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Observation and Data Collection for Better Understanding of the Problem:
Many times actual observations by trained observers at the scene of operation may be difficult and dangerous too. If time permits operational experiments simulating the actual problem should be set up. Where the information regarding to problem cannot be obtained the analyst with the incomplete data at hand should try to find the missing parts of the problem.
Question 1) What are the advantages of retailing. Write a brief note on retailing in India Question 2) Define franchising. What are the advantages and challenges of franch
Dynamic programming may be considered thoutgrowth of mathematical programming and involves the optimization of multistage( sequence of inter related decisions) decision process
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
explain operation research with example.and also discuss the scope of OR in modern management.
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the application areas of linear programming
A DRUG MANUFACTURER produces 2 products X1 and X2.X1 needs 2 hours on machine A AND 2 HOURS ON MACHINE B.X2 needs 3 hours on machine A and 1 hour on machine B.If machine A can run
mile-high microbrewery makes a light beer and a dark beer. mile-high has a limited supply of barley, limited bottling capacity, and a limited market for light beer. profits are $0.
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