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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.
Inherent forces fomenting conflicts of interest Several forces have coalesced to increase the incidence of conflicts of interest in the medical industry: the vertical integrat
a pipe lis dur for rpair,the repair would cost 10000 and it would last for 3 years.alternatively a new pipe line can be purchase at 30000 for 10 years.assuming 10% depriciation rat
what are the classification of or model
solve the following linear programming problem using simplex method maximize z=3x1+2x2 subject to the constraints: x1+x2 x1+x2 x1,x2>=0
CRITICAL EXAMINATION OF THE APPLICATION OF DECISION THEORY TECHNIQUES OR MODEL IN BUSINESS DECISION MAKING IN NIGERIA
the application areas of linear programming
Problems based on LPP when feasible region is a line segment or it does not exist. 1. Maximize z = 2x+3y subject to the constraints X + y ≤ 1 X + y ≥ 3 X, y ≥ 0
1 strategic implication of product and process decisions 2 process planning and design 3 work measurement
disadvantages of modeling in operational research
Methods is a tool or a techniques used to collect data. It is procedure for obtaining knowledge based on empirical observation and logical reasoning. Field Study Metho
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