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DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH IN MODERN MANAGEMENT
3. Explain ‘Vogel Approximation Model (VAM)’.? answer please
In this method variables beings studied are controlled by the investigator. In other the effect of one variable is observed while other relevant variables are held constant
Significance & scope of operation research in modern management
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
Dynamic programming may be considered thoutgrowth of mathematical programming and involves the optimization of multistage( sequence of inter related decisions) decision process
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
Types of Correlation 1. Positive Correlation : When the values of two variables move in the same direction .e. when an increase in the values of one variables is ass
application area of linear programing problem
CONSIDER A BARBER SHOP WITH ONE CHAIR, ONE BARBER AND NO ROOM FOR CUSTOMER TO WAIT. IF THE CHAIR IS EMPTY WHEN THE CUSTOMER ARRIVES,HE ENTER THE SHOP AND HIS HAIR CUT BEGINS. IF TH
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