## A study manual for operations researchEugene A. Narragon Education and Examination Committees, Society of Actuaries and Casualty Actuarial Society, 1980 - Business & Economics - 316 pages |

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activity Acts Events apply artificial variable assume assumption augmented matrix average backward induction basic feasible solution basic solution Bayes decision rule calculations choice column consider constraints corresponding cost decision maker decision problem decision tree diagram demand determine drill dual dynamic programming equal equations estimate event fork EVPI example expected payoff expected utility expected value exponential distribution formulation gamble given illustrated iterations linear programming problem market nationally matrix maximin payoff maximize mean method minimize minimum Node nonnegative number of customers objective function obtained occur operations research optimal solution outcomes parameter payoff table perfect information possible primal prior probabilities probability distribution procedure profit queue queuing system queuing theory random numbers random observations reference lottery represents risk route sample seismic survey sequence servers simplex algorithm slack variable solution vector stage Suppose test marketing tion Type-II unit waiting zero