Winter 2013 Master of Business Administration- MBA Semester 2 MB0048 – Operations Research - 4 Credits (Book ID: B1631) (Roll no: 1305009661) Q.1: Discuss the various stages involved in the methodology of Operations Research. Briefly explain the techniques and tools of Operations Research. Ans: The basic dominant characteristic feature of operations research is that it employs mathematical representations or models to analyse problems. This distinct approach represents an adaptation of the
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1. What time period does The American Cyclopaedia use to explain the “Dark Ages”? According to The American Cyclopaedia‚ the “Dark Ages” began in 400 CE and lasted until about 1400 CE. 2. Does “intellectual depression” refer to the people of the “Dark Ages” or historical knowledge of the time? The term “intellectual depression” refers to the historical knowledge of the “Dark Ages”‚ because historians believed that not many innovations came about during this time‚ thus making it an intellectual depression
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3 EXPLAIN HOW THEORIES OF DEVELOPMENT AND FRAMEWORKS TO SUPPORT DEVELOPMENT INFLUENCE CURRENT PRACTICE. Theories of development offer insights into the forces guiding childhood growth and what can affect them. Each offers insight but each has limitations‚ which is why developmental scientists use more than one theory to guide their thinking about the growth of children. Current practice is based on many years of knowledge and experience. This helps us to understand children learning‚ development
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‘Discuss the ways in which the government may use Fiscal policy to help the economy grow out of a recession. Reference must be made to some policies that the current government has actually use’ Fiscal policy involves the use of government spending‚ taxation and borrowing to affect the level and growth of aggregate demand‚ output and jobs. Fiscal policy is also used to change the pattern of spending on goods and services. It is also a means by which a redistribution of income & wealth can be
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American InterContinental University MGMT415-1004B-01 Global Operations Management Strategic Management Plan for PPQ Parts By Ivelise Torres October 16‚ 2010 Vision Statement Within the next four years‚ PPQ Parts goal is to grow and expand globally‚ increase revenue and their profit share. PPQ Parts corporate value is to contribute to all the local communities in which they do business by donating a percentage of the total company profit and plans in the next four year
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Economics Prep 3 Complete Paper 1 Essay Question: Q1 A and B page 169 A) Explain three uses of national income statistics B) Evaluate the use of GDP figures as a means of comparing countries. A) National income (total net value of all goods and services produced within a nation over a specified period of time) statistics have many different uses. It is for example used as a comparison scale between countries. This is a useful information‚ if for example a country needs help‚ but the resources
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background. It provided with how devoted he was in his religion. Goliber‚ Sue Helder. "Louis IX." World Book Advanced. World Book‚ 2012. Web. 10 Nov. 2012. - I used this to know the political background. It also gave me some social background and the way he had his empire organized. Jordan‚ William C. Europe in the High Middle Ages. New York: Viking‚ 2003. Print. - I used this cite to know about Louis IX rulership. It showed how he used ties between his rulership and the church. It also talked about
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and John K. Hewitt released their study Relationship Between Adolescent Marijuana Use and Young Adult Illicit Drug Use examining a number of components of the gateway theory as it applies to marijuana use and its effect on progression toward use of other illicit drugs. In order for researchers to relate marijuana use to the gateway theory‚ they examined (1) whether adolescent marijuana use predicts young adult drug use‚ (2) whether this association persists when controlling for similar family background
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information‚ you’ll then begin planning your project. The planning stage depends on the size of your project‚ how much information you have to organize and how large your team is. The end result of planning should be a clear project plan or schedule‚ from which everyone will follow their assigned tasks. Execution Now that you have a solid project plan‚ the team can begin executing the project against their assigned tasks. This is the stage where everyone actually starts doing the work. You’ll want to officially
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and services. Without innovation organisations can lose their competitive edge to competitors in the market every operation department in any organisation need to develop innovative products‚ services‚ process‚ designs and manufacturing processes in order to respond to customer requirement and improve services delivery of an organisation. African organisation need to integrate operation strategy with innovation management in order to effectively compete with world-class organisation and improve their
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