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a pipe lis dur for rpair,the repair would cost 10000 and it would last for 3 years.alternatively a new pipe line can be purchase at 30000 for 10 years.assuming 10% depriciation rat
is model the essence of oprational research.
Explain why it may be advantageous to build models to help in solving a decision problem.
What is meant by a mathematical model of a real situation? Discuss the importance of models in the solution of Operations research problems
One Sample Tests The one sample test is applied to a situation where only a single sample ( one sample) is taken from a population in this test the researcher may be tak
Question: (a) (i) What do you understand by the term ‘queueing theory'? Give two real life examples to illustrate your answer. (ii) Outline the five components involved in
state phases of operations research and and their importance in solving problems
The demand of ice cream during the three summer months (June, July, and August) at All-Flavors Parlor is estimated at 500,600, and 400 20-gallon cartons, respectively. Two wholesal
A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a we
An electro-mechanical product for use in a vehicle has been in widespread use for some time and has proved popular with customers, in terms of its operational performance and price
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