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

Network models, These models are applied to the management ( planning con...

These models are applied to the management ( planning controlling and scheduling ) of large scale projects. PERT/ CPM techniques help in identifying potential trouble spots in

Some guidelines for bibliography entries , Some Guidelines  for Bibliograp...

Some Guidelines  for Bibliography Entries 1. Reference of a Back  by One Authors : Mention authors  name book title ( in italics hence  to be  underlined) city  publication

Methods of calculation of standard deviation , Methods  of calculation of ...

Methods  of calculation of standard deviation a. Calculation of Standard  Deviation  - Individual Series: There  are two methods of calculating standard  deviation in an ind

Chi square test as a test of homogeneit, Chi Square Test as a Test of Homog...

Chi Square Test as a Test of Homogeneit The X 2 test of homogeneity is an  extension of the chi square  test of independence of attributes. It is  designed to determine  whet

Data collection-requirement gathering methods, Data Collection / Requiremen...

Data Collection / Requirement Gathering Methods 1. Discuss about the data collection or requirements gathering methods that will be used to conduct the research. 2. Discus

Coding and retrieval , Coding  and Retrieval  If all your  data ar...

Coding  and Retrieval  If all your  data are  word processed on in some  other  computer readable form  it will  be possible  for your  primary  documents  to be accessed d

Purchasing power of customers, This is determined by disposable personal ...

This is determined by disposable personal income( personal income minus direct taxes and other deductions ). Some people suggest the use of discretionary income in place of

Advantages of standard deviation - measure of dispersion, Advantages of S...

Advantages of Standard  deviation a.Standard  deviation is based on all the observations and is rigidly  defined. b.It is  amenable to algebraic  treatment  and possesses

Research methodology, In research methodology we not only discuss the res...

In research methodology we not only discuss the research methods but also consider the logic behind the method we use in the context of our research study and explain wh

Linear programming problem, A paper mill produces two grades of paper viz.,...

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

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