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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.
Yates Correction for Continuity for 2x 2Tables If any cell frequency in 2x 2 table isles than 5thenfor the application of X 2 test it is pooled with the preceding or suc
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
how i do project in linear programming
Write a note on tracing a closed loop. What are the characteristic features of a closed loop?
CRITICAL EXAMINATION OF THE APPLICATION OF DECISION THEORY TECHNIQUES OR MODEL IN BUSINESS DECISION MAKING IN NIGERIA
regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
Family Application specialises in selling major appliances for use in kitchen remodelling. One of its more popular items is the SubZero refrigerator. Over the past 40 weeks, the
1. Determination to enter a new territories. 2. To decide to enter a new market or not. 3. To determine how much production capacity to be builds up. 4. Helpful in
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
Disadvantages of Mode a.It is ill defined. b.It is indefinite and it is some cases impossible to find a definite value. c.It is not based on all observation. So i
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