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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.
classification on the bases of function or purpose
Select five Operations Research techniques and describe in detail the real world application of such techniques in business decision making.
two person zero sum game
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
mile-high microbrewery makes a light beer and a dark beer. mile-high has a limited supply of barley, limited bottling capacity, and a limited market for light beer. profits are $0.
A water chillier with a capacity of 30 TR cools 20 m 3 /hr. water entering at 12 o C what is the temp. of water leaving the chillier. A reversible engine has an ideal thermal ef
explain the significant and scope of operation research in scientific management
Title Page Tthe title page should indicate the topic on which the report has been prepared the person or agency who has prepared it the person a agency for whom it
Question : (a) (i) What do you understand by the term "operations research"? (ii) Discuss three common operations research models. (b) Self-service at the university c
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
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