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This is a procedure of determining the potential if any for improving each of the non basic variables in terms of the objective function. To determine this potential each of the non basic variables ( empty cells) is considered one by one. For each such cell well find out as to what effect on the total cost would be if one unit is assigned to this cell. Within this information then we come to known whether the solution is optimal or not. If not we improve that solution. To understand it we refer to the example containing the initial basic feasible solution obtained by least cost rule.
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
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
#quesQuestion. a paper mill produces two grades of paper viz.,xand y.Bacause of raw material restrictions, it cannot produce more than 400 tones of grade x paper and 300 tons of g
McColvin's Principles: L.R McColvin advanced his Demand and Supply Theory of Book Selection in 1925. He states, "Books in themselves are nothing. They have no more meaning tha
Significance of operation research
the application areas of linear programming
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
A Company produces 150 cars. But the production rate varies with the distribution. Production Rate Probability 147 0.05 148 0.10 149 0.15 150 0.20 151 0.30 152 0.15 153 0.05 At pre
DECILES The nine points on the scale of observations ( or values of the variable) which divide the total frequency into ten equal parts are called deciles for the data
Explain the classification of models 1. Classification by function or uses 2. Classification by degree of qualification 3. Classification by physical characteristics 4. Classidicat
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