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Karpagam QT corner
India
Приєднався 25 жов 2020
Game Theory- Mixed strategy
In this video, you will learn how to calculate the value of the game using mixed strategy.
Mixed Strategy : When the players use multiple strategies with a fixed probability, then it is known as mixed strategy.
Steps to solve:
1. Find saddle point. Presence of a saddle point confirms pure strategy.
2. Saddle point is not found -
2(a) Perform a row reduction and column reduction and bring it to a 2*2 payoff matrix.
2(b) Find out the oddments , probability and value of the game.
#gametheory #gametheorymixedstrategy #mixedstrategy #gametheoryor
Mixed Strategy : When the players use multiple strategies with a fixed probability, then it is known as mixed strategy.
Steps to solve:
1. Find saddle point. Presence of a saddle point confirms pure strategy.
2. Saddle point is not found -
2(a) Perform a row reduction and column reduction and bring it to a 2*2 payoff matrix.
2(b) Find out the oddments , probability and value of the game.
#gametheory #gametheorymixedstrategy #mixedstrategy #gametheoryor
Переглядів: 1 849
Відео
Game theory pure strategy
Переглядів 7667 місяців тому
Game theory is fundamental to make decisions when 2 or more people involved. In this video, we will discuss about pure strategies.
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Переглядів 2,5 тис.11 місяців тому
Economic order quantity is a fixed order model where we try to find the optimal quantity where the ordering cost and carrying is minimum. As the business progress, the seller may try to take advantage of the quantity discount. This video covers entire gamut of EOQ with QD #EOQ #economicorderquantity #economicorderquantitywithQD #inventory #inventorymanagement Keep Watching, Keep Learning
Economic Order Quantity -EOQ Numerical | Inventory Management -EOQ
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In this video, you will learn the basic concepts of EOQ model with the assumptions and calculations. EOQ model considers the point where the ordering cost and order quantity is minimum. #inventory #inventorymanagement #EOQ #economicorderquantity #EOQnumerical #eoqproblems #eoqproblemswithsolutions
Inventory Management Basics in Operations Management| Inventory Management in Cost Accounting
Переглядів 95111 місяців тому
In this video, You will learn the basics of inventory management. 1. Total cost components - The cost involved in procuring and storing the products with other related cost 2. EOQ - Determine min qty where the cost is also minimized. Keep Watching, Keep Learning #inventorymanagement #inventory #inventoryinoperations #inventoryincostaccounting #InventoryinOR
Statistics - Mean of an Ungrouped Data
Переглядів 2,6 тис.Рік тому
In this video, you will learn how to calculate the mean for an ungrouped data. There are various ways to calculate , I have taken assumed mean method. Assumed mean method is used when you have large values. #Statistics #probability #mean #average #ungrouped data keep Watching, Keep Learning.
VAM | Vogel's Approximation Method in Transportation problem | Minimize Transportation Cost
Переглядів 2,7 тис.Рік тому
In this video, you will learn how to minimize the transportation cost using Vogel's approximation method. In this method, you will identify the first least cost and the second least cost for the entire problem. Identify the maximum penalty from the row and column. Pertaining to the maximum penalty row or column, identify the least cost and start assigning values and proceed until all the penalt...
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Переглядів 3,6 тис.2 роки тому
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Переглядів 3,1 тис.2 роки тому
In this video, you will learn how to solve transportation problem using NWC method. The transportation problem solution can be obtained in 2 stages, namely initial and optimum solution. North west corner rule is a method to arrive Initial Basic Feasible Solution (IBFS). #NWC #Transportationproblem #northwestcorner
PERT | Calculate the project variance | Program Evaluation and Review Techniques
Переглядів 176 тис.2 роки тому
In this video, you will learn how to calculate the project variance and standard deviation . PERT is used for R&D and Defence , where estimation becomes a challenge. The following steps are followed : 1. Calculate the Time Estimate 2.Draw the project network 3. Identify the critical path 4. calculate the variance and Standard deviation of the critical activities 5. Calculate the probability of ...
