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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.
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
Method of Concurrent Deviations The coefficient of concurrent deviation or coefficient of correlation b the concurrent deviation methods is given by the formula. R
Question: (a) A company sells three different products X, Y and Z. The company makes a profit of Rs. 35, Rs. 50 and Rs. 60 per unit on products X, Y and Z respectively. The th
the dual form of the following lpp min z=3x1+2.5x2 constraints:2x1+4x2>=40, 3x1+2x2>=50 and x1,x2>=0
This methods studies development from simpler forms through a long series of a small change. Each change by itself results in minor modification in the phenomenon but the
Books a. One author : Authors last name first name title of books place of publication: publisher copyright data page numbers used. b. Two Author : First author la
CRITICAL EXAMINATION OF THE APPLICATION OF DECISION THEORY TECHNIQUES OR MODEL IN BUSINESS DECISION MAKING IN NIGERIA
Rephrasing the Research Problem Finally as a researcher you should rephrase the research problem. Once you have followed all the four steps above, i.e., 1) You have clear
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