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Inventory models deal with the problem of determination of how much to order at a point in time and when to place an order. The main objective is to minimize the sum of three conflicting inventory costs. the cost of holding or carrying extra inventory the cost of shortage or delay in the delivery of items when it is needed a cost of ordering or setup. These are also useful in dealing with quantity discounts and selective inventory control.
how i make project report on "application of or".i want help from you.can you give me idea to complete this report..
Decide upon the Objective What is it that you aim to achieve the end of the presentation ? your objective should be crystal clear. Do not stray or move a ways
Operation Research may be regarded as a tool which is utilized to increase the effectiveness of the management decisions. O R is objective supplement to the subjective feeling
Short Define operations research as a decision-making science
undertake the proposed research investigation in accordance with the agreed specification and procedures
Simple Graph The values of the two variables are plotted on a graph paper. We get two curves one for x variables and another for y variables. These two curves reveal the dir
Chi Square Test ( X 2 ) Chi Square Test Defined the chi square test is one simplest and most commonly used non parametric tests in statistical work. The Greek letter X 2
Preparation of visual Aids ,Handouts and Feedback Forms It is always better to prepare visual aids much in advance of the presentation. Leaving them for the last mo
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
Chi Square Test as a Test of Homogeneit The X 2 test of homogeneity is an extension of the chi square test of independence of attributes. It is designed to determine whet
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