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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
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 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 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 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
in a rectangular game ,pay of matrix of player A is as follows
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
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
what is the scope of operational research in india ? explain with the job names.
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
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