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What is meant by a mathematical model of a real situation? Discuss the importance of models in the solution of Operations research problems
Advantages of Mode a.It is easy to understand as well as easy to calculate. In can be found out by inspection. b.It is usually an exacta value as it occurs most fre
applications
#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
A certain type of machine breaks down at an average rate of 5/hour. the break down is in accordance with Poisson process.cost of idle machine hour is $15/hour. 2 repairmen Peter an
NON PARAMETRIC TESTS All practical data follow normal distribution under such situations can estimate the parameters such as mean variance etc ,,, and use the standard
Meaning of Linear programming problem and explanation of graphical method of solving Linear Programming Problem
Question: Machine A costs Rs. 9000. Annual operating costs are Rs. 200 for the first year, and then increase by Rs. 2000 every year. Suppose that the machine has no resale valu
Task1:- A company is currently involved in negotiation with its union on the upcoming wage contract. Positive signs in the table represent wage increase while negative sign represe
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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