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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.
Degree of Correlation ship 1. Perfect Correlation: When changes in two related variables are exactly proportional there is perfect correlation between them. In case
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
A company manufactures two types of printed circuits. The requirements of transistors, resistors and capacitor for each type of printed circuits along with other data are given in
Case Study Methods: It is studying the phenomenon event situation or development through a thorough and detailed analysis or intensive study. The case may be an individual a gr
Operation research makes no allowance for intangible factors such as skill attitude vigor of the management people in taking decisions but in many instances success or fail
Inflation Inflation is a general increase in the price of goods and services. The inflation rate, as measured by the
Preparation of Script The most tedious and arduous takes is the preparation of the script. While you have all the ideas and points will should stored up in the mi
what is pert and cpm?
meaning,significance of operations research in bussiness management?
Maximize Z =3x+4x subject to x1+x2 =3 2x1+3x2 =4 x1,x2 =0
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