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Among other limitations of O. R the followings deserve mention:
a. Basis: The operational researchers must be unbiased. An attempt to shoehorn result sin to a confirmation of management prior preferences can greatly increase the likelihood of failure.
b. Inadequate Objective Functions: The use of a single objective functions is often an insufficient basis for decisions. Laws regulations public relations market strategies etc. May all serve to overrule a choice arrived at in this way.
c. Internal Resistance: The implementation an optimal decision may also confront internal obstacles such as tribe unions or individual managers with strong preferences for other ways of doing the job.
d. Competence: Competent O. R analysis calls for the careful specifications of alternatives a full comprehension of the underlying mathematical relationship and a huge mass, of data. Formulation of an industrial problem to an O. R set programme is quite often a difficult task.
e. Reliability of the Prepared Solution : At times a non linear relationship is changed to linear for fitting the problem to L. P pattern. This may disturb the solution.
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
Consider the LP min ?? = 50??1 + 100??2 3 ??.??. 7??1+2??2=28 2??1+12??2=24 ??1,??2=0 a. A basic solution of the constraint equations of this problem has how many basic variables,
Manner of Presentation Decide whether you wish to achieve your objective by a formal presentation or a non formal type of presentation. As discussed earlier the
Method of Calculation of Mean Deviation a. Computation of Mean Deviation Individual Series : The process of computing mean deviation in case of individual series involves
Explian scope and concept of Operations research?
Define the role of the RBI in informing FEMA?
These models have been developed to establish a trade off between costs of providing and the waiting time of a customer in the queuing system. Constructing a model entails desc
minimization
Case Study - Research Design RJR Nabisco Ever since the health aspects of smoking became a public issue shortly after world war II the tobacco industry knew there
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