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

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

Linear Programming, A paper mill produces two grades of paper viz., X & Y. ...

A paper mill produces two grades of paper viz., X & Y. Because of raw material restrictions, it cannot produce more 400 tons of grade X paper & 300 tons of grade Y paper in a week.

Rank methods spearman s, Rank Methods Spearman s When the variables  u...

Rank Methods Spearman s When the variables  under  consideration are  not capable  of quantitative  measurement but can  be arranged  in serial  order( ranks) we find  correla

Model building, model building is the essence of the operational research d...

model building is the essence of the operational research discuss

Oral presentation - report writing presentation, Oral Presentation At ...

Oral Presentation At times  oral presentation of the  results of the study is considered effective particularly in case where  policy recommendations are indicated by project

Meaning of a research report, Problem The important task ahead of the r...

Problem The important task ahead of the researcher is to document the entire work done in the form of a well-structured research report. Describe in brief the components of a R

Survey method, This method involves a systematic and comprehensive study...

This method involves a systematic and comprehensive study of a particular community organization group etc, with a view to the analysis of a social problem and the presen

Formulate this as a Linear Programming Problem., A paper mill produces two ...

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

Sequential sampling -sampling decisons, Sequential Samplin The previou...

Sequential Samplin The previous  has shown  that the sampling  units  were drawn  prior  to the drawing of the actual   sample  and has  a fixed  size. But the  sequential  sa

Research and evaluation, - Please research and discuss this activity. (plea...

- Please research and discuss this activity. (please cite all of the websites) - Prepare a memo on the research and evaluation. What does research and evaluation mean? Ele

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd