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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.
explain the procedure of MODI method of finding solution through optimaly test.
EXPLAIN THE OR TECHNIQUES
#use the simple method to solve the following L.P.P. Maximize Z =4X1 +10X2 subject to constraints, 2X1 +X2 2X1+5X2 2X1 +3X2 X1,X2 > 0
a company produces 150 cars. but the production rate varies with the distribution.
Presentation After the completion of any research project the concept techniques and results of the research projects should be presented to the audience of interes
After having studied as to what is operations research we shall now try to answers why its need has been felt by the industry. As already tainted out science of OR came
Inventory models deal with the problem of determination of how much to order at a point in time and when to place an order. The main objective is to minimize the sum of three
Consider the following network where the value on each arc represents the capacity of that arc. Use the augmenting path algorithm to find the value of the maximum flow from node 1
Tied Ranks Equal or Repeated Rank When two or more items have equal values it is difficult to give ranks to them. In that case the items are given the average of the
how does it work
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