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Proposals are written for various reasons. They are prepared for different reasons which vary to the extent of details expected, but like research reports, the proposal also often has similar contents. Research proposals give a clear idea of what the researcher plans to do, how and when various tasks are to be accomplished, and whether the researcher is capable of successfully following the proposed plan of action. Proposals are generally evaluated on a number of criteria, including the importance of a research questions, its theoretical relevance, the adequacy of the research methods, the availability of appropriate personnel, facilities and budget.
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
basic requirements for solving linear programing using simplex method
Short Define operations research as a decision-making science
Ask question A Company produces 150 cars. But the production rate varies with the distribution. Production Rate Probability 147 0.05 148 0.10 149 0.15 150 0.20 151 0.30 152 0.15 15
An integer programming problem is identical to a linear programming problem except that one or more decision variables are constrained to take integer values. Such problems cannot
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
Cases are generally based on certain issues and problems. Diagnostic, analytical and decision making skills help in case solution. A case study or case based assessment is designed
Importance of models
Disadvantages of Mode a.It is ill defined. b.It is indefinite and it is some cases impossible to find a definite value. c.It is not based on all observation. So i
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