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Problem: A policy maker is considering several policy options that lead to different utility levels of different individuals a) Which Policy is would be optimal according t
Operation research is only a Tool of Analysis and Not the Complete Decision making Process: It should always be kept in mind that O. R alone cannot make the final decision . it
. 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
six operators are to be assigned to the 5 jobs with the cost of assignments
Select one of the topics listed 1-6 below and outline a programme of quantitative research for its investigation. The assignment should cover issues of sample design, instrumen
Background: The use of "Tablet Personal Computers" such as HP's TouchPad and Apple's iPad has been increasing over the past several years. Task: Using a web browser and quality,
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
A certain type of machine breaks down at an average rate of 5/hour. the break down is in accordance with Poisson process.cost of idle machine hour is $15/hour. 2 repairmen Peter an
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