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During busy times, 60 potential customers per hour arrive at the booth (assume a Poisson distribution). A booth worker takes 5 minutes, on average, to meet the information needs of
Research and Development: All intellectual activities consciously pursued and systematically completed generate useful information. Research (also Research and Development) is
Solve by simplex method Maximize Z = 5x 1 + 3x 2 Subject to 3x 1 + 5x 2 ≤ 15 5x 1 + 2x 2 ≤ 10 & x 1 ≥ 0, x 2 ≥ 0 [Ans. Max Z = 235/19
retail outlet x y volume A 6 9 80
Operation Research may be regarded as a tool which is utilized to increase the effectiveness of the management decisions. O R is objective supplement to the subjective feeling
A series of questionnaire for Delphi were mailed to the selected experts who meet the criteria that mention in above. The overall purpose of the Delphi technique was to achieve the
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 SIGNIFICANCE OF OPERATION RESEARCH
Two Sample Tests In some situation the researchers may be taking statistical decisions based on two samples. Each of the two samples may represent a particular under con
Significance & scope of operation research in modern management
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