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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.
A factory employs unskilled workers earning $135 per week and skilled workers earning $270 per week. It is required to keep the weekly age bill below $24,300. The machine requires
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
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models in operation research
Small Sample The central limit theorem does not work well with small samples even if the population in non Gaussian. So we cannot rely on the central limit theorem
Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assignment
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
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
Anthology or Book with Articles or Works by Many Authors The name of the person compiling the book will be given followed by the word editor. For more than one edit
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