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These models are applied to the management ( planning controlling and scheduling ) of large scale projects. PERT/ CPM techniques help in identifying potential trouble spots in a project through the identification of the critical path. These techniques improve project co ordination and enable the efficient use of resources, network methods are also used to determine time cost trade off resource allocation and updating of activity times.
Explain Decision Making Process. Decision Making Process: A good decision can only be prepared as a result of a rational decision making process. The different stages of the
Uses of Mode The use of the mode is recommended in the following situations: a.When a quick and approximate measures of central tendency desired. b.When the measure
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
Answering Question to Finding Shortest Path - Operation Research Assignment Help Finding answers for shortest path problems are quite interesting and not easy to solve. In solv
O.R REPLACES MANAGEMENT BY PERSONALITY
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
Tied Ranks Equal or Repeated Rank When two or more items have equal values it is difficult to give ranks to them. In that case the items are given the average of the
A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a we
Scope of operation research?
Step 1: Research Towers of Hanoi problem The Towers of Hanoi is a problem frequently used to teach recursive programming techniques. Step 2: Run the assembly code from Hanoim
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