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In a rectangular game, pay-off matrix of player A is as follows: Player B B1 B2 Player A A1 A2 i) Solve the game. ii) Write down the pay-off matrix of B and th
Question A The basic characteristic feature of Operations Research is that it employs mathematical representations or models to analyse problems. Explain the methodology of Operat
Summary Report The report format suggested above does not contain any summary section. This exclusion is deliberate. The summary should not be prepared until t
Rank Methods Spearman s When the variables under consideration are not capable of quantitative measurement but can be arranged in serial order( ranks) we find correla
Multiple Objective s The sample may vary according to the objective of the research. There may several objectives of marketing research so the sample size may vary a
meaning of operational research?
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
Reference Books: Definition According to William Katz (1969) a Reference book generally has the following qualities: It is a miscellany of information organised for quick
High Costs are Involved in the Use of O. R Techniques: O. R techniques usually prove very expensive. Services of specialized persons are invariably called for ( and along w
Mode of Presentation A strategy needs to be chalked out for a satisfactory rendering of the topic. The man oeuvres are going t vary with a change in the manner of
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