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models in operation research
Each day you own 0 or 1 stocks of certain commodity. The price of the stock is a stochastic process that can be modeled as a Markov chain with transition rates as follows
Explain the classification of models 1. Classification by function or uses 2. Classification by degree of qualification 3. Classification by physical characteristics 4. Classidicat
3 In a rectangular game, pay-off matrix of player A is as follows:
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
Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assignment
Q2. Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assign
What are the basic 5 elements of modeling process
EXPLAIN THE OR TECHNIQUES
Census Methods Complete Enumeration: If detail information regarding every individual person or item of a given universe ( or population ) is collected then the enquir
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