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

Linear programming, 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

Simplex method, Solve the following Linear Programming Problem using Simple...

Solve the following Linear Programming Problem using Simplex method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Institutional Characteristics - information resources, Institutional Charac...

Institutional Characteristics:  An approach to an understanding of the fields of interest of individuals to be served and of the organisation as a whole could begin by acquiri

Operation Research.., 3. Explain ‘Vogel Approximation Model (VAM)’.? answer...

3. Explain ‘Vogel Approximation Model (VAM)’.? answer please

Ranganathan''s principles, Ranganathan's Principles: Perhaps it would ...

Ranganathan's Principles: Perhaps it would be worthwhile to consider the Five Laws of Library Science of Dr. S. R. Ranganathan as the basic guidelines for formulating the obje

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

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

Software, role of computer software operation research

role of computer software operation research

DECISION MODELS, CRITICAL EXAMINATION OF THE APPLICATION OF DECISION THEORY...

CRITICAL EXAMINATION OF THE APPLICATION OF DECISION THEORY TECHNIQUES OR MODEL IN BUSINESS DECISION MAKING IN NIGERIA

Describe the demand curve, The following equation gives Jane's linear deman...

The following equation gives Jane's linear demand curve for visits to a nearby national park.  Q is the number of visits per week and P represents the price of a pass (price per vi

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