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operation research scope
Drury's Principles: The basic principle, which still governs the selection of reading material for a library, was enunciated by Drury in 1930. It states: "To provide the righ
Characteristics a. Discrete Distribution: Like binomial distribution it is also a discrete probability i e, occurrences can be described by a random variable. b.
Variables A concept which varies is variable. These can be different in quantitative values. For example, weight, height, income are examples of variables. Qualitative phenom
management wants to know how many supervisors should be hired, and what could be the optimum workload distribution to be applied, given a number of constraints
models of inventory management
Merits a.It is simple to understand and easy to calculate. b.It is very useful in the case of data which are of qualitative nature like intelligence honesty be
Advantages of Standard deviation a.Standard deviation is based on all the observations and is rigidly defined. b.It is amenable to algebraic treatment and possesses
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