the management ( planning controlling and scheduling ) of large scale projects. PERT/ CPM techniques help in identifying potential trouble spots in
Tied Ranks Equal or Repeated Rank When two or more items have equal values it is difficult to give ranks to them. In that case the items are given the average of the
This assignment requires you to evaluate a product from the view point of quality, both quality of design (as perceived by the user) and quality of conformance. To ensure that we a
how does it work
Formulation of the Problem: Before proceeding to find the solution of a problem, first of all a manager should be competent enough to form an appropriate model. To do so f
BINOMIAL DISTRIUBITON This distribution (also known as Bernoulli distribution ) is useful in such an experiment where there are only two outcomes success or failure g
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