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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?
Problem 1 (Problem 23, page 507) At a machine tool plant, five jobs must be completed each day. The time it takes to do each job depends on the machine used to do the job. If a mac
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Inflation Inflation is a general increase in the price of goods and services. The inflation rate, as measured by the
Method of calculation of Mode Calculation of Mode Individual series: For determining mode count the number of times the various values repeat themselves and the va
disadvantages of modeling in operational research
Operation research is only a Tool of Analysis and Not the Complete Decision making Process: It should always be kept in mind that O. R alone cannot make the final decision . it
what are the classification of or model
Chi Square Test Goodness of Fit Chi square test can be used to find out how well the theoretical distribution fit with the empirical distribution of observed distribut
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