Validity of the model - operation research model, Operation Research

Assignment Help:

Deriving the Solution from the Model: This phase is devoted to the computation of those value of decision variables that maximize or minimize the objective function. Such solution is called an optimal solution.

Validity of the Model: The model should be validated to measure its accuracy . that is in order for a model to be useful, the degree to which it actually represents the systems or problem being modelled must be established. A models valid or accurate if.

a. It contains all the objective constraints and decision variables relevant to the problem.

b. The objectives constraints and decision variable included in the model are all relevant to or actually part of the problem and

c. The functional relationship are valid.


Related Discussions:- Validity of the model - operation research model

Steps of research process, Steps of Research Process The steps of resear...

Steps of Research Process The steps of research process have already been discussed in theory. Here we shall outline the procedure of conducting the research. i) Formulate t

Deweys principle - information resources, Dewey's Principle: Melvil De...

Dewey's Principle: Melvil Dewey's principle states: "The best reading for the largest number at the least cost" According to this principle a library should select, within the

One sample runs test - hypothesis testing, ONE SAMPLE  RUNS  TEST A ...

ONE SAMPLE  RUNS  TEST A number of  methods have been  developed fro  judging the randomness of samples on the basis of  the order in which  teh observations  are taken. It is

#transportation and linear models.., #what is the similarity and difference...

#what is the similarity and differences between transportation and linear programing models?

Mr Diwakar, A PAPER MILL PRODUCES TWO GRADES OF PAPER VIZ., X AND Y. BECAUS...

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

#methode, #what are the methods of OR ?

#what are the methods of OR ?

Importance of normal distribution , Importance of Normal Distribution ...

Importance of Normal Distribution Normal distribution  plays  a very  important  role in  statistical  theory  and in  particular  in sampling theory. It has  been  found  th

Linear programming, A paper mill produces two grades of paper viz., X and Y...

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

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd