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Multiple Objectives
The sample may vary according to the objective of the research. There may several objectives of marketing research so the sample size may vary as per distinctive objectives. Apart from these objectives statistical variable are also taken into consideration viz, confidence level desired standard deviation and so on. These may also affect the samples size.
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
how to use simples method
Line Balancing Methods - Heuristic Approach Heuristic mean serving to find i.e. to find out discover things for oneself. Heuristic describes a particular approach to problem so
give me an example of pre-modelling, modelling and post modelling phases
Method of calculation of Mode Calculation of Mode Individual series: For determining mode count the number of times the various values repeat themselves and the va
a paper mill prodecs 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 in
What is meant by a mathematical model of a real situation? Discuss the importance of models in the solution of Operations research problems
Explain Decision Making Process. Decision Making Process: A good decision can only be prepared as a result of a rational decision making process. The different stages of the
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what is operation research an management decision making
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