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disadvantages of model in operational research
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
The demand of ice cream during the three summer months (June, July, and August) at All-Flavors Parlor is estimated at 500,600, and 400 20-gallon cartons, respectively. Two wholesal
Bibliography Format a. Introduction : Bibliographies tell readers where they can locate information about a topic. It is a list of sources of information for a repo
Each day you own 0 or 1 stocks of certain commodity. The price of the stock is a stochastic process that can be modeled as a Markov chain with transition rates as follows
Choose a publicly traded company (NYSE, AMX, or OTC) that interests you. If you don't know how to choose a company, think of IBM, DELL computer, Nike, Apple computer, GM, Ford, Nok
Edwards Life Sciences is trying to decide if it should sell a new type of medical product. Fixed costs associated to the production of the product are estimated to be $30,000. Th
CONSTRUCTION PROCEDURE The construction of an interview schedule or questionnaire is a time consuming task requiring considerable attention to all the details. The investig
In your own words, describe the special cases of integer programming and binary programming: what makes these problems different? Give an example of each, pointing out why they mus
Reports: Report literature is an important primary source of information, particularly for a research library. This new medium for communication of information came into bei
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