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Usefulness of Correlation 1.Correlation is very useful to economists to study the relationship between variables like price and quantity demanded. To businessmen it
Weaning and Definition A systematic arrangement of classified data in labelled columns and rows is known a statistical table. Turtle has given a comprehensive defin
#what are the methods of OR ?
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
CONSIDER A BARBER SHOP WITH ONE CHAIR, ONE BARBER AND NO ROOM FOR CUSTOMER TO WAIT. IF THE CHAIR IS EMPTY WHEN THE CUSTOMER ARRIVES,HE ENTER THE SHOP AND HIS HAIR CUT BEGINS. IF TH
These models are applied to the management ( planning controlling and scheduling ) of large scale projects. PERT/ CPM techniques help in identifying potential trouble spots in
This is a procedure of determining the potential if any for improving each of the non basic variables in terms of the objective function. To determine this potential each of
disadvantages of model in operational research
#q 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
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