operational research model, Operation Research

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characteristics of operational research model

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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

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Advantages of Standard  deviation a.Standard  deviation is based on all the observations and is rigidly  defined. b.It is  amenable to algebraic  treatment  and possesses

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Z-Test Prof. Fisher has  given a method  of testing the significance of the correlation coefficient in small  samples. According  to this method the  coefficient of correlation

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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

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Deviation Taken from Assumed Mean This methods  is assorted  when the  arithmetic  average  is a  fractional value. Taking  deviation from  fractional value would  be a ver

Model, disadvantages of model in operational research

disadvantages of model in operational research

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RANGE Range  is the difference  between  the highest  and the  lowest  value is  series. This is the simplest  absolute measure  of dispersion. Symbolically  : R= L- S

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