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discuss applications and scope of operations research in diverse areas.
Cost- sampling decisons σ x¯ =S/√n Where is the standard error of he mean is the standard devaluation of the population and n is t
Standard Deviation The standard deviation of samples (s) can be estimated by the pilot study past studies and the ranges of distribution. A pilot study may be conducted
RANGE Range is the difference between the highest and the lowest value is series. This is the simplest absolute measure of dispersion. Symbolically : R= L- S
Decide upon the Objective What is it that you aim to achieve the end of the presentation ? your objective should be crystal clear. Do not stray or move a ways
Solve the following Linear Programming Problem using simple method Maximize Z= 3x1 + 2x2 Subject to the constraints: X1 + X2 = 4
Discuss the methodology of operation research
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
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
Q. Explain Research Terminology? Research Terminology - Independent and Dependent variables: There are many practical problems in which the values of one variable depend upon t
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