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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.
six operators are to be assigned to the 5 jobs with the cost of assignments
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
how to solve it
in a rectangular game ,pay of matrix of player A is as follows
Disadvantage of standard Deviation It is not easy to understand and calculate. It gives more weight to the extremes and less to the items nearer to mean. Since
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
#questiona paper mill produce two grades of x&y.becouse of raw material reswtriction
Question 1) What are the advantages of retailing. Write a brief note on retailing in India Question 2) Define franchising. What are the advantages and challenges of franch
A paper mill produces two grades of paper viz., X & Y. Because of raw material restrictions, it cannot produce more 400 tons of grade X paper & 300 tons of grade Y paper in a week.
Given an inventory system where Yearly demand = 120 units Ordering cost = Sh. 45 Price per unit = Sh. 200 Annual carrying cost = 24% of the unit cost Determine The economic or
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