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Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
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Case Study - Experimental Design Dental Clinic A leading dental clinic with three well qualified dentists is seriously considering keeping in touch with its pat
Profitable Casino Corp. (PCC) is a Harrah's wannabe, intent on mimicking Harrah's analytical marketing techniques. For example, PCC issues virtually all gamers a PCC "Rewards" car
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
Small Sample The central limit theorem does not work well with small samples even if the population in non Gaussian. So we cannot rely on the central limit theorem
Usefulness of Correlation 1.Correlation is very useful to economists to study the relationship between variables like price and quantity demanded. To businessmen it
Demerits of Range a.It gives importance to the two extreme values and is very much affected by the extreme items. b.The range provides no information about the st
Limitation The report should also point out the main limitation of the research reported therein. This will be helpful to the reader who can form his own opinion
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