Simulation models - operation research model, Operation Research

Assignment Help:

These models are used to develop a method to evaluate the merit of alternative courses or action by representing with a mathematical model of the problems where various variables are random. That is these provide a means for generating representative samples of the measures of performance variable. Such repetition of the process by using the simulation models provides an indication of the merit of alternative course of action with respect to the decision variables.


Related Discussions:- Simulation models - operation research model

Replacement theory.., a pipe lis dur for rpair,the repair would cost 10000 ...

a pipe lis dur for rpair,the repair would cost 10000 and it would last for 3 years.alternatively a new pipe line can be purchase at 30000 for 10 years.assuming 10% depriciation rat

Simplex method, Solve the following Linear Programming Problem using Simple...

Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Assigment , b. A paper mill produces two grades of paper viz., X and Y. Bec...

b. 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 pape

Research methodology, The influence of daily life of keeping dogs Part ...

The influence of daily life of keeping dogs Part a) Qualitative data analysis: These activities are aimed at developing skills in basic qualitative data analysis Inte

Higher order table, Higher Order  Table   When  three  or more  charac...

Higher Order  Table   When  three  or more  characteristics are represented in the same  table such a table  is called  higher order table. The  need  for such  a table arises

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

Case Analysis, Ask question #Minimum 100 woRead this article and then write...

Ask question #Minimum 100 woRead this article and then write a three-page summary of the application (problem definition, objective function constraints, decision variables, etc.)

LINEAR PROGRAMMING, A DRUG MANUFACTURER produces 2 products X1 and X2.X1 ne...

A DRUG MANUFACTURER produces 2 products X1 and X2.X1 needs 2 hours on machine A AND 2 HOURS ON MACHINE B.X2 needs 3 hours on machine A and 1 hour on machine B.If machine A can run

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

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 - report writing presentation, Meaning of Resear...

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

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