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

1, A paper mill produces two grades of paper viz., X and Y. Because of raw ...

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

Inherent limitation concerning mathematical expressions, Operation reac Inv...

Operation reac Involves the use of mathematical models, equations and similar other mathematical expressions. Assumptions are always incorporated in the derivation of an equa

Objectives of strategic management, Problem What are important objectiv...

Problem What are important objectives of strategic management and the causes for failure t of strategic management Objectives To keep pace with the changing business e

Research process and methodology , Case Study - Research Process Tomz...

Case Study - Research Process Tomzak  and Hale  inc was a medium sized  marketing  research firm  located  in a large mind western  city. Bob Lynn a marketing  vice president

SMU 2nd Semester, 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

Calculation of standard deviation - discrete series, Calculation  of Stand...

Calculation  of Standard Deviation - Discrete Series   There are three methods for  calculating  standard  deviation  in discrete series": a. Actual Mean Methods: It inc

information on research done, Information on Research Done Informatio...

Information on Research Done Information on Doctoral research work already done  is available from  the followings  sources: a. Bibliography of Doctoral  Dissertations Acce

Liner, b. A paper mill produces two grades of paper viz., X and Y. Because ...

b. 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

Multiple objectives- sampling decisions, Multiple  Objective s The sam...

Multiple  Objective s The sample  may vary according  to the  objective of the research. There  may several objectives  of marketing  research so the  sample  size  may vary a

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