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A company manufactures 2 kinds of hats. Each hat of the I type needs twice as much as labour time as the II type. The company can manufacture a sum of 500 hats a day. The market re
Select five Operations Research techniques and describe in detail the real world application of such techniques in business decision making.
You are a manager at a medium sized manufacturing operation that sells a customized product directly to the consumers and the data pattern is linear but it can have the occasion ra
Consider a queueing system with 1 counter, to which groups of customers arrive according to a Poisson proces with intensity l. The size of a group is 1 with probability p and 2 wit
Cost The cost factor is a very important factor in determining the size of the sample. The budget for research should be properly decided. The management may not lik
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
procedure of mip
Assumption of F- Test The theoretical assumption on which F test is based are: 1.The populations for each sample must be normally distributed with identical mean
#queSix Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assign
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