Operations research approach to problem solving, Operation Research

Assignment Help:

Formulation of the Problem: Before proceeding to find the solution of a problem, first of all a manager should be competent enough to form an appropriate model. To do so followings information are needed:

a. Decision Maker

b. Objectives

c. Controllable Variables

d. How do uncontrollable variables affect the possible solution?

e. Constraints or restrictions on the variable

f. Alternative course of action

g. Measurements of effectiveness


Related Discussions:- Operations research approach to problem solving

Linear programing, Maximize6x1+8x2+5x3,st,labour3x1+4x2+5x3 =0 then brefly ...

Maximize6x1+8x2+5x3,st,labour3x1+4x2+5x3 =0 then brefly explain x1,x2,x3;term labour,metal&plastic;the160hours;x1,x2&x3>=0

General rules, General Rules a. Attractive Shapes The tables  should ...

General Rules a. Attractive Shapes The tables  should be  neat  and  attractive. The size of  table  should be neither too big nor  small. b. Simplicity A table  should b

Preparation of visual aids , Preparation of visual Aids ,Handouts and Feedb...

Preparation of visual Aids ,Handouts and Feedback Forms It is   always  better to prepare  visual  aids much  in advance of the presentation. Leaving  them for the  last mo

MODERN MANAGEMENT, DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH...

DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH IN MODERN MANAGEMENT

Steps of research process, Steps of Research Process The steps of resear...

Steps of Research Process The steps of research process have already been discussed in theory. Here we shall outline the procedure of conducting the research. i) Formulate t

RJR NABISCO, WOULD YOU RECOMMEND FOCUS GROUPS OR SOME OTHER RESEARCH DESIGN...

WOULD YOU RECOMMEND FOCUS GROUPS OR SOME OTHER RESEARCH DESIGN IN THIS SITUATION

Purchasing power of customers, This is determined by disposable personal ...

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

Linear programming, A paper mill produces two grades of paper viz., X and Y...

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

Merits - correlation regression analysis , Merits a.It is simple  to ...

Merits a.It is simple  to understand  and easy  to calculate. b.It is very  useful  in the  case of data which  are of  qualitative nature  like  intelligence  honesty  be

Calculation of standard deviation - continuous series, Calculation of Stand...

Calculation of Standard Deviation - Continuous Series: In the continuous series the methods of calculation standard deviation is almost the same as in a discrete frequency distrib

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