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Переглядів 193 тис.2 роки тому
In this video, You will learn how to perform exponential smoothing method (ESM). ESM is one of the important techniques of time series forecasting. to calculate this method, you will employ alpha constant to the actual demand and 1- alpha to the forecast demand. Keep Watching,Keep Learning #Exponentialsmoothingmethod #forecasting techniques
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Переглядів 7902 роки тому
In this video, you will learn how to perform a chi-square statistics. Chi-Square statistics is one of the popular non-parametric test. When you have categorical data (nominal and/or nominal data), chi-square test is performed to investigate whether the claim is true of a problem. This video shows you how to set up a hypothesis testing #chisquaretest #chisquareanalysis #nonparametric test
Forecasting Techniques : Moving Average, MAD, MSE,MAPE
Переглядів 104 тис.3 роки тому
This video talks about calculation of moving average and the error calculation. 1. 3 Year Moving average is used 2. Calculation of Error : Mean Absolute Deviation, Mean Square Error, Mean Absolute Percent Error. #Movingaverage #MAD #MSE #MAPE . Keep Watching, Keep Learning
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Переглядів 27 тис.3 роки тому
In this video, you will learn the basics of forecasting and the basic forecasting numerical. This video focusses on 2 method 1. Naive Method 2. Simple Average Method #forecasting #naivemethod #simpleaverage Keep Watching, Keep Learning
Sensitivity Analysis or What-If-Analysis for NPV
Переглядів 24 тис.3 роки тому
Sensitivity Analysis is an important tool in financial Modeling. In this model, we are interested to find out what will be effect of investments on NPV. This method can be pursued to find out the impact of change in variables and its impact NPV. The variables should be changed one at a time. All the time, the variables of the expected scenarios are retained .Say for example Investments - 20000 ...
How to do Line balancing in product Layouts
Переглядів 126 тис.4 роки тому
How to do Line balancing in product Layouts
CPM in Project Management & Operations Research | How to do a Critical Path Method
Переглядів 717 тис.4 роки тому
CPM in Project Management & Operations Research | How to do a Critical Path Method
Really you are the best you'r videos are simple and very clear ❤
best video!!!!!
And suppose if No of workstation calculated is more than the assigning task than
Maam if the No. of workstation we calculated before is less than when we are assigning task than will it be wrong in any case
Watching this video before 10 minutes before exam
@karpagamqtcorner8764 , thank you so much for this simple explanation. It was really helpful to understand in such a short span of time.
Such a lucid and clear explanation. Wow
Good content
Thanks ❤
Thank you, very much , very talented ok I wish for good things for you BCS you are thinking for others persons.
36/6=6
1 has to be subtracted to measure MSE
Variance how find?
In the cycle time its written no. of hours of operation but then the hour is converted into mins why so?
Thank you.this is exactly what i needed
Thank you so much
very clear and easy to understand
poor audio .. not able to understand anything
you mean every month we will less forecast appx 13% ? and it will continue ... in 7th year also you are granting only SMA ...
Easy to understand everyone thank you mam❤
Nice mam I have understand but what is slat time mam
Thank you 💕
Thanks mam it's clear explanation to understand students.
Wow... thankyou so much madam❤.....
Thanks a lot ma'am ❤
Thank you ma'am.my exam is just few hours to go
thank you so much ! Exactly what i needed.
You're the best❤
I suppose maths is much more important that this :)
Mam this is very helpful to me because i am omitting this topic from the starting of my sem. But for sem i am in a compulsion to study this topic i have refered so many videos but i got a clarity in your video . Thanks for this clear explanation mam
Very good explaination mam, keep posting such videos
For 2activity why have you taken 13 as from 2-4activity if we do 26-15 it will be 11 which minimum
❤❤❤❤❤❤❤❤super super
thank you very simply explained and very straight forward
Tqq madam ❤️
Great full, so easy way to calculate 👍
Thanks so much madam
thank you mam for your simple and clear explanation, hope it will help in my semester tommorow!!!
Thank you ma'am 😊
Mam please tell me How we can easy find Tail slack and head slack??
Many thanks
🙏🏼 life saver lecture
Thank you mam, My exam is in 1hr😅
Help full thank you . Mam 💐
Glad to know Nagesha.
Thank you so much ma'am for explaining this in such a simple way❤
My pleasure mittal 😊
Awesome mam explanation
Great teacher 👏 thank you so much
very clear explanation!
Thank you very much maam. Your videos are very helpful.