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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.
if there were n workers and n jobs there would be
Multiple Objective s The sample may vary according to the objective of the research. There may several objectives of marketing research so the sample size may vary a
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a manufacture wants to ship 8 loads of his product as shown below. The matrix gives the mileage from origin to the destination D.
Properties of Normal Distribution a.It is a continuous probability distribution having parameters m and . b.The normal curve is perfectly symmetrical about the mean (
These models deal with the selection of an optimal course of action given the possible pay offs and their associated probability of occurrence. These models are broadly
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2
Knowledge: The dictionary definition of knowledge is 'organised body of information or the comprehension and understanding, consequent on having acquired an organised body of
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Uses of Mean Deviation Mean Deviation is rarely being used as a measure of dispersion. But due to easy and simplicity in calculation. It is rather useful in busin
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