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These models are used to develop a method to evaluate the merit of alternative courses or action by representing with a mathematical model of the problems where various variab
QUARTILES The three points on the scale of observation ( or values of the variable) which divide the total frequency into four equal parts are called quartiles for t
different classification of models in operation research
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
Demerits a.It cannot be used in the case of bi variate distribution. b.If the numbers of items are greater than say 30, the calculation becomes tedious and requ
CONSIDER A BARBER SHOP WITH ONE CHAIR, ONE BARBER AND NO ROOM FOR CUSTOMER TO WAIT. IF THE CHAIR IS EMPTY WHEN THE CUSTOMER ARRIVES,HE ENTER THE SHOP AND HIS HAIR CUT BEGINS. IF TH
After testing the model and its solution the next step of the study is to establish control over the solution by proper feedback of the information on variables which deviated
A company manufactures 2 kinds of hats. Each hat of the I type needs twice as much as labour time as the II type. The company can manufacture a sum of 500 hats a day. The market re
Data Collection / Requirement Gathering Methods 1. Discuss about the data collection or requirements gathering methods that will be used to conduct the research. 2. Discus
Provide a description of the macroeconomic environment in which the business operates noting: a) The overall 'stability' of the political system/government of the country in whi
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