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Uses of Mean Deviation
Mean Deviation is rarely being used as a measure of dispersion. But due to easy and simplicity in calculation. It is rather useful in business and economics. This is also used by national bureau of economic research America for studying business cycles.
Consider the closed network of the following figure. The number at the arrows give the transition probabilities for a customer leaving the queue to route to a subsequent queue. Eve
what are the limitations of north west corner method
current economic situation
A producer of furniture manufactures two products - tables and chairs. Processing of these products is done on two machines A and B. A chair needs 2 hours on machine A and 6 hours
1. Explain the effects that MIS, DSS, CRM and ERP have on organizational communication and decision making to increase productivity and efficiency in an increasingly competitive bu
#quesSix 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 assig
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
Operations research is used by manager in making business decisions. What are five each of its merit and demerit that the users need to be aware of?
correct answer
#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
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