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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.
CONCEPT AND NEED FOR INFORMATION: We shall look at the meaning, of information as also the meaning of other related words such as data, facts, intelligence, advice, knowledge
sOLVE THE FOLLOWING D1 D2 D3 SUPPLY s1 2 2 3 10 s2 4 1 2 15 s3 1 3 1 40 Demand 20 15 30
#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
b. 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 pape
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models of inventory management
Maximize z=3x+7y subject to constraint x+4y x,y>=0
discuss the seauencing decision problem for n jobs on two and three machines
Title Page Tthe title page should indicate the topic on which the report has been prepared the person or agency who has prepared it the person a agency for whom it
Advantages of Mean Deviation a.It is based on all the observation . any change in any item would change the value of mean deviation. b.Mean deviation is less aff
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