Operations research approach to problem solving, Operation Research

Assignment Help:

Formulation of the Problem: Before proceeding to find the solution of a problem, first of all a manager should be competent enough to form an appropriate model. To do so followings information are needed:

a. Decision Maker

b. Objectives

c. Controllable Variables

d. How do uncontrollable variables affect the possible solution?

e. Constraints or restrictions on the variable

f. Alternative course of action

g. Measurements of effectiveness


Related Discussions:- Operations research approach to problem solving

Lpp, A paper mill produces two grades of paper viz., X and Y. Because of ra...

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

MINIMIZATION., Consider the LP min ?? = 50??1 + 100??2 3 ??.??. 7??1+2??2=2...

Consider the LP min ?? = 50??1 + 100??2 3 ??.??. 7??1+2??2=28 2??1+12??2=24 ??1,??2=0 a. A basic solution of the constraint equations of this problem has how many basic variables,

Ans, A paper mill produces two grades of paper viz., X and Y. Because of ra...

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

Describe the service tax law in usa and concept of negative, Question 1 ...

Question 1 X Ltd. has Unit C which is not functioning satisfactorily. The following are the details of its fixed assets: Asset Date of acquisiti

Explain the graicunas theory, Question 1 Discuss the impact of Henry Fayol...

Question 1 Discuss the impact of Henry Fayol's principles of management on the modern techniques of management with the help of suitable examples Question 2 Explain the Gary

Inventory models - techniques of operations research, Inventory models deal...

Inventory models deal with the problem of determination of how much to order at a point in time and when to place an order. The main objective is to minimize the sum of three

Operations research approach to problem solving, Formulation of the Problem...

Formulation of the Problem: Before proceeding to find the solution of a problem, first of all a manager should be competent enough to form an appropriate model. To do so f

Research methodology, Research Methodology 1. Discuss how the researc...

Research Methodology 1. Discuss how the research will be executed to achieve the proposed research objectives. The methodology should be based on the methods that are used in

MODERN MANAGEMENT, DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH...

DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH IN MODERN MANAGEMENT

Transportation and assignment problem, What are the computer applications o...

What are the computer applications of transportation and assignment problem

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd