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scope of operation research
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
Drury's Principles: The basic principle, which still governs the selection of reading material for a library, was enunciated by Drury in 1930. It states: "To provide the righ
Degree of Correlation ship 1. Perfect Correlation: When changes in two related variables are exactly proportional there is perfect correlation between them. In case
Significance of operation research
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
state phases of operations research and and their importance in solving problems
A company produce three sizes of windows fans small,medium and large. The manager has formulated an LP model for production.
What is the role of decision making in OR
#queStudy the case and provide an alternative compensation design, which would redress the problem faced by the two- wheeler major in Chennai.stion..
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