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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.
models of inventory management
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
#what is the similarity and difference between transportation and linear programing models?
what is meant by Application Areas of Linear Programming?
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
Scope of operations research
Deviation Taken from Assumed Mean This methods is assorted when the arithmetic average is a fractional value. Taking deviation from fractional value would be a ver
Method of calculation of Mode Calculation of Mode Individual series: For determining mode count the number of times the various values repeat themselves and the va
Importance of Normal Distribution Normal distribution plays a very important role in statistical theory and in particular in sampling theory. It has been found th
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