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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.
b. 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 pape
role of computer software operation research
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
These models are used when one must decide the optimal time to replace equipment for one reason or the other for instance, in the case of equipment whose efficiency dete
Operation research is only a Tool of Analysis and Not the Complete Decision making Process: It should always be kept in mind that O. R alone cannot make the final decision . it
Convenience Sampling In convenience sampling selection the researcher chooses the sampling units on the basis of convince or accessibility. It is called accidental
Requisites of a Good Scientific Methods The essentials of a good scientific methods as summed up by the advisory committee on economic and social research of the council of
The action phase consists of making recommendations for remedial action to those who first posed the problem and who control the operations directly. These recommendatio
Briefly discuss the concept of Reporting Entity in SAC 1 How asset is defined and recognised under the AASB Framework? Silver Developers Ltd is a property development company
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