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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.
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
what are the characteristics of operation research
Festinger and Katz have described followings six steps in the conduct to a field study. a. Preliminary Planning :Deciding scope and objectives of study and the time table
Question: (a) Discuss briefly the four basic components of any queueing system. (b) Explain what you understand by the following models: (i) (M| M | 1 : N | FCFS) (ii
describe the similarities and differences of transportation and linear programing methods
metholodolgy of operational research
maximize z=3x1+2x2 subgect to the constraints x1+x2 x1-x2 x1,x2>_0
explian completelly the operation reserch
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
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 in
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