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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.
Presentation After the completion of any research project the concept techniques and results of the research projects should be presented to the audience of interes
in a rectangular game pay off matrix of player a is as follows B1 B2 A1 5 7 A2 4 0 salve the game write down the pay off matrix of B and then solve the ga
need of detailed information about the topic
Consider the following network where the value on each arc represents the capacity of that arc. Use the augmenting path algorithm to find the value of the maximum flow from node 1
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
what is similation model as a type of mathematical models
Level of Significance In testing a given hypothesis the maximum probability with which we would be willing to take risk is called level of significance of the test.
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.
The sequencing problems arises whenever there is problems in determining the sequence ( order) in which a member of tasks can be performed by a number of service facilities su
CRITICAL EXAMINATION OF THE APPLICATION OF DECISION THEORY TECHNIQUES OR MODEL IN BUSINESS DECISION MAKING IN NIGERIA
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