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This is determined by disposable personal income( personal income minus direct taxes and other deductions ). Some people suggest the use of discretionary income in place of
Characteristics a. Discrete Distribution: Like binomial distribution it is also a discrete probability i e, occurrences can be described by a random variable. b.
Data Management As your research project progresses you will quickly gather more and more data. These need to be managed in such a way that they can be accesses and
Exercise Define the terms used in LPP. Mention the advantages of LPP. What are the assumptions and limitations of LPP? A firm produces three pro
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
explain characteristic of operation of research.
Method of Calculation of Mean Deviation a. Computation of Mean Deviation Individual Series : The process of computing mean deviation in case of individual series involves
With practical example
how did operation research evolve
North West Corner Rule for Initial Solution: Now by applying North West corner rule we can initial solution. According to this rule without regard to cost consideration the
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