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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.
Uses of Mode The use of the mode is recommended in the following situations: a.When a quick and approximate measures of central tendency desired. b.When the measure
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 i
layout of any retailer shop and the reasons for the layout
scope of operation research in management
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
advantage of quality circle process
Usefulness of Correlation 1.Correlation is very useful to economists to study the relationship between variables like price and quantity demanded. To businessmen it
How much does cost for developing a simple model using Simuli 8 software and 2 pages write up (Explaining model). This is for my university assignment. For example last year assig
QUESTION 1 Change strategies and OD intervention techniques follow from diagnosis. An inappropriate intervention due to a faulty diagnosis may be very costly to an organization
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