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Uncertainly : There is a great uncertainly about economic and general environment. With economic growth uncertainty is also growing's. this makes each decisions costlier and time consuming. Or is thus quite essential from reliability point of view.
Knowledge Explosion : Knowledge is increasing at a very fast rate. Majority of the industries are not up to date with the latest knowledge and are therefore at a disadvantage. Or teams collect the latest information for analysis purposes which quite useful for the industries.
Rephrasing the Research Problem Finally as a researcher you should rephrase the research problem. Once you have followed all the four steps above, i.e., 1) You have clear
Question : Suppose that you want to invest $10000 in the stock market by buying shares in one of two companies: A and B. Shares in Company A are risky but could yield a 50% ret
Standard Deviation The standard deviation of samples (s) can be estimated by the pilot study past studies and the ranges of distribution. A pilot study may be conducted
role of computer software in operation research
Other Determinants of Sample Size 1. The variability of elements within the population has become a very important factor to decide the sample size. The more v
explian completelly the operation reserch
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
1. A local university purchases exercise books to give to their students. Instead of a fixed unit cost, their supplier quotes the following discount pricing: Order quantity Unit P
Ask question A Company produces 150 cars. But the production rate varies with the distribution. Production Rate Probability 147 0.05 148 0.10 149 0.15 150 0.20 151 0.30 152 0.15 15
How do I use C# to program an M/M/s queue model?
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