Explain the classification of models

Assignment Help Operation Research
Reference no: EM132218552

Explain the classification of models

1. Classification by function or uses

2. Classification by degree of qualification

3. Classification by physical characteristics

4. Classidication by degree of uncertainty

Reference no: EM132218552

Questions Cloud

Prepare a horizontal analysis of the segment data : Prepare a horizontal analysis of the segment data using the prior year as the base year. Round all percents to one decimal place. Enter all amounts in millions
Discuss how strategy plays an important role in bia model : BIAM300 Managerial Applications of Business Analytics - Devry university - Draw a strategic position diagram similar to Exhibit 2.6 in your text
Calculate the moving-average cost per unit at january : Waterway Inc. is a retailer operating in British Columbia. Calculate the Moving-average cost per unit at January 1, 5, 8, 10, 15, 16, 20, & 25
Calculate cost of goods available for sale : Flite Company had beginning inventory on May 1 of $12,000. Calculate cost of goods available for sale and cost of goods sold for the month
Explain the classification of models : Explain the classification of models - Classification by function or uses and Classidication by degree of uncertainty
Determine the unit contribution margin : An investment of $45,000 will be required, Determine the unit contribution margin and the break-even volume in units and in dollars per month
Difference between cost standard and an efficiency standard : Explain the difference between a cost standard and an efficiency standard. Give an example of each. Please include your source
Difference between a favorable and an unfavorable variance : Explain the difference between a favorable and an unfavorable variance. Please include your source
Calculate the cost of the inventory at january : Swifty Bookstore had 450 units on hand at January 1, costing $9 each. Calculate the cost of the inventory at January 31, under the LIFO method

Reviews

Write a Review

Operation Research Questions & Answers

  Culturally and linguistically divers

This project is aimed at groups investigating challenges faced by culturally and linguistically diverse (CALD) communities in Australia and the implications of these challenges for Australian institutions and/or workplaces. CALD is a contemporary Aus..

  Behavior of organizations in market environment

Discuss correlation of Number of firms, Product differentiation, Entry/exit conditions, Mobility of resources, Dissemination of information and the firm's Pricing policy, Operational decisions.

  Identify the limitations of the research proposal

What implications and limitations are being made regarding the proposed sample and how it represents the proposed population? • What implications are you making regarding the instrument's validity and its ability to measure the desired variables? • W..

  Biggest challenge in conducting research interviews

What do you think would be your biggest challenge in conducting research interviews. What could you do about this. The main challenge in conducting research interviews is maintaining decent standards.

  Loss estimates regarding an investment project

What is the likelihood that each alternative will produce a profit of at least $ 300 - Which size of equipment would you recommend on the basis of the three coefficients of variation that you calculated?

  Describe the drivers in the green housing industry

explore the student with a summary of drivers in the green housing construction industry and highlights driving forces such as baby boomers require, incentives, and factors that are contributing to the green housing industry boom.

  This case has been framed in order to test the skills in

this case has been framed in order to test the skills in evaluating a credit request and reaching a correct decision.

  Explain capacity planning for a restaurant

Design and develop a capacity plan for a hospital, bakery, restaurant or convenience store. Explain forecasting for a restaurant business.

  Evaluate the integer programming model

The Texas Consolidated Electronics Company is contemplating a research and development program encompassing eight research projects.

  Explain the lean manufacturing research problem

My research paper is about my research question what are the benefits to implementing lean processes in manufacturing.

  Describe intercompany transactions

What is the difference between a direct intercompany transactions and an indirect intercompany transaction. How does the difference effect reporting them on a consolidated statement.

  How many unit should be shipped from manufacturing facility

How many units should be shipped from each manufacturing facility to each of the retail stores if cost is to be minimized?

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