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1: explain vogel''s approximation method? 2: explain optimality test?
management wants to know how many supervisors should be hired, and what could be the optimum workload distribution to be applied, given a number of constraints
Short Define operations research as a decision-making science
Exercise Define the terms used in LPP. Mention the advantages of LPP. What are the assumptions and limitations of LPP? A firm produces three pro
Decide upon the Objective What is it that you aim to achieve the end of the presentation ? your objective should be crystal clear. Do not stray or move a ways
Objectives of Measuring Dispersion a. To judge the Reliability of Measures of Central Tendency: Measure of dispersion is the only means to test the representative charac
1. Investigate: The Operations Strategy of your organisation or one you are familiar with and answer the following points. Does your chosen organisation have an operations
Variables A concept which varies is variable. These can be different in quantitative values. For example, weight, height, income are examples of variables. Qualitative phenom
Define the role of the RBI in informing FEMA?
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