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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.
Data Management As your research project progresses you will quickly gather more and more data. These need to be managed in such a way that they can be accesses and
scope of operation research in management
Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assignment
Demerits a.It cannot be used in the case of bi variate distribution. b.If the numbers of items are greater than say 30, the calculation becomes tedious and requ
Use Big M method to Maximize(Z)=3_(x_1 )+2_(x_2 ) Subject to 3_(x_1 )+?1.5?_(x_2 )=30 x_1+x_2=20 x_1=0 x_2=0
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
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In a big industry the numbers of factors influencing a decision have increased situation has become big and complex because these factors interact with each other in complica
scope of the operation research in modern management?
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