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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
Ask questiAvatars are virtual characters that can be used as representatives of a company that is using the Internet as a distribution channel. For instance, avatars can be used as
This method is more systematic and orderly than least cost method. Here penalties for each column and row of the transportation table are determined, and the row or column with
what is meant by Application Areas of Linear Programming?
a. Determine the following with respect to decision making approaches: (i) Group decision making (ii) Directive, analytic, conceptual and behavioral decision making styles (8
Characteristics a. Discrete Distribution: Like binomial distribution it is also a discrete probability i e, occurrences can be described by a random variable. b.
Case Study - Experimental Design Dental Clinic A leading dental clinic with three well qualified dentists is seriously considering keeping in touch with its pat
Analysis of Available Information and Verification of Hypothesis: most of the time that a scientist spends in training is devoted to learning how to analyze and int
Model building is the essence of the operations research approach? Discuss. question #Minimum 100 words accepted#
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