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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.
North West Corner Rule for Initial Solution: Now by applying North West corner rule we can initial solution. According to this rule without regard to cost consideration the
. 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
Calculation of Standard Deviation - Discrete Series There are three methods for calculating standard deviation in discrete series": a. Actual Mean Methods: It inc
ONE SAMPLE RUNS TEST A number of methods have been developed fro judging the randomness of samples on the basis of the order in which teh observations are taken. It is
Periodicals and Serials: Periodical publications form an important part of today's information world. It is one of the oft chosen forms of research communication. There are ov
Operation research is only a Tool of Analysis and Not the Complete Decision making Process: It should always be kept in mind that O. R alone cannot make the final decision . it
Institutional Characteristics: An approach to an understanding of the fields of interest of individuals to be served and of the organisation as a whole could begin by acquiri
give the procedure of tracing a closed loop
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
advantage of quality circle process
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