Determination of effectiveness measures, Operation Research

Assignment Help:

Determination of effectiveness Measures: Effectiveness measure is a measure of success of a model in representing a problem and providing a solution. It is the connecting link between the objectives and the analysis required for corrective action. It tests the success of a solution and determines if there is need for improving the method of attack or even of altering the solution.

Formulation of the problem Relative to the Objective: Since every operation is study with problems, the operations analyst must determine the type of problems its origin and causes. Problem are of many types.

a. Remedial type with its origin in actual or threatened accidents for example airplane crashes job performance hazards.

b. Optimization types for example performing a job more efficiently.

c. Transference type consisting of applying the new advances improvements and inventions in one field to other fields.

d. Prediction type for example forecasting the problems associated with future developments. And inventories.


Related Discussions:- Determination of effectiveness measures

Rules regarding the table structure, Rules  Regarding the Table  Structur...

Rules  Regarding the Table  Structure a. Table Number: When a number  of tables  are constructed serial number of the tables  should  be given  to each table. b. Title Th

Linear programming examples, Solved LP Sample Assignment & Questions A ...

Solved LP Sample Assignment & Questions A person desires to decide the ingredients of a diet which will satisfy his routine necessities of fats, proteins, and carbohydrates at

Lpp, Determine feasible space for x1-x2= 8

Determine feasible space for x1-x2= 8

Solve the following lpp by graphical method, A company manufactures two typ...

A company manufactures two types of printed circuits. The requirements of transistors, resistors and capacitor for each type of printed circuits along with other data are given in

A paper mill produces two grades of paper viz., A paper mill produces two g...

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

Z-test - hypothesis testing, Z-Test Prof. Fisher has  given a method  of...

Z-Test Prof. Fisher has  given a method  of testing the significance of the correlation coefficient in small  samples. According  to this method the  coefficient of correlation

Model building, Model building is the essence of the operations research ap...

Model building is the essence of the operations research approach? Discuss. question #Minimum 100 words accepted#

Describe multinational corporations, Question 1 -Though society as well as...

Question 1 -Though society as well as culture do not appear to be a part of business situations, yet they are actually key elements in showing how business activities will be cond

Solve by simplex method, Solve by simplex method Maximize Z = 5...

Solve by simplex method Maximize Z = 5x 1 + 3x 2 Subject to 3x 1 + 5x 2 ≤ 15 5x 1 + 2x 2 ≤ 10 &         x 1 ≥ 0, x 2  ≥ 0 [Ans. Max Z = 235/19

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd