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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.
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
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2
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
#questiSix Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no ass
the following table gives place under different states of nature Strategies States of nature s1 s2 s3 A 10000 3000 2000 B
Methods of calculation of standard deviation a. Calculation of Standard Deviation - Individual Series: There are two methods of calculating standard deviation in an ind
Case Study Methods: It is studying the phenomenon event situation or development through a thorough and detailed analysis or intensive study. The case may be an individual a gr
Bibliography Format a. Introduction : Bibliographies tell readers where they can locate information about a topic. It is a list of sources of information for a repo
Disadvantage of standard Deviation It is not easy to understand and calculate. It gives more weight to the extremes and less to the items nearer to mean. Since
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 observat
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