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

Techniques of work measurement, Techniques  of Work  Measurement A n...

Techniques  of Work  Measurement A number of work  measurement  techniques  have been  developed  to suit  different  types of work . There are: 1. Repetitive work: The

Ques, Ask questb. A Company produces 150 cars. But the production rate vari...

Ask questb. A Company produces 150 cars. But the production rate varies with the distribution. Production Rate 147 148 149 150 151 152 153 Probability 0.05 0.10 0.15 0.20 0.30 0.15

Model, disadvantages of model in operational research

disadvantages of model in operational research

What do you understand by the term operations research, Question : (a) ...

Question : (a) (i) What do you understand by the term "operations research"? (ii) Discuss three common operations research models. (b) Self-service at the university c

Prepare an executive level financial report, Research Project I will as...

Research Project I will assign a project for your class. The following description is an example of such a project. I may select the following company, may select a different c

Demerits - correlation regression analysis, Demerits a.It cannot  be ...

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

Summary report - report writing presentation, Summary  Report The  r...

Summary  Report The  report  format  suggested  above  does  not  contain  any  summary  section. This exclusion  is deliberate. The summary  should  not be  prepared until t

the simplex method, In large sized linear programming problems, the ...

In large sized linear programming problems, the solution cannot be obtained by the graphical method and hence a more systematic method has to be developed to find

Techniques, explain the different techniques as operation research

explain the different techniques as operation research

Mb0048, A paper mill produces two grades of paper viz., X and Y. Because of...

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

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