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Question :
(a) (i) What do you understand by the term "operations research"?
(ii) Discuss three common operations research models.
(b) Self-service at the university canteen requires an average of 7 minutes per student whilst attended service has a rate of 6 minutes per student. Customers arrive randomly at the rate of 5 per hour. As the manager of the canteen, you are required to calculate the following operations statistics for each service:
(i) the average number of customers, (ii) the expected number of customers waiting for service, (iii) average time spent in the system, (iv) average time waiting for service.
Based on your results in (b), comment on the two services offered at the university canteen.
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meaning,significance of operations research in bussiness management?
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Given an inventory system where Yearly demand = 120 units Ordering cost = Sh. 45 Price per unit = Sh. 200 Annual carrying cost = 24% of the unit cost Determine The economic or
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The systematic methodology developed for an operation research study with problems involving conflicting multiple objective policies and alternatives. Operation research in
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