Replacement models - operation research model, Operation Research

Assignment Help:

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.


Related Discussions:- Replacement models - operation research model

LPP, . A paper mill produces two grades of paper viz., X and Y. Because of ...

. 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

Solve the following linear programming graphically, Problem based on graphi...

Problem based on graphical solution of a given LPP when feasible region is bounded. 1.    Solve the following linear programming graphically; Maximize and minimize z = 60x+

Types of correlation - correlation & regression analysis, Types of Correlat...

Types of Correlation 1. Positive Correlation : When the values  of two variables move  in the  same direction .e.  when an increase in  the values  of one  variables  is ass

Making decision - hypothesis testing, Making Decision Lastly a deci...

Making Decision Lastly a decision  should  be arrived as to whether the null  hypothesis is  to be accepted  or rejected. In  this regard the value  of the test  statistic

Yates correction for continuity for 2x 2tables , Yates Correction for Cont...

Yates Correction for Continuity for  2x 2Tables If any cell frequency in  2x 2 table isles  than 5thenfor the application of X 2 test it  is pooled with the preceding or suc

Mba, in a rectangular game ,pay of matrix of player A is as follows

in a rectangular game ,pay of matrix of player A is as follows

Need answer, A paper mill produces two grades of paper viz., X and Y. Becau...

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

Define franchising, Question 1) What are the advantages of retailing. Writ...

Question 1) What are the advantages of retailing. Write a brief note on retailing in India Question 2) Define franchising. What are the advantages and challenges of franch

Scope., what is the scope of operational research in india ? explain with t...

what is the scope of operational research in india ? explain with the job names.

Manufacturing operation , You are a manager at a medium sized manufacturing...

You are a manager at a medium sized manufacturing operation that sells a customized product directly to the consumers and the data pattern is linear but it can have the occasion ra

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd