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

QUANTITATIVE ANALYSIS, Ask queA manufacturing firm has discontinued product...

Ask queA manufacturing firm has discontinued production of a certain unprofitable product line. This created considerable excess production capacity. Management is considering to d

Non parametric tests - hypothesis testing, NON PARAMETRIC TESTS All  ...

NON PARAMETRIC TESTS All  practical  data follow normal distribution under  such situations can estimate the  parameters such  as mean  variance etc ,,, and use the  standard

Assignment problem, Six Operators are to be assigned to five jobs with the ...

Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assignment

Line balancing methods - heuristic approach, Line Balancing Methods - Heuri...

Line Balancing Methods - Heuristic Approach  Heuristic mean serving to find i.e. to find out discover things for oneself. Heuristic describes a particular approach to problem so

LP - Assignment problem, I have looked at Hungarian algorithm to solve assi...

I have looked at Hungarian algorithm to solve assignment problem, but it seems like it is limited to 1-to-1 assignment. I would like to know how to do 1-to-3 assignment.

BIG M, Minimize: 60P + 120Q Subject to: 2P + 3Q >10 P + 4Q >12 P, Q> 0

Minimize: 60P + 120Q Subject to: 2P + 3Q >10 P + 4Q >12 P, Q> 0

Goal programming, A farmer in the Midwest has 1,000 acres of land on which ...

A farmer in the Midwest has 1,000 acres of land on which she intends to plant corn, wheat, and soybeans. Each acre of corn costs $100 for preparation, requires 7 worker-days of la

B. A paper mill produces two grades of paper viz., b. A paper mill produces...

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

I need answer for the below question, A paper mill produces two grades of p...

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

Distribution methods, 1: explain vogel''s approximation method? 2: explain ...

1: explain vogel''s approximation method? 2: explain optimality test?

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