An Introduction to Quantitative Methods for Decision Making |
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Contents
Introduction | 1 |
Probability Distributions | 37 |
The value of information | 99 |
Copyright | |
24 other sections not shown
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Common terms and phrases
activity actual additional allocation amount analysis approach arrivals assignment associated assume average becomes calculations called chapter coefficients column Company completely conditional consider constraint contract cost customers decision defective demand determine developed discussed equal equation estimated event example expected feasible Figure fraction given holding increase inventory involving least limited linear marketing maximize maximum mean method minimize models node normal noted number of units objective function obtained occur opportunity loss optimal optimal solution outcome percent perfect information period possible prior probability distribution problem production profit programming queue random variable range represents sample selected shortage shown situation solution solve stage standard deviation subjective success Suppose Table units utility weighted zero