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

Model., is model the essence of oprational research.

is model the essence of oprational research.

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

Chart the historical prices based on the monthly data, Choose a publicly tr...

Choose a publicly traded company (NYSE, AMX, or OTC) that interests you. If you don't know how to choose a company, think of IBM, DELL computer, Nike, Apple computer, GM, Ford, Nok

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

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

Models in operation research, models in operation research

models in operation research

Characteristics of good average, Characteristics of Good Average a. ...

Characteristics of Good Average a. It should be Rigidly Defined An average should be rigidly defined so that there is no confusion in regard to its meaning and con

Model building, Model building is the essence of the operations research ap...

Model building is the essence of the operations research approach? Discuss. question #Minimum 100 words accepted#

CORE TECHNOLOGY TO WATCH IN FUTURE, AI TECHNOLOGY''S CURRENT AND POTENTIAL ...

AI TECHNOLOGY''S CURRENT AND POTENTIAL FUTURE APPLICATIONS

Linear Programing, A paper mill produces two grades of paper viz., X and Y....

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

Waiting queques, During busy times, 60 potential customers per hour arrive ...

During busy times, 60 potential customers per hour arrive at the booth (assume a Poisson distribution). A booth worker takes 5 minutes, on average, to meet the information needs of

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages