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DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH IN MODERN MANAGEMENT
impact of operation research
Minimize: 60P + 120Q Subject to: 2P + 3Q >10 P + 4Q >12 P, Q> 0
Operation research makes no allowance for intangible factors such as skill attitude vigor of the management people in taking decisions but in many instances success or fail
CONCEPT AND NEED FOR INFORMATION: We shall look at the meaning, of information as also the meaning of other related words such as data, facts, intelligence, advice, knowledge
User Groups: The next step would be to identify more specifically the potential user groups. This may be done on the basis of interviews, questionnaires, study of organisation
The scientific methods is thus based on certain basic postulate which can be stated as under: a. It relies on empirical evidence: b. It utilizes relevant concepts;
Regression Equations The regression equations express the regression line. As there are two regression lines so there are two regression equations. The regression equatio
Seven Step to a Successful Presentation There are seven basic step which need to kept in mind at the time of making a presentation. How successful one is at eh end
Question 1 Explain the process of problem identification with an example 2 Interview method involves a dialogue among the Interviewee and the Interviewer. Describe the inter
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