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In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
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Discuss the methodology of operation research
Explain why it may be advantageous to build models to help in solving a decision problem.
ABC Company manufactures both interior and exterior paints from 2 raw materials M1 and M2. The following table gives basic data of problem. Exterior
Customers arrive to a super market according to a Poisson process with intensity V = ½ per minute. The supermarket has two counters, that use a common queue. Counter 1 is always o
A FIRM MANUFACTURES HAEDACHE PILLS IN TWO SIZE A AND B
formulate the linear programming model of the table above
Festinger and Katz have described followings six steps in the conduct to a field study. a. Preliminary Planning :Deciding scope and objectives of study and the time table
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
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