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In this method variables beings studied are controlled by the investigator. In other the effect of one variable is observed while other relevant variables are held constant.
This methods includes field experiment as well as laboratory experimentation. In field experiment the study is conducted b comparing experimental group with the control group. In laboratory experiment the investigator creates a situation with the exact conditions he wants to have and in which he controls some and manipulates other variables. He then observes and measures the effect of the manipulation of the independent variables on the dependent variables in a situation in which the operation of other relevant factors is held to a minimum.
Discuss the methodology of operation research
A producer of furniture manufactures two products - tables and chairs. Processing of these products is done on two machines A and B. A chair needs 2 hours on machine A and 6 hours
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In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
#questionthe following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0 ..
scope of operation research in management
solve the LPP using simple method, maximize z= 3x1+2x2 subject to constraints
1. A local university purchases exercise books to give to their students. Instead of a fixed unit cost, their supplier quotes the following discount pricing: Order quantity Unit P
Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH IN MODERN MANAGEMENT
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