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These models are used when one must decide the optimal time to replace equipment for one reason or the other for instance, in the case of equipment whose efficiency deteriorates with time or fails immediately and completely. For example in case of an automobile the user has his own measure of effectiveness. So there will not be a single optimal answer for everyone even if each automobile gives exactly the service.
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
Convenience Sampling In convenience sampling selection the researcher chooses the sampling units on the basis of convince or accessibility. It is called accidental
significance and scope of operation resarch in morden management?
Research Project I will assign a project for your class. The following description is an example of such a project. I may select the following company, may select a different c
What are the computer applications of transportation and assignment problem
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
Introduction to Probability Distribution By theoretical distribution we mean a frequency distribution which is obtained in relation to a random variable by some mathem
what is the methodology of operation research?
need of detailed information about the topic
In the judgement phase due care must be given to define correctly the frame of references of the operation. Objectives and values, whether economic social or aesthetic shoul
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