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The systematic methodology developed for an operation research study with problems involving conflicting multiple objective policies and alternatives. Operation research in the final analysis is a scientific methodology which is applied to the study of the operations of large complex organizations or activates with a view to assessing the overall implications of various alternative course of action thus providing an improved basis of managerial decisions.
make a research project for modern day companies on how they can make decisions using decision analysis
Problem The important task ahead of the researcher is to document the entire work done in the form of a well-structured research report. Describe in brief the components of a R
Given an inventory system where Yearly demand = 120 units Ordering cost = Sh. 45 Price per unit = Sh. 200 Annual carrying cost = 24% of the unit cost Determine The economic or
give me an example of pre-modelling, modelling and post modelling phases
Explian scope and concept of Operations research?
we have three reservoirs with daily supplies of15, 20 and 25 litres of fresh water respectively. on each day we must supply four cities A B C D whose demands are 8 10 12 and 15 res
Scattered Responsibility and Authority: In a big industry responsibility and authority of decisions making is scattered throughout the organization and thus the organization.
Scientific research is building of knowledge through collection of empirically verifiable facts. The term verifiable here means which can be checked by others for accuracy
Advantages of Mode a.It is easy to understand as well as easy to calculate. In can be found out by inspection. b.It is usually an exacta value as it occurs most fre
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
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