General Methods for Solving OR Models
Usually three types of methods are there for solving OR models
Analytic method
Analytic solutions are those when the OR model is solved by taking use of all the tools of classical mathematics like differential calculus and finite differences available for this job. Solutions of diverse inventory models are obtained through adopting the so called analytic procedure.
Iterative method
If classical methods fall short due to complexity of the constraints or the number of variables, then we are generally forced to take on an iterative method. This type of procedure begins with a trial solution and a series of rules for improving or enhancing it. The trial solution is then substituted with the improved solution and the process is repeated until either no additional improvement is possible or the cost of additional calculation cannot be justified.
Iterative method can be sub-divided into three groups
The Monte-Corlo method
The basis of Monte-Corlo technique is random sampling of variables values from a distribution of that variable. Monte-Corlo takes the use of sampling methods to approximate the value of non-stochastic variables.
The main steps of this method are listed below
Step 1 - To get a general idea of the system, firstly draw a flow diagram of the system
Step 2 - Then, take accurate sample observations to choose some suitable model for the system. In this step, calculate the probability distributions for the variables of our interest.
Step 3 - Then, change the probability distribution to cumulative distribution function
Step 4 - A series of random numbers is now chosen with the help of random number tables
Step 5 - Establish the sequence of values of variables of interest with the sequence of random numbers getting in step 4.
Step 6 - Lastly create standard mathematical function to the values obtained in step 5
Need Operation Research Assignment Help - Homework Help?
Do you have pending homework in Operations Research or troubled with incomplete assignments?
TutorsGlobe offers email based service in operation research homework help, operation research homework help and answering questions with best qualified and experienced subject tutor's assistance. Mostly students are not finding core concept and good materials for operation research subject and topics, We at TutorsGlobe prepare world class study materials and provide you freely on web. Our tutors are working for students giving those benefits of higher education teaching experience. Get solved problem just in time by professionals and compare yourself, you will get easy to solve same kind of problems in future.
Why TutorsGlobe for Operation Research Assignment Help
tutorsglobe.com classification of virus assignment help-homework help by online viruses tutors
tutorsglobe.com uses of coordination compounds assignment help-homework help by online coordination compounds tutors
Economic Anthropology Assignment Help to get custom-written assignments and get them done before given deadline as per the guidelines.
www.tutorsglobe.com offers factors affecting elasticity of supply homework help - factors affecting elasticity of supply assignment help, economics solutions by tutors.
tutorsglobe.com viral genetics assignment help-homework help by online virus tutors
TutorsGlobe.com Alkanols-Classification-sources-uses of Alkanols Assignment Help-Homework Help by Online Access Chemistry Tutors
tutorsglobe.com state preferences assignment help-homework help by online choice under uncertainty tutors
: www.tutorsglobe.com offers nomenclature & structure of amines homework help, nomenclature & structure of amines assignment help, online tutoring assistance, organic chemistry solutions by online qualified tutor's help.
tutorsglobe.com vitamins assignment help-homework help by online nutrition tutors
tutorsglobe.com gamopetalous and irregular assignment help-homework help by online forms of corolla tutors
Navigation in Birds tutorial all along with the key concepts of Compass Mechanisms, Sun compass, Star compass, Geomagnetic compass, Map-like or Navigational Mechanisms and Neural Representation of Space in Birds
Friction tutorial all along with the key concepts of Laws of Friction, Coefficient of Friction, Coefficient of Friction Formula, Nature of Friction, Coefficients of static and kinetic friction, Frictional Coefficient
tutorsglobe.com plant growth assignment help-homework help by online plant physiology tutors
tutorsglobe.com kingdom protista assignment help-homework help by online five kingdom system of classification tutors
application and scope of managerial economics including the key concepts of managerial economics, average value, horizontal boundaries, marginal value, vertical boundaries, imperfect market, economic model, market power and stock
1959552
Questions Asked
3689
Tutors
1475505
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!