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basic requirements for solving linear programing using simplex method
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
A company manufactures 2 kinds of hats. Each hat of the I type needs twice as much as labour time as the II type. The company can manufacture a sum of 500 hats a day. The market re
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
The following equation gives Jane's linear demand curve for visits to a nearby national park. Q is the number of visits per week and P represents the price of a pass (price per vi
In a big industry the numbers of factors influencing a decision have increased situation has become big and complex because these factors interact with each other in complica
how do you use gantt chart for solving sequencing problem ? why is it not employed for solving larger problems?
Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assignment
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Pamphlets - classification of documents: A pamphlet is an independent publication. It is normally a document of a few printed pages, usually less than 49. Pamphlets cover an e
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