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These models have been developed to establish a trade off between costs of providing and the waiting time of a customer in the queuing system. Constructing a model entails desc
Test Statistic The next step is compute an appropriate test statistic which is based on an appropriate probability distribution. It is used to test whether the null hypo
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
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
Family Application specialises in selling major appliances for use in kitchen remodelling. One of its more popular items is the SubZero refrigerator. Over the past 40 weeks, the
Exercise Define the terms used in LPP. Mention the advantages of LPP. What are the assumptions and limitations of LPP? A firm produces three pro
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 pa
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
Determination of effectiveness Measures: Effectiveness measure is a measure of success of a model in representing a problem and providing a solution. It is the connecting link
There is no unique set of problems which can be solved by using operations Research Models r techniques. Several operations Research Models or techniques can be grouped into some b
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