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Analysis of Available Information and Verification of Hypothesis:
most of the time that a scientist spends in training is devoted to learning how to analyze and interpret information. Qualitative as well as quantitative methods may be used for this purpose.
Prediction and Generalization of Results and Consideration of Alternative Methods: Once a model has been verified a theory is developed from the model to obtain a complete description of the problem. This is done by studying the effects of changes in the parameters of the model. The theory so developed may use to extrapolate into the future .
Lastly the analyst determines the alternative methods of solving the problem and recommends a new research based on revised hypothesis.
Discuss the methodology of operation research
A paper mill produces two grades of paper viz., X & Y. Because of raw material restrictions, it cannot produce more 400 tons of grade X paper & 300 tons of grade Y paper in a week.
Question 1 X Ltd. has Unit C which is not functioning satisfactorily. The following are the details of its fixed assets: Asset Date of acquisiti
write down any two assumption of L.P
Model building is the essence of the operations research approaches?
#questiA 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 pa
Higher Order Table When three or more characteristics are represented in the same table such a table is called higher order table. The need for such a table arises
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.
Method of Calculation of Mean Deviation a. Computation of Mean Deviation Individual Series : The process of computing mean deviation in case of individual series involves
difference between simplex solution procedure for maximisation and minimisation
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