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This is determined by disposable personal income( personal income minus direct taxes and other deductions ). Some people suggest the use of discretionary income in place of
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
Observation and Data Collection for Better Understanding of the Problem: Many times actual observations by trained observers at the scene of operation may be difficult and da
Meaning and Definition If a group of N observations is arranged in ascending or descending order of magnitude then the middle value is called median of these observat
process of operation research
Regression Line The line of regression is the line which give the best estimate to the values of one variable for any specific values of other variable. For t
we have three reservoirs with daily supplies of15, 20 and 25 litres of fresh water respectively. on each day we must supply four cities A B C D whose demands are 8 10 12 and 15 res
Maximize p = (3)x + 2y subject to 2x + y 3x + 4y >= 12
A company manufactures 2 kinds of hats. Each hat of the I type needs twice as much as labour time as the II type. The company can manufacture a sum of 500 hats a day. The market re
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