## Management science: a self-correcting approach |

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activity alternative analysis assignment average number Bedouin Bernoulli process calculate carrying cost closed path coefﬁcients column computed constraint continued corner point critical path daily demand decision maker decision table decision tree determine difﬁcult dummy equal equations Evansville event EXAMPLE expected expected monetary value favorable market feasible region ﬁnal ﬁnd ﬁrm ﬁrst ﬁve following game Formulate game outcome given the following ingredient linear programming linear programming problem LP problem machine marginal proﬁt matrix of transition Maximize proﬁt maximum EMV minimax Mix Quantity number of units objective function Ofﬁce optimal solution optimum order order quantity ordering cost percent perfect information probability distribution project completion queuing random numbers random variable reorder point saddle point safety stock simplex algorithm simplex method simulation slack variables smallest number solution mix solve step stockout subtract total cost unfavorable unused square Warehouse Y’s strategy zero