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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.
Question : (a) (i) What do you understand by the term "operations research"? (ii) Discuss three common operations research models. (b) Self-service at the university c
What are artificial variable why do you need them
The systematic methodology developed for an operation research study with problems involving conflicting multiple objective policies and alternatives. Operation research in
need of detailed information about the topic
Disadvantages of Mode a.It is ill defined. b.It is indefinite and it is some cases impossible to find a definite value. c.It is not based on all observation. So i
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
how Network Scheduling solving a real problem in a real business .
These models are used to develop a method to evaluate the merit of alternative courses or action by representing with a mathematical model of the problems where various variab
Degree of Correlation ship 1. Perfect Correlation: When changes in two related variables are exactly proportional there is perfect correlation between them. In case
#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
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