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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
Scope of operation research?
simple Size When a survey is undertaken and it is not possible to cover the entire population, the marketing researcher has to answer a basic question - how large s
1) Provide an overall description of the business and the competitive environment in which it operates. You should describe: a) what type of business it is (e.g. retail, manuf
Assumption for students Test a.The parent population from which the samples is drawn in normal. b.The sample observations are random i ,e the given sample is drawn
Determination of effectiveness Measures: Effectiveness measure is a measure of success of a model in representing a problem and providing a solution. It is the connecting link
Uncertainly : There is a great uncertainly about economic and general environment. With economic growth uncertainty is also growing's. this makes each decisions costlier
model building is the essence of the operational research discuss
Rank Methods Spearman s When the variables under consideration are not capable of quantitative measurement but can be arranged in serial order( ranks) we find correla
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