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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.
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
how did operation research evolve
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
In your own words, describe the special cases of integer programming and binary programming: what makes these problems different? Give an example of each, pointing out why they mus
Video Tapes Video tapes are very information and attention grabbing presentational supports. They are best for illustrating the persons in actions and presen
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
What is linear programming
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 pa
the dual form of the following lpp min z=3x1+2.5x2 constraints:2x1+4x2>=40, 3x1+2x2>=50 and x1,x2>=0
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