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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.
Case Study - Experimental Design Dental Clinic A leading dental clinic with three well qualified dentists is seriously considering keeping in touch with its pat
what operation research analysts do not
what are the different types
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
Q1. a. What do you mean by linear programming problem? Explain the steps involved in linear programming problem formulation? b. A paper mill produces two grades of paper viz., X
Ask questiAvatars are virtual characters that can be used as representatives of a company that is using the Internet as a distribution channel. For instance, avatars can be used as
scope of operation research
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
Seven Step to a Successful Presentation There are seven basic step which need to kept in mind at the time of making a presentation. How successful one is at eh end
the application areas of linear programming
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