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scope of operation research
Mass Production and Continuous Flow Manufacturing Continuous systems lie at the other extreme, where demand for a single product is sufficiently high to warrant the installa
Number of Defects - Control Chart Sometimes the attribute of concern is the number of defects (c) in an item rather than the number of defective items in a sample: for example
A company is considering whether to replace a machine. The old machine costs $90,000 and is being depreciated at 10% per annum using the straight line method. It is written down va
You are in charge of a project that is investigating the effects of gender differences on the reading scores of first, third, and fifth grades in three different school districts.
What is the concept of comparative norm in determining the basic wage rate? Why there are limitations to this approach? What has led companies to grant various forms of individual
You are the project manager for a new multi-million dollar building renovation for your organization. The company needs to maximize the space that they have and the best approach i
A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached wh
Tough Face, a manufacturer of rock-climbing gear, been enjoying steady growth of it very reliable and colourful carabineer products. Using the following sales history, calculate th
Determine the formula of the Economic Order Quantity. The formula for Economic Order Quantity (EOQ): EOQ = √((2x C O x D)/(C H ) Here D = Annual demand (units)
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