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full detailor theory on graphical method
discuss the significance of oparation research
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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
These models deal with the selection of an optimal course of action given the possible pay offs and their associated probability of occurrence. These models are broadly
The manufacturer of the product is finding that, in order to stay competitive, a number of things need to happen: Components of the product need to be made from more sustaina
ABC Bank faces a decision to hire two clerks or lease two automatic teller machines. Service rates of clerk 1 and clerk 2 are 41 customers per hour and 36 customers per hour respec
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
Operations research is used by manager in making business decisions. What are five each of its merit and demerit that the users need to be aware of?
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
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