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

Purchasing, need of detailed information about the topic

need of detailed information about the topic

Game thoery, In a rectangular game, pay-off matrix of player A is as follow...

In a rectangular game, pay-off matrix of player A is as follows: i) Solve the game. ii) Write down the pay-off matrix of B and then, solve the game.

Research process and methodology , Case Study - Research Process Tomz...

Case Study - Research Process Tomzak  and Hale  inc was a medium sized  marketing  research firm  located  in a large mind western  city. Bob Lynn a marketing  vice president

Posson distribution - probability distribution , POSSON DISTRIBUTION ...

POSSON DISTRIBUTION   In binomial  distribution the value of n was  finite. But  there are few  problems  when  cannot  be estimated. So in these  binomial  distribution

Environmental demands, Problem 1 Explain the key elements, which contri...

Problem 1 Explain the key elements, which contribute to a sound and effective strategy. >>Explanation of following elements Market Consumers Competition Skil

Properties of normal distribution - probability distribution, Properties of...

Properties of Normal Distribution a.It is a continuous  probability  distribution having  parameters m and . b.The normal  curve is perfectly symmetrical about  the mean (

Simplex solution, difference between simplex solution procedure for maximis...

difference between simplex solution procedure for maximisation and minimisation

What do you understand by the term queueing theory, Question: (a) (i) W...

Question: (a) (i) What do you understand by the term ‘queueing theory'? Give two real life examples to illustrate your answer. (ii) Outline the five components involved in

Game theory , 3 In a rectangular game, pay-off matrix of player A is as f...

3 In a rectangular game, pay-off matrix of player A is as follows:

Linear programming., Q3. Solve the following Linear Programming Problem usi...

Q3. Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 4 X

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