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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.
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
High Costs are Involved in the Use of O. R Techniques: O. R techniques usually prove very expensive. Services of specialized persons are invariably called for ( and along w
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
Cost- sampling decisons σ x¯ =S/√n Where is the standard error of he mean is the standard devaluation of the population and n is t
Techniques of Observation Method Observation always involves some interaction between respondent and researcher in which researcher has an opportunity to watch respondent fu
The Omega company, Brisbane, produces potato chips, corn, cheese twists, and popcorn. These products are made in Brisbane and then shipped to company warehouses and distribution ce
#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
explain the different techniques as operation research
A paper mill produces two grades of paper viz., X and Y. Because of raw each) material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of g
marginal rate of substitution, degeneracy and degenerate solution
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