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Rank Methods Spearman s When the variables under consideration are not capable of quantitative measurement but can be arranged in serial order( ranks) we find correla
ABC Bank faces a decision to hire two clerks or lease two automatic teller machines. Service rates of clerk 1 and clerk 2 are 41 customers per hour and 36 customers per hour respec
Meaning and Definition If a group of N observations is arranged in ascending or descending order of magnitude then the middle value is called median of these observat
Ask questiAvatars are virtual characters that can be used as representatives of a company that is using the Internet as a distribution channel. For instance, avatars can be used as
Question: (a) A company sells three different products X, Y and Z. The company makes a profit of Rs. 35, Rs. 50 and Rs. 60 per unit on products X, Y and Z respectively. The th
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
a)Draw a network for the project. b)Determine the critical path. Activity Duration Activity Duration 1-2 15 5-10 22 1-3 13 6-9 33 1-4 1
Frequency Distribution Graphs Frequency distribution graphs may be histogram frequency polygon frequency curve ogive curve. 1. Histogram The histogram is draw f
Line Balancing Methods - Heuristic Approach Heuristic mean serving to find i.e. to find out discover things for oneself. Heuristic describes a particular approach to problem so
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