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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.
Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assignment
#question:explain the theory of dominance in the solution of rectangular games?
discuss applications and scope of operations research in diverse areas.
The sequencing problems arises whenever there is problems in determining the sequence ( order) in which a member of tasks can be performed by a number of service facilities su
Ask question #Minimum 100 words acceptNas food produces to kinds of popular dark chocolate bars. the banana and coffee. the banana bar costs 0.22 to make and sells of 0.35, where a
minimization
scope of operation research in management
SOLVE THE FOLLOWING LP USING SIMPLE METHOD MAXIMIZE Z=3X1+2X2 SUBJECT TO CONSTRAINT X1+X2 X1-X2 X1,X2>=0
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
Other Determinants of Sample Size 1. The variability of elements within the population has become a very important factor to decide the sample size. The more v
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