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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.
Telephone calls arrive at a switchboard in a Poisson process at the rate of 2 per minute. A random one-tenth of the calls are long distance. (a) What is the probability of at least
Steps of Research Proposal Proposal Content The researcher is always given instructions for preparing a proposal that indicate the format to be followed. Funding agencie
scope of operation research in management
A paper mill produces two grades of paper viz., X & Y. Because of raw material restrictions, it cannot produce more 400 tons of grade X paper & 300 tons of grade Y paper in a week.
LIMITS OF TRANSPOTATION PROBLEM
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
A FIRM MANUFACTURES HAEDACHE PILLS IN TWO SIZE A AND B
disadvantages of modeling in operational research
Demerits of Range a.It gives importance to the two extreme values and is very much affected by the extreme items. b.The range provides no information about the st
One Sample sign Test In a one sample test the null hypothesis μ = μ 0 against an appropriate alternative on the basis of a random sample of size n we replace each sam
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