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After testing the model and its solution the next step of the study is to establish control over the solution by proper feedback of the information on variables which deviated significantly. As soon as one or more of the controlled variables change significantly the solution goes out for control. In such a situation the model may accordingly be modified.
Implementation of the Final Results: Finally the tested results of the model are implemented to work. This would basically involve a careful explanation of the solution to be adopted and its relationship with the operating realities. This stage of operation research investigation is executed primarily through the co operation of both the operations research experts and those who are responsible for managing and operating the system.
In a rectangular game, pay-off matrix of player A is as follows: Player B B1 B2 Player A A1 A2 i) Solve the game. ii) Write down the pay-off matrix of B and th
One Sample sign Test In a one sample test the null hypothesis μ = μ 0 against an appropriate alternative on the basis of a random sample of size n we replace each sam
C++ code for assignment problem
how to solve simplex method in LPP?
These models are used when one must decide the optimal time to replace equipment for one reason or the other for instance, in the case of equipment whose efficiency dete
models of inventory management
These models deal with the selection of an optimal course of action given the possible pay offs and their associated probability of occurrence. These models are broadly
Each day you own 0 or 1 stocks of certain commodity. The price of the stock is a stochastic process that can be modeled as a Markov chain with transition rates as follows
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.
Scope of the OR techniques can be derived in followings various importance fields: 1. In Agriculture : With the explosion of population and consequent shortage of food O
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