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Operations research is used by manager in making business decisions. What are five each of its merit and demerit that the users need to be aware of?
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
Frequency Distribution Graphs Frequency distribution graphs may be histogram frequency polygon frequency curve ogive curve. 1. Histogram The histogram is draw f
Sources of Hypothesis Hypothesis may be developed from various sources. Some of the important sources are the followings: 1. A Hypothesis Arises from Intuition
Method of Concurrent Deviations The coefficient of concurrent deviation or coefficient of correlation b the concurrent deviation methods is given by the formula. R
Importance of Normal Distribution Normal distribution plays a very important role in statistical theory and in particular in sampling theory. It has been found th
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
Classification of documents by information Characteristics: The schemes of classification advocated by Hanson and Grogan are mainly based on the information characteristics of
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
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