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Discuss the methodology of operation research
Goal Programming This provides a more realistic model. In a modern setting, profit maximization may not be the only objective of a business concern. Other objectives or goals c
Chi square Test for the Population variance When we want to test that a random sample has been drawn from a normal population having specified variance then X2 statist
Knowledge: The dictionary definition of knowledge is 'organised body of information or the comprehension and understanding, consequent on having acquired an organised body of
There is no unique set of problems which can be solved by using operations Research Models r techniques. Several operations Research Models or techniques can be grouped into some b
Decision making is not only the headache of management rather all of us make decisions. We daily decide about minor issues. The essential characteristics of all decisions
explain operation research with example.and also discuss the scope of OR in modern management.
I''m getting a negative value in the one of the Supply/Stock columns while solving a problem in Vogel''s approximation method. Is it possible or am I doing anything wrong?
For every LP formulation there exists another unique linear programming formulation called the 'Dual' (the original formulation is called the 'Primal'). Same data
Given an inventory system where Yearly demand = 120 units Ordering cost = Sh. 45 Price per unit = Sh. 200 Annual carrying cost = 24% of the unit cost Determine The economic or
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