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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.
Select one of the topics listed 1-6 below and outline a programme of quantitative research for its investigation. The assignment should cover issues of sample design, instrumen
Consider the LP min ?? = 50??1 + 100??2 3 ??.??. 7??1+2??2=28 2??1+12??2=24 ??1,??2=0 a. A basic solution of the constraint equations of this problem has how many basic variables,
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
These models are used for analyzing a system which changes over a period of time among various possible outcomes or states. The models while dealing with such systems describe tra
Form of t- Distribution 1. The students t - distribution like the normal distribution has bell shaped frequency curve which is symmetrical. The only parameter which det
Small Sample The central limit theorem does not work well with small samples even if the population in non Gaussian. So we cannot rely on the central limit theorem
USE SIMPLE METHOD TO SOLVE THE FOLLOWING LPP MAXIMISE Z=4X1+10X2 SUBJECT TO CONSTRAINS, 2X1+X2 2X1+5X2 2X1+3X2 X1, X2>0
#qudistinguish between histogram and historigram estion..
what is meant by Application Areas of Linear Programming?
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