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Model building is the essence of the operations research approaches?
state phases of operations research and and their importance in solving problems
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
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?
Each day you own 0 or 1 stocks of certain commodity. The price of the stock is a stochastic process that can be modeled as a Markov chain with transition rates as follows
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
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
Model building is the essence of operation research approach. Comment
Discuss the methodology of operation research
a. Explain the method of "Taylor's Scientific Management". List the elements of Taylor's Scientific Management. b. List the necessary managerial functions of a Manager. Explain.
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