Meaning and definition, Operation Research

Assignment Help:

Meaning and Definition

If a group  of N observations is  arranged in ascending or descending  order of magnitude then the  middle  value is  called  median of  these  observations  and is  denoted  by M or Me. That  is       M= N+1/2 th  observation.

According  to Prof. L. R. Conner The median is that value  of the  variable which  divides  the group into  two equal  parts  one part  comprising of all values greater and the other all values  less than  the median.

According  to Yule and Kendall " The  median may be  defined  as the middle  most or central values of  the variable  when the  values  are arranged in order of  magnitude or as the value  is such that the  greater and smaller values  occur with equal  frequency.

 


Related Discussions:- Meaning and definition

Duality, For every LP formulation there exists another unique linear ...

For every LP formulation there exists another unique linear programming formulation called the 'Dual' (the original formulation is called the 'Primal'). Same data

What do you understand by the term operations research, Question : (a) ...

Question : (a) (i) What do you understand by the term "operations research"? (ii) Discuss three common operations research models. (b) Self-service at the university c

Inflation, Inflation Inflation is a general...

Inflation Inflation is a general increase in the price of goods and services. The inflation rate, as measured by the

Operation research, Operations research is used by manager in making busine...

Operations research is used by manager in making business decisions. What are five each of its merit and demerit that the users need to be aware of?

Linear Programming Problem, A paper mill produces two grades of paper viz. ...

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

Advantages of mode - measure of central tendency, Advantages of Mode ...

Advantages of Mode a.It is easy to understand  as well as easy  to calculate. In  can be found out by  inspection. b.It is  usually an exacta value  as it  occurs most fre

Necessity of operations research, After having studied as to what is op...

After having studied as to what is operations research we shall now try to answers why its need has been felt by the industry. As already tainted out science of OR came

Assignments, A paper mill produces two grades of paper viz., X and Y. Becau...

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

Linear programing, Solve the following Linear Programming Problem using Sim...

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

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd