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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.
the following table gives place under different states of nature Strategies States of nature s1 s2 s3 A 10000 3000 2000 B
Do it Everything about the presentation is ready and so are you. The only things left if to face the audience in a confident and positive manner and leave a mark on
Question: (a) A company sells three different products X, Y and Z. The company makes a profit of Rs. 35, Rs. 50 and Rs. 60 per unit on products X, Y and Z respectively. The th
asm-method
what is optimal condition?
Problem 1 Explain the key elements, which contribute to a sound and effective strategy. >>Explanation of following elements Market Consumers Competition Skil
meaning,significance of operations research in bussiness management?
What are the features of Operations Research?
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
Reference Books: Definition According to William Katz (1969) a Reference book generally has the following qualities: It is a miscellany of information organised for quick
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