Merits - correlation regression analysis , Operation Research

Assignment Help:

Merits

a.It is simple  to understand  and easy  to calculate.

b.It is very  useful  in the  case of data which  are of  qualitative nature  like  intelligence  honesty  beauty efficiency etc.

c.No other methods can be used when ranks are given except this.

d.When the actual data are given this method can also applied.


Related Discussions:- Merits - correlation regression analysis

Maths, Maxz=3x1-2x2 St x1-x2 >_0, 3x1-x2 _0

Maxz=3x1-2x2 St x1-x2 >_0, 3x1-x2 _0

Linear programming, A paper mill produces two grades of paper viz X and Y. ...

A paper mill produces two grades of paper viz X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper in

Survey method, This method involves a systematic and comprehensive study...

This method involves a systematic and comprehensive study of a particular community organization group etc, with a view to the analysis of a social problem and the presen

North west corner rule, North West Corner Rule for Initial Solution: Now ...

North West Corner Rule for Initial Solution: Now by applying North West corner rule we can initial solution. According to this rule without regard to cost consideration the

Chi square test for independence of attribute , Chi Square Test for Indepe...

Chi Square Test for Independence  of Attribute The chi square  test  can be  used to find out  whether two  or more attributes are associated or not. This  test helps  in fin

Carry out resource levelling for equipment resource, Teesside Construction ...

Teesside Construction is developing a schedule for a major building project to start in 04/01/2011 in Middlesbrough, UK. The project manager has identified major activities of the

Linear Programming, b. A paper mill produces two grades of paper viz., X an...

b. A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y pape

Operations research approach to problem solving, Formulation of the Problem...

Formulation of the Problem: Before proceeding to find the solution of a problem, first of all a manager should be competent enough to form an appropriate model. To do so f

Operation research, Operations research is used by manager in making busine...

Operations research is used by manager in making business decisions. What are five each of its merit and demerit that the users need to be aware of?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd