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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.
Cohen Chemicals, produces two types of photo-developing fluids. The first, a black and white picture chemical, costs Cohen $2500 per ton to produce. The second, a colour photo chem
explian completelly the operation reserch
The town of Silverton, Colorado, has three gasoline stations, Shell, Exxon, and Arco. Customer selection of service stations can be modeled as a Markov process, with the following
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
How much does cost for developing a simple model using Simuli 8 software and 2 pages write up (Explaining model). This is for my university assignment. For example last year assig
Scope of the OR techniques can be derived in followings various importance fields: 1. In Agriculture : With the explosion of population and consequent shortage of food O
Significance of operation research
The following equation gives Jane's linear demand curve for visits to a nearby national park. Q is the number of visits per week and P represents the price of a pass (price per vi
NWCR
The scientific methods is thus based on certain basic postulate which can be stated as under: a. It relies on empirical evidence: b. It utilizes relevant concepts;
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