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Inflation Inflation is a general increase in the price of goods and services. The inflation rate, as measured by the
A company produce three sizes of windows fans small,medium and large. The manager has formulated an LP model for production.
Uses of Mode The use of the mode is recommended in the following situations: a.When a quick and approximate measures of central tendency desired. b.When the measure
Regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
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
Select five Operations Research techniques and describe in detail the real world application of such techniques in business decision making.
a. Explain the method of "Taylor's Scientific Management". List the elements of Taylor's Scientific Management. b. List the necessary managerial functions of a Manager. Explain.
Graphical Solution Procedure sample assignment and solved questions, free examples and solved homework samples for Graphical Solution Procedure in operation research. Question
Two Handed process Chart of Signing a Latter A multiple activity chart records the related sequence of activities of more than one subject, men and / or machine o
These models are applied to the management ( planning controlling and scheduling ) of large scale projects. PERT/ CPM techniques help in identifying potential trouble spots in
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