farmer wishes to plant only crop, decide which should be his best crop using (i) Maximin (ii)Minimax . The research department of Hindustan Ltd. has recommended to pay marketing department to launch a shampoo of three different types. The marketing types of shampoo to be launched under the following estimated pay-offs for various level of sales.
Types of shampoo Estimated Sales (in Units) 15000 10000 Egg shampoo Clinic Shampoo Deluxe Shampoo What will be the marketing manager’s decision if (i) Maximin and (ii) Minimax principle applied? . Following pay-off matrix, which is the optimal decision under each of the following rule (i) maxmin (ii) minimax Act States of nature S S S S A A A A Exercise . Choose the correct Answer .
The transportation problem is said to be unbalanced if . (a) Total supply ≠ Total demand (b) Total supply = Total demand (c) m = n (d) m + n – . In a non – degenerate solution number of allocations is (a) Equal to m + n – (b) Equal to m + n + XII Std - Business Maths & Stat EM Chapter - - Operations Research (c) Not equal to m + n – (d) Not equal to m + n + . In a degenerate solution number of allocations is (a) equal to m + n – (b) not equal to m + n – (c) less than m + n – (d) greather than m + n – .
The Penalty in VAM represents difference between the first (a) Two largest costs (b) Largest and Smallest costs (c) Smallest two costs (d) None of these . Number of basic allocation in any row or column in an assignment problem can be (a) Exactly one (b) at least one (c) at most one (d) none of these . North-West Corner refers to (a) top left corner (b) top right corner (c) bottom right corner (d) bottom left corner . Solution for transportation problem using