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Scattered Responsibility and Authority: In a big industry responsibility and authority of decisions making is scattered throughout the organization and thus the organization. If it is not conscious may be followings inconsistent goals. Mathematical quantification of OR overcomes this difficulty also to a great extent.
G. Ambler has € 10000 available for a second hand car, but would like to buy a fast car that costs € 25000. He needs the money for that car quickly, and would like to increase his
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nature and types of problems
Discuss the methodology of operation research
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Disadvantage of standard Deviation It is not easy to understand and calculate. It gives more weight to the extremes and less to the items nearer to mean. Since
Question : Suppose that you want to invest $10000 in the stock market by buying shares in one of two companies: A and B. Shares in Company A are risky but could yield a 50% ret
3. Explain ‘Vogel Approximation Model (VAM)’.? answer please
Scope of the OR techniques can be derived in followings various importance fields: 1. In Agriculture : With the explosion of population and consequent shortage of food O
A PAPER MILL PRODUCES TWO GRADES OF PAPER VIZ, X AND Y. BECAUSE OF RAW MATERIALS RESTRICTIONS, IT CANNOT PRODUCE MORE THAN 400 TONS OF GRADE X PAPER AND 300 TONS OF GRADE Y PAPER I
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