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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.
Profitable Casino Corp. (PCC) is a Harrah's wannabe, intent on mimicking Harrah's analytical marketing techniques. For example, PCC issues virtually all gamers a PCC "Rewards" car
Scope of operations research
#quesQuestion. a paper mill produces two grades of paper viz.,xand y.Bacause of raw material restrictions, it cannot produce more than 400 tones of grade x paper and 300 tons of g
Importance of models
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Q2.Six 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 assignm
#questA 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 p
Scenario: You work as a junior employee in the marketing department of a medium-sized Hong Kong organisation. One of your major tasks is your involvement in your organization's
A company uses 4 pounds of resource 1 to make each unit of X1 and 3 pounds of resource 1 to make each unit of X2. There are only 150 pounds of resource 1 available. Which of the fo
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