## Quantitative analysis for managerial decisions |

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### Contents

Problems | 1 |

Deﬁning Decision | 8 |

Probability calculations | 14 |

Copyright | |

25 other sections not shown

### Common terms and phrases

Activity Network analysis artiﬁcial variables basic feasible solution Basis Basis Solution Basis Solution variables calculations called canonical system coeﬂicients column completed critical path decision alternative decision problem deﬁne deﬁnition demand earliest economic order quantity event example expected ﬁgure ﬁnd ﬁnish ﬁrst ﬂight ﬂow following linear-programming problem given holding cost Increased revenues integer programming integer programming problem inventory level inventory management investment Linear machine Markov chain maxf maximize million minimize the total node nonnegativity constraints objective function obtained optimal simplex tableau optimal solution option player Poisson distributed primal probability distribution proﬁt random variable shadow prices simplex method slack variable solution values Solution variables prices solve speciﬁed standard deviation strategy supply of alpha Suppose Table total cost total ﬁxed cost total order total revenue transition probability unit of alpha unit of Product unit variable cost value of f waiting line waiting-line system weeks zero