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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.
What are the features of Operations Research?
Probability and Non Probability Sampling The following s are some of the considerations for the selection of probability an non probability sampling. 1.Sometimes p
a. Discuss the methodology of Operations Research.
- 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 pape
A company is planning its advertising strategy for the next year for its three major products.
Important to Theoretical Distribution The science of theoretical distribution under which the frequencies of a variable are derived by some mathematical model without
scope of operation research\
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;
The manufacturer of the product is finding that, in order to stay competitive, a number of things need to happen: Components of the product need to be made from more sustaina
Books: Books form one of the primary sources of information. They provide a cohesively organised (thought content) information on a specific subject of optimum depth. Since b
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