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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.
disadvantages of modeling in operational research
The supply of a certain good is inspected periodically. If an order is placed of size x >0 (integer), the ordering costs are 8+2. x. The delivery time is zero. The demand is stoc
formulate the linear programming model of the table above
Background: The use of "Tablet Personal Computers" such as HP's TouchPad and Apple's iPad has been increasing over the past several years. Task: Using a web browser and quality,
1. Determination to enter a new territories. 2. To decide to enter a new market or not. 3. To determine how much production capacity to be builds up. 4. Helpful in
Weaning and Definition A systematic arrangement of classified data in labelled columns and rows is known a statistical table. Turtle has given a comprehensive defin
How do we determine EOQ?
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
how to solve simplex method in LPP?
Scattered Responsibility and Authority: In a big industry responsibility and authority of decisions making is scattered throughout the organization and thus the organization.
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