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Question A- Linear Programming is most widely used technique for large number of applications in business industry as well as in various other fields. Describe in brief the steps involved in linear programming problem formulation with an example
Question B- Describe the steps involved in finding Initial Basic Feasible solution by the following methods:a. North West Corner Rule methodb. Matrix minimum methodc. Vogel's approximation method Question C- A Service store employs one cashier at its counter. 9 customers arrive on an average every 5 min while the cashier can serve 10 customers in 5 min. Assuming Poisson distribution for arrival rate also exponential distribution for service rate. Finda. Average number of customers in the systemb. Average number of customers in the queuec. Average time a customer spends in a systemd. Average time a customer waits before being served
make a research project for modern day companies on how they can make decisions using decision analysis
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1) Provide an overall description of the business and the competitive environment in which it operates. You should describe: a) what type of business it is (e.g. retail, manuf
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
Select five Operations Research techniques and describe in detail the real world application of such techniques in business decision making.
USE SIMPLE METHOD TO SOLVE THE FOLLOWING LPP MAXIMISE Z=4X1+10X2 SUBJECT TO CONSTRAINS, 2X1+X2 2X1+5X2 2X1+3X2 X1, X2>0
a. Explain the method of "Taylor's Scientific Management". List the elements of Taylor's Scientific Management. b. List the necessary managerial functions of a Manager. Explain.
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
Nass food produce tow kinds of popular dark chocolate bars
Teesside Construction is developing a schedule for a major building project to start in 04/01/2011 in Middlesbrough, UK. The project manager has identified major activities of the
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