URL Means URL stands for Uniform Resource Locator. Basically, it is a web address such that reference to a web resource. We can say that it is a location on the computer network and method for retrieving it. Other…

Chi-Square is a statistical tool but, it is used as parametric and non-parametric both ways. It is a statistic such as, used in different fields where we use it statistic like as, 1- Independent of two attributes….

Numerical Model of LPP:- Objective:- The main objective is long-run profit maximization and find optimal production Quantity (Mix). The measure of effectiveness: The measure of effectiveness is profit obtained from each type of models so…

Confidence intervals consist of a range of values (interval) that act as good estimates of the unknown Population parameter. However, the interval computed from a particular sample does not necessarily include the true value of…

Mathematical Model of LPP:- The general mathematical model of LPP (or model) with n decision variables and m constraints can be stated in the following form : There are some limitations associated with this…

Linear Programming Problem is a mathematical technique for finding optimal solutions to problems. Its problems expressed using linear equations and inequalities. The real-world problems represent accurately by the mathematical equations of a linear program also…

Every Operations Research specialist may have his own way of solving problems. However, the effective use of Operations Research techniques require to problem solving consists of the following six steps: a).Formulation of the problem : It…

Optimal Production Policy Under Certain And Uncertain Environment INDEX:- CONTENTS: 1. Introduction of Operations Research 2. A methodology of Operation Research 3. What is Linear Programming Problem 4 Mathematical Model for LPP 5. Confidence Interval…

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