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Operation research makes no allowance for intangible factors such as skill attitude vigor of the management people in taking decisions but in many instances success or failure hinges upon the consideration of such non measurable intangible factors. There cannot by any magic formula for getting an answer to management problems much depends upon proper managerial attitudes and policies.
General Rules a. Attractive Shapes The tables should be neat and attractive. The size of table should be neither too big nor small. b. Simplicity A table should b
With practical example
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
Question 1 Describe the objectives of tax planning. Explain the factors to be considered in tax planning. Question 2 Describe the categories in Capital assets. Mr.
cumulative discount factor
In a rectangular game, pay-off matrix of player A is as follows: Player B B1 B2 Player A A1 A2 i) Solve the game. ii) Write down the pay-off matrix of B and th
significance and scope of operation resarch in morden management?
Problem 1 Explain the key elements, which contribute to a sound and effective strategy. >>Explanation of following elements Market Consumers Competition Skil
what is the methodology of operation research?
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