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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.
User Groups: The next step would be to identify more specifically the potential user groups. This may be done on the basis of interviews, questionnaires, study of organisation
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Level of Significance In testing a given hypothesis the maximum probability with which we would be willing to take risk is called level of significance of the test.
In your role as a Consultant to a renowned organisation or institution, you have been asked to design and submit a research proposal to examine the future sustainability of its bus
Question: Machine A costs Rs. 9000. Annual operating costs are Rs. 200 for the first year, and then increase by Rs. 2000 every year. Suppose that the machine has no resale valu
What is linear programming
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scope of operation research in management
Task1:- A company is currently involved in negotiation with its union on the upcoming wage contract. Positive signs in the table represent wage increase while negative sign represe
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