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classification on the bases of function or purpose
what are the different types
Operation Research may be regarded as a tool which is utilized to increase the effectiveness of the management decisions. O R is objective supplement to the subjective feeling
explain characteristic of operation of research.
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
Meaning of Research Report Research report is the process of communicating the results of an investigation it is a document which reflect about the research conducted a
Each day you own 0 or 1 stocks of certain commodity. The price of the stock is a stochastic process that can be modeled as a Markov chain with transition rates as follows
McColvin's Principles: L.R McColvin advanced his Demand and Supply Theory of Book Selection in 1925. He states, "Books in themselves are nothing. They have no more meaning tha
how to solve it
Graphs of Time Series A time series is a sequence of values corresponding to successive points of time. Time series are graphed with time on the x axis and the oth
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