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ABC Company manufactures both interior and exterior paints from 2 raw materials M1 and M2. The following table gives basic data of problem. Exterior
A 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 paper i
correct answer
Model building is the essence of the operations research approach? Discuss. question #Minimum 100 words accepted#
Principles of Construction of Research Tool Content of research tool should be based on aims and need of research problem: The questioning words must be concise compreh
a practical example
Meaning and Definition If a group of N observations is arranged in ascending or descending order of magnitude then the middle value is called median of these observat
Ask question A Company produces 150 cars. But the production rate varies with the distribution. Production Rate Probability 147 0.05 148 0.10 149 0.15 150 0.20 151 0.30 152 0.15 15
AI TECHNOLOGY''S CURRENT AND POTENTIAL FUTURE APPLICATIONS
Usefulness of Correlation 1.Correlation is very useful to economists to study the relationship between variables like price and quantity demanded. To businessmen it
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