Operation research techniques, Operation Research

Assignment Help:

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.


Related Discussions:- Operation research techniques

Phase of operation research, The scientific method in O R study generall...

The scientific method in O R study generally involves the followings three phases: 1. Judgment phase, 2. Research phase 3. Action phase

Linear regression, regression line drawn as y=c + 1075x, when x was 2, and ...

regression line drawn as y=c + 1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual

Characteristics of good average, Characteristics  of Good Average a. ...

Characteristics  of Good Average a. It should  be Rigidly  Defined  An average should  be rigidly defined so that  there is  no confusion  in regard  to its  meaning  and con

Theoretical framework, Ask questiAvatars are virtual characters that can be...

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, significance of operation research in modern management

significance of operation research in modern management

Simplex method, Solve the following Linear Programming Problem using Simple...

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

Determine the optimal assignment, Six Operators are to be assigned to five ...

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

Line balancing methods - heuristic approach, Line Balancing Methods - Heuri...

Line Balancing Methods - Heuristic Approach  Heuristic mean serving to find i.e. to find out discover things for oneself. Heuristic describes a particular approach to problem so

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd