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Inventory Control Models
OPERATIONS RESEARCH MODELS
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activities approach arithmetic mean average inventory basic breakeven analysis calculated capacity CHAPTER column Company constraints contribution customers decision decision theory decision tree determine distribution dozens dynamic programming economic ordering quantity equal Equation event example expected profits factors Figure firm firm's fixed costs Gantt chart inventory carrying costs latest allowable linear programming ln order machine manufacturing marginal marginal probability market shares matrix maximize minimize Monte Carlo method number of orders number of units operations research optimal optimum number ordering costs payoff percent PERT network PERT/Cost planned probability under statistical product Alpha product Beta random numbers replaced row sales area salesmen schedule selected setup simplex method simulation slack solution solving standard deviation statistical independence step stepping-stone method strategy Table Tableau techniques total cost unfilled cell units of product utilized variable costs variable demand vector Warehouse weeks zero