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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.
..c++ program in Bid M method
INFORMATION AND OTHER RELATED CONCEPTS - THEIR MEANING AND CHARACTERISTICS: You may often hear or read in newspapers and other popular magazines about "exponential growth of i
impact of operation research
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
.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
a paper mill produce two grades of paper viz., X and Y. because of raw material restrictions, it cannot produce more than 400 tona of grade X and 300 tons of grade Yin a week. ther
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
Dual formulation is done for a number of reasons. The solution to a Dual problem provides all essential information about the solution to the Primal problem. A so
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scope of operation research in insutry and defence
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