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

OR, Models in OR

Models in OR

Operations Decision, 2.Assess the current environmental scan factors that a...

2.Assess the current environmental scan factors that are relevant to the decision making process. Determine the factors that will have the greatest impact on plant operations and m

PROBLEM , #A paper mill produces two grades of paper viz., X and Y. Because...

#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

Complexity - necessity of operations research, In a big industry the numbe...

In a big industry the numbers of factors influencing a decision have increased situation has become big and complex because these factors interact with each other in complica

Transportation, we have three reservoirs with daily supplies of15, 20 and 2...

we have three reservoirs with daily supplies of15, 20 and 25 litres of fresh water respectively. on each day we must supply four cities A B C D whose demands are 8 10 12 and 15 res

Meaning of research report - report writing presentation, Meaning of Resear...

Meaning of Research Report Research  report is the process of communicating  the  results  of an investigation it  is a document which  reflect about  the research conducted a

Examine the future sustainability of business, In your role as a Consultant...

In your role as a Consultant to a renowned organisation or institution, you have been asked to design and submit a research proposal to examine the future sustainability of its bus

Scope, With practical example

With practical example

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