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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.
Determining Sample Size for Estimating poportions It is necessary to determining the sample size for a problem involving proportions. This deals with the percentage of f
explain operation research with example.and also discuss the scope of OR in modern management.
Type of Measures of Dispersion a. Absolute Measure: The measure of dispersion which is expressed in terms of the units of the observations( e, g, Rupees , metre ,
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 down any two assumption of L.P
One Sample Tests The one sample test is applied to a situation where only a single sample ( one sample) is taken from a population in this test the researcher may be tak
application&techniques
how do you use gantt chart for solving sequencing problem ? why is it not employed for solving larger problems?
Categories of Information in Social Sciences: It would be useful, particularly in social sciences, to group information into three categories: • Statistical Information
Software House named as Harvester, got to increase the speed of service and I need to get 3000 words written
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