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1. Determination to enter a new territories.
2. To decide to enter a new market or not.
3. To determine how much production capacity to be builds up.
4. Helpful in deciding the number of salesman required to achieve the sales objective.
5. To prepare standard against to which measure performance.
6. To assess the effect of a proposed marketing programme.
7. Helpful in the product mix decisions ( Relating to wealth and length of product line.)
8. To decide the promotional mix.
9. To assess the effect of a proposed marketing programme.
10. In deciding the channels of distribution and physical distribution decision.
Dynamic programming may be considered thoutgrowth of mathematical programming and involves the optimization of multistage( sequence of inter related decisions) decision process
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
Types of Correlation 1. Positive Correlation : When the values of two variables move in the same direction .e. when an increase in the values of one variables is ass
Simple Line Graphs a. Simple Histogram A simple histogram is a techniques used plotting a time series on the graph paper. The data are arranged according to the time
Need Proposals are written for various reasons. They are prepared for different reasons which vary to the extent of details expected, but like research reports, the proposal a
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 in
Solved LP Sample Assignment & Questions A person desires to decide the ingredients of a diet which will satisfy his routine necessities of fats, proteins, and carbohydrates at
A paper mill produces two grades of paper viz., X & Y. Because of raw material restrictions, it cannot produce more 400 tons of grade X paper & 300 tons of grade Y paper in a week.
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
Importance of models
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