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Problem: A policy maker is considering several policy options that lead to different utility levels of different individuals
a) Which Policy is would be optimal according to the Utilitarian criterion?
b) Which Policy would be optimal according to the Rawlsian social welfare function?
c) Are any of the policies pareto improvements relative to another Policy? If so which?
d) What is the Set of Pareto Optimal policies?
solve the LPP using simple method, maximize z= 3x1+2x2 subject to constraints
#what is the similarity and difference between transportation and linear programing models?
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INFORMATION RESOURCES: Information resources are of two kinds, namely, Documentary and Non-Documentary Sources. Documentary Sources: A document embodies thought. I
#use the simple method to solve the following L.P.P. Maximize Z =4X1 +10X2 subject to constraints, 2X1 +X2 2X1+5X2 2X1 +3X2 X1,X2 > 0
Medical Industry Payments to Physicians The relationships between physicians and medical related companies in the United States, generally acknowledged to be familiar given th
Introduction to Probability Distribution By theoretical distribution we mean a frequency distribution which is obtained in relation to a random variable by some mathem
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