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Operations research is used by manager in making business decisions. What are five each of its merit and demerit that the users need to be aware of?
The following linear programming is written to plan the production of two products. And the company wants to maximize profits. x1 = number of product 1 produced in each batch
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
what are the classifications of operations research?
. 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
Maximize w = 5x -2y +3z subject to 2x +2y -z>=2 y + 3z
Uncertainly : There is a great uncertainly about economic and general environment. With economic growth uncertainty is also growing's. this makes each decisions costlier
Cases are generally based on certain issues and problems. Diagnostic, analytical and decision making skills help in case solution. A case study or case based assessment is designed
Determining Sample Size for Estimating poportions It is necessary to determining the sample size for a problem involving proportions. This deals with the percentage of f
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