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Merits
a.It is simple to understand and easy to calculate.
b.It is very useful in the case of data which are of qualitative nature like intelligence honesty beauty efficiency etc.
c.No other methods can be used when ranks are given except this.
d.When the actual data are given this method can also applied.
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
How do we determine EOQ?
what are the characteristics of operation research
difference between simplex solution procedure for maximisation and minimisation
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This is a procedure of determining the potential if any for improving each of the non basic variables in terms of the objective function. To determine this potential each of
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
Determine feasible space for x1-x2= 8
WHAT ARE THE SIGNIFICANCE OF OPERATION RESEARCH
Objectives of Measuring Dispersion a. To judge the Reliability of Measures of Central Tendency: Measure of dispersion is the only means to test the representative charac
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