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1) Provide an overall description of the business and the competitive environment in which it operates. You should describe: a) what type of business it is (e.g. retail, manuf
Chi Square Test ( X 2 ) Chi Square Test Defined the chi square test is one simplest and most commonly used non parametric tests in statistical work. The Greek letter X 2
Ask 7:23 PM Docx Reader GROUP-7 1. A firm manufactures two products A & B on which the profits earned per unit is Rs.3 and Rs.4. Each product is processed on two machines Miand M2.
Disadvantages of Mean Deviation a.Mean deviation ignores the algebraic signs of the deviations and such it is not capable of further algebraic treatment. b.It is no
A company is planning its advertising strategy for the next year for its three major products.
Problems based on solution of a given LPP when it has multiple optimal solution: 1. Find the maximum and minimum values of 5x+2y, subject to the constraints -2x-3y ≤ -6
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
scope of operation research in management
Maximize p = (3)x + 2y subject to 2x + y 3x + 4y >= 12
Limitation The report should also point out the main limitation of the research reported therein. This will be helpful to the reader who can form his own opinion
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