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Some areas of applications are Purchasing, Procurement and Exploration Quantities and timing of purchase Replacement policies Rules for buying, supplies Finance, Budgeting and Inv
Uncertainly : There is a great uncertainly about economic and general environment. With economic growth uncertainty is also growing's. this makes each decisions costlier
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
what is similation model as a type of mathematical models
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EXPLAIN THE OR TECHNIQUES
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How to solve linear programming problems using simplex method introducing slack variable,surplus variable and artificial variable
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Decide upon the Objective What is it that you aim to achieve the end of the presentation ? your objective should be crystal clear. Do not stray or move a ways
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