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Question: (a) A company sells three different products X, Y and Z. The company makes a profit of Rs. 35, Rs. 50 and Rs. 60 per unit on products X, Y and Z respectively. The th
1. Determination to enter a new territories. 2. To decide to enter a new market or not. 3. To determine how much production capacity to be builds up. 4. Helpful in
maximize z=3x1+2*2 subject to the constraints x1+x2=4 x1-x2=2 x1.x2=0
What kind of research situation do the two new brands present for Mr. Lynn company?
A company is planning its advertising strategy for the next year for its three major products.
. 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
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
Importance of models
Reports: Report literature is an important primary source of information, particularly for a research library. This new medium for communication of information came into bei
Dynamic programming may be considered thoutgrowth of mathematical programming and involves the optimization of multistage( sequence of inter related decisions) decision process
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