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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 applied to problems involving decision making under risk and uncertainly.
Exercise Define the terms used in LPP. Mention the advantages of LPP. What are the assumptions and limitations of LPP? A firm produces three pro
QUESTION Discuss the major sources of stress and job burnout and outline the strategies for managing stress. QUESTION How can you use the „Johari Window Model? as a
Describe Operation Research and discuss its applications in various organizations. A company assembles heavy duty refrigerators and uses two types of compressors A & B. Two comp
what is operation research an management decision making
a company produces 150 cars. but the production rate varies with the distribution.
Chi Square Test for Independence of Attribute The chi square test can be used to find out whether two or more attributes are associated or not. This test helps in fin
Case Study - Data Analysis Sandarsen inc was testing new packaging and a few recipe for a family desert cookie that had been on the market for several years. It wa
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
Davidson construction company is building a luxury lakefront home in batangas coordination of the architech an sub contractors will require a major effort to meet the 44-week (appr
Maximize Z = 2x - 7y subject -2x + 3y = 3 4x + 5y >= 10 6x + 7y 4x + 8y >= 5
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