OR, Operation Research

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Service distribution of the machines in a bank, ABC Bank faces a decision t...

ABC Bank faces a decision to hire two clerks or lease two automatic teller machines. Service rates of clerk 1 and clerk 2 are 41 customers per hour and 36 customers per hour respec

Sample survey methods:, Sample Survey Methods: If proposed investigati...

Sample Survey Methods: If proposed investigation is done  only on  a part taken  out of  universe then it  will be  known  as sample  survey. This  part of the universe is kno

SIMPLEX METHOD, Solve the following Linear Programming Problem using simple...

Solve the following Linear Programming Problem using simple method Maximize Z= 3x1 + 2x2 Subject to the constraints: X1 + X2 = 4

LINEAR PROGRAMMING, A DRUG MANUFACTURER produces 2 products X1 and X2.X1 ne...

A DRUG MANUFACTURER produces 2 products X1 and X2.X1 needs 2 hours on machine A AND 2 HOURS ON MACHINE B.X2 needs 3 hours on machine A and 1 hour on machine B.If machine A can run

Sing test- hypothesis testing, SING TEST The sign test  is the simples...

SING TEST The sign test  is the simplest  of the  parametric  tests. Its name comes  from the  fact  that it is based  on the direction ( or sings  for  pluses or minuses ) of

Categorizing operations research problems, what are the categorization of o...

what are the categorization of operations research problems?

Set of pareto optimal policies, Problem: A policy maker is considering seve...

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

lp-model and markov decision problem, The supply of a certain good is insp...

The supply of a certain good is inspected periodically. If an order is placed of size x >0 (integer), the ordering costs are 8+2. x. The delivery time is zero. The demand is stoc

Analytical and decision- making skills, This assessment aims to provide stu...

This assessment aims to provide students with the opportunity to hone their analytical and decision- making skills. It also aims to help students develop their ability to think cre

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