Organizations are facing exciting and dynamic challenges in the 21st century. ....
The following assumptions are made for this model....
In general, a queueing model can be classified into six categories using Kendall’s notation with six parameters to define a model. The parameters of....
A system consists of three components, namely, (i) input, (ii) processes and (iii) output. ....
A business organization may be either production oriented or service oriented or both.....
In the sequel, we consider illustrative situations so as to explain the process of problem formulation in goal programming.....
Generally speaking, the objective of a business organization is to maximize profits and to minimize expenditure, loss and wastage. ....
Solve the following game by simplex method for LPP:....
When there is neither saddle point nor dominance in a problem of game theory and the payoff matrix is of order 3x3 or higher, the probability and grap....
Now we consider the graphical method of solution to the given game. ....
When the second player B has exactly two strategies and the first player A has m (where m is three or more) strategies, there results an m x 2 game. ....
Now we consider the graphical method of solution to the given game. ....
When the first player A has exactly two strategies and the second player B has n (where n is three or more) strategies, there results a 2 x n game. ....
Solve the following game by graphical method.....
Take probability and expected value along two rectangular axes in a graph sheet.....
Consider the game with the following pay-off matrix.....
A strategy, say s, can also be dominated if it is inferior to a convex linear combination of several other pure strategies. ....
In the previous lesson, we have discussed the method of solution of a game without a saddle point. ....