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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.
models of inventory management
A paper mill prouduces two grads of paper viz., X and Y. Becouse of raw material restriction, it cannot product more then 400 tons of grade X paper and 300 tons of grade Y paper in
Horton and hunt have given followings nine characteristics of scientific method: 1. Verifiable evidence i e, factual observations which other observers can see and check
Disadvantages of Mean Deviation a.Mean deviation ignores the algebraic signs of the deviations and such it is not capable of further algebraic treatment. b.It is no
disadvantages of modeling in operational research
Level of Significance In testing a given hypothesis the maximum probability with which we would be willing to take risk is called level of significance of the test.
Uses of Mean Deviation Mean Deviation is rarely being used as a measure of dispersion. But due to easy and simplicity in calculation. It is rather useful in busin
nature and types of problems
The Operations Function has always relied heavily on information for its smooth running. During this course information has been introduced as one of the five inputs to the convers
3. 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 pape
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