## Quantitative Management, a Self-teaching Guide |

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### Contents

Project Scheduling and Control 34 | 34 |

Simplex Solution Method II | 179 |

The Transportation Method | 209 |

Copyright | |

4 other sections not shown

### Common terms and phrases

act a2 activity AOL tableau arrive