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Dewey's Principle: Melvil Dewey's principle states: "The best reading for the largest number at the least cost" According to this principle a library should select, within the
The Operations Function has always relied heavily on information for its smooth running. During this course information has been introduced as one of the five inputs to the convers
nature and types of problems
What is the role of decision making in OR
b. 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 pape
Sources of Hypothesis Hypothesis may be developed from various sources. Some of the important sources are the followings: 1. A Hypothesis Arises from Intuition
disadvantages of modeling in operational research
A PAPER MILL PRODUCES TWO GRADES OF PAPER VIZ, X AND Y. BECAUSE OF RAW MATERIALS RESTRICTIONS, IT CANNOT PRODUCE MORE THAN 400 TONS OF GRADE X PAPER AND 300 TONS OF GRADE Y PAPER I
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
1. Determination to enter a new territories. 2. To decide to enter a new market or not. 3. To determine how much production capacity to be builds up. 4. Helpful in
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