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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.
Government Documents: Government publications are the official documents brought out at government expense. They are the records of activities of the (1) Executive, (2) Legis
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
Secondary Periodicals: Secondary Periodicals Secondary periodicals are abstracting and indexing periodicals. They are also called documentation periodicals. They are a syst
Usefulness of Correlation 1.Correlation is very useful to economists to study the relationship between variables like price and quantity demanded. To businessmen it
Regression Line The line of regression is the line which give the best estimate to the values of one variable for any specific values of other variable. For t
Discuss the methodology of operation research
factors affecting tha transportation cost
wha
A DRUG MANUFACTURER produces 2 products X1 and X2.X1 needs 2 hours on machine A AND 2 HOURS ON MACHINE B.X2 needs 3 hours on machine A and 1 hour on machine B.If machine A can run
Q3. Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 4 X
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