Inherent limitation concerning mathematical expressions, Operation Research

Assignment Help:

Operation reac Involves the use of mathematical models, equations and similar other mathematical expressions. Assumptions are always incorporated in the derivation of an equation or model and such an equation or model may be correctly used for the solution of the business problems when the underlying assumptions and variables in the model are present in the convening problem, if this caution is not given due care then there always remains the possibility of wrong application of O . R. Techniques. Quite often the operation researchers have been accused of having many solutions without beings able to find problems that fit.


Related Discussions:- Inherent limitation concerning mathematical expressions

OPERATION RESEARCH, A paper mill produces two grades of paper viz., X and Y...

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

Model., is model the essence of oprational research.

is model the essence of oprational research.

Lpp using sipmle method, Maximize Z= 3x1 + 2X2 Subject to the constraints: ...

Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Steps involved in hypothesis testing of the mean , Statement of Hypothesis...

Statement of Hypothesis The  two hypothesis  i  ,e,  null hypothesis  (H 0 ) and Alternative Hypothesis (H 1 ) are so  constructed  that if  one is  correct the other  is wron

Determine phases-states-decisions and probability , G. Ambler has € 10000 ...

G. Ambler has € 10000 available for a second hand car, but would like to buy a fast car that costs € 25000. He needs the money for that car quickly, and would like to increase his

Transportation and linear programming., #what is the similarity and differe...

#what is the similarity and difference between transportation and linear programing models?

Explain system control and security tools, 1. Explain the effects that MIS,...

1. Explain the effects that MIS, DSS, CRM and ERP have on organizational communication and decision making to increase productivity and efficiency in an increasingly competitive bu

LPP, a paper mill produce two grades of paper viz., X and Y. because of raw...

a paper mill produce two grades of paper viz., X and Y. because of raw material restrictions, it cannot produce more than 400 tona of grade X and 300 tons of grade Yin a week. ther

Duality, Write a note on economic interpretation of dual?

Write a note on economic interpretation of dual?

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