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High Costs are Involved in the Use of O. R Techniques:
O. R techniques usually prove very expensive. Services of specialized persons are invariably called for ( and along with it the use of computer0 while using O. R. Techniques as such only big concerns can think of using such techniques. Even in big business organization se can expect that O. R techniques will continue to be of limited use simply because they are not in many cases worth their cost. As opposed to this a typical manager excursing intuition and judgment may be able to make a decision very inexpensively. Thus the use of O. R. Is a costlier affair and this constitutes an important limitation of O. R.
The scientific method in O R study generally involves the followings three phases: 1. Judgment phase, 2. Research phase 3. Action phase
regression line drawn as y=c + 1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
models in operation research
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Ask questiAvatars are virtual characters that can be used as representatives of a company that is using the Internet as a distribution channel. For instance, avatars can be used as
significance of operation research in modern management
Solve the following Linear Programming Problem using Simplex method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
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
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