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Line Balancing Methods - Heuristic Approach Heuristic mean serving to find i.e. to find out discover things for oneself. Heuristic describes a particular approach to problem solving decision making and control. Heuristics are often simple thumb rules which are employed to solve complex problems. They aim to provide ways to solve problems which at the beginning of an investigation elude rigours logical analysis. Heuristic models utilize common sense logic and above all past experience to tackle the new problems. Heuristics methods though have little if any theoretical foundations yet they provide most likely ( and if not the optimum) solutions which are good enough from a practical point of view. Heuristic methods break down a complex problem into smaller and easily manageable sub problems. Then from the past experience of tacking different but similarly structured problems the promising solution for each sub most problem ( of new situation) is determined. Heuristic approach has advantages of consistency, speed and ability to cope with more data and larger systems.
Ask question A Company produces 150 cars. But the production rate varies with the distribution. Production Rate Probability 147 0.05 148 0.10 149 0.15 150 0.20 151 0.30 152 0.15 15
A series of questionnaire for Delphi were mailed to the selected experts who meet the criteria that mention in above. The overall purpose of the Delphi technique was to achieve the
current economic situation
ABC Bank faces a decision to hire two clerks or lease two automatic teller machines. Service rates of clerk 1 and clerk 2 are 41 customers per hour and 36 customers per hour respec
User Groups: The next step would be to identify more specifically the potential user groups. This may be done on the basis of interviews, questionnaires, study of organisation
meaning,significance of operations research in bussiness management?
what are the models of operational research?
Two Sample Tests In some situation the researchers may be taking statistical decisions based on two samples. Each of the two samples may represent a particular under con
Teesside Construction is developing a schedule for a major building project to start in 04/01/2011 in Middlesbrough, UK. The project manager has identified major activities of the
These models deal with the selection of an optimal course of action given the possible pay offs and their associated probability of occurrence. These models are broadly
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