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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
b. 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 pape
Disadvantage of standard Deviation It is not easy to understand and calculate. It gives more weight to the extremes and less to the items nearer to mean. Since
REPORT WRITING The final step in research is to report the study findings to those who authorized the investigation. The American marketing association is of the opinion t
Model building is the essence of the operations research approaches?
Sample Size in Non Propbability The probability selection does not apply to purposive selection. The size of the non probability samples is selected in a subjective ma
After having studied as to what is operations research we shall now try to answers why its need has been felt by the industry. As already tainted out science of OR came
How do we determine EOQ?
Characteristics a. Discrete Distribution: Like binomial distribution it is also a discrete probability i e, occurrences can be described by a random variable. b.
Operation Research may be regarded as a tool which is utilized to increase the effectiveness of the management decisions. O R is objective supplement to the subjective feeling
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