Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Graphic Methods
a.Scatter Diagram: Scatter diagram is a special type of dot chart. Under this methods the given data are plotted in a graph paper in the form of dot. For each pair of or x and y values we plot a dot( or point) and thus we obtain many dots equal in number of observation. If now these plotted dotes or points show some trends either upwards or downwards then the two variables ( x and y) are said to be correlated or otherwise not correlated. If again the trend of points is upwards moving from lower left hand corner to upper right hand corner then correlation is positive ( r=+1) r is coefficient or correlation. On the other hand if movement is reverse i, e, dots move from upper left hand corner to lower right hand corner then correlation is negative (r= -1). The idea will be clear from diagram given below:
Positive Correlation Negative Correlation
In fig (a) the values of the two variable move in the same direction the correlation is positive and r= 1.
In figure (b) we find negative correlation and r= 1 as the values move in reverse direction.
In figures (c) we dont get any trend lying and heance it shows the absence of correlation and r= 0.
Calculation of Ranks Correlation Where Ranks are Given: When the actual ranks are given the steps followed are: a.Compute the difference of the two ranks (R1 and
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
a manufacture wants to ship 8 loads of his product as shown below. The matrix gives the mileage from origin to the destination D. Origin Destination Available A B C X 50 30 220
A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a we
In a rectangular game, pay-off matrix of player A is as follows: i) Solve the game. ii) Write down the pay-off matrix of B and then, solve the game.
Model building is the essence of the operations research approach? Discuss.
meaning,significance of operations research in bussiness management?
#questiA 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 pa
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd