Explain limitations of operations research technique

Assignment Help Basic Computer Science

Reference no: EM1368449

Describing your selected operations research technique. You should describe the technique, the assumptions and limitations of the method, the types of problems that can be addressed using this method and an illustrative example showing its use. At lease 400 words.

Reference no: EM1368449

Questions Cloud

Decreasing marginal rate of technical substitution : Determine which of the following combination of inputs is most closely reflective of decreasing marginal rate of technical substitution?

Explain a manufacturer of exercise equipment purchases : Explain A manufacturer of exercise equipment purchases the pulley section of the equipment from a supplier who lists these prices

Computing profit maximizing price : Assume a typical customer’s inverse demand function for bottled water at a resort area where one firm owns all the rights to a local spring is given by P = 15 - 3Q.

Explain and develop a rank-ordered chronological priority : Explain and Develop a rank-ordered chronological priority list of the first three issues that require attention. Provide justification for your recommendations.

Explain limitations of operations research technique : Describing your selected operations research technique. You must explain the technique, assumptions and limitations of method, the kinds of problems

Evaluate the change in costs : Assume industry abatement costs rise from $850 million in 2004 to $1,000 million in 2005 in nominal terms and that CPI is 100 in 2004 and 106 in 2005.

Explain human resource issues facing the vice president : Explain What are the human resource issues facing the vice president's department and under which of the HR domains

Question about tradeoff and decision : Shannon bakes cookies and Justin grows vegetables. In which of the following cases is it impossible for both Shannon and Justin to benefit from trade?

Write statement which outputs num-cost to standard output : Write single statement which outputs num and cost to standard output. Print both values (num first, then cost), separated by a space on a single line.

User Account

All Pages