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Question 1 What do you understand by customs duty? Explain the taxable events for imported, warehoused and exported goods. List down the types of duties in customs. An importer
Operations Research uses the methods of science to understand and explain the phenomena of operating systems. It devises the theories( models ) to explain these phenomena
Level of Significance In testing a given hypothesis the maximum probability with which we would be willing to take risk is called level of significance of the test.
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
Sources of Hypothesis Hypothesis may be developed from various sources. Some of the important sources are the followings: 1. A Hypothesis Arises from Intuition
Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assignment
A company manufactures 2 kinds of hats. Each hat of the I type needs twice as much as labour time as the II type. The company can manufacture a sum of 500 hats a day. The market re
How to solve linear programming problems using simplex method introducing slack variable,surplus variable and artificial variable
Observation and Data Collection for Better Understanding of the Problem: Many times actual observations by trained observers at the scene of operation may be difficult and da
example exercises of these
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