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A producer of furniture manufactures two products - tables and chairs. Processing of these products is done on two machines A and B. A chair needs 2 hours on machine A and 6 hours
Objectives of Measuring Dispersion a. To judge the Reliability of Measures of Central Tendency: Measure of dispersion is the only means to test the representative charac
Uses of Mean Deviation Mean Deviation is rarely being used as a measure of dispersion. But due to easy and simplicity in calculation. It is rather useful in busin
characteristics of operational research model
Books: Books form one of the primary sources of information. They provide a cohesively organised (thought content) information on a specific subject of optimum depth. Since b
how the sequencing techniques help the manager
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Categories of Information in Social Sciences: It would be useful, particularly in social sciences, to group information into three categories: • Statistical Information
Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 4 X1+ X2 2 X1, X2 0on..
SING TEST The sign test is the simplest of the parametric tests. Its name comes from the fact that it is based on the direction ( or sings for pluses or minuses ) of
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