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Data and Information: The term "data" (plural form of datum) refers to "an individual fact, statistic, or a piece of information or a group or a body of facts, statistics or t
Scope of operation research?
Using Software for Analysis Grouping and Displaying Data to Convey Meaning Normal 0 false false false EN-IN X-NONE X-NONE
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 be
Provide a description of the macroeconomic environment in which the business operates noting: a) The overall 'stability' of the political system/government of the country in whi
A certain type of machine breaks down at an average rate of 5/hour. the break down is in accordance with Poisson process.cost of idle machine hour is $15/hour. 2 repairmen Peter an
Question: (a) Distinguish between (i) a single-channel and a multiple-channel waiting line; (ii) a birth and a death process with regard to queueing theory. (b) Explain
wha
Demerits of Range a.It gives importance to the two extreme values and is very much affected by the extreme items. b.The range provides no information about the st
The demand of ice cream during the three summer months (June, July, and August) at All-Flavors Parlor is estimated at 500,600, and 400 20-gallon cartons, respectively. Two wholesal
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