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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 Methods: This is the methods which involves direct study of field situations. The field study is concerned with a thorough account of the processes under investigation ( say study of poverty and unemployment in the village) than with their typically in a large universe. In field study methods subjects are observed under their usual environmental conditions of life rather than under laboratory conditions. The subjects may or may not be aware of beings observed. Often interview are used in this methods.
Some areas of applications are Purchasing, Procurement and Exploration Quantities and timing of purchase Replacement policies Rules for buying, supplies Finance, Budgeting and Inv
On the Basis of Ratio of Change Direction a. Linear Correlation: The correlation between two variables a said to be liner if corresponding to a unit change in th
The town of Silverton, Colorado, has three gasoline stations, Shell, Exxon, and Arco. Customer selection of service stations can be modeled as a Markov process, with the following
layout of any retailer shop and the reasons for the layout
After testing the model and its solution the next step of the study is to establish control over the solution by proper feedback of the information on variables which deviated
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
Properties of Normal Distribution a.It is a continuous probability distribution having parameters m and . b.The normal curve is perfectly symmetrical about the mean (
Festinger and Katz have described followings six steps in the conduct to a field study. a. Preliminary Planning :Deciding scope and objectives of study and the time table
You are a manager at a medium sized manufacturing operation that sells a customized product directly to the consumers and the data pattern is linear but it can have the occasion ra
how did operation research evolve
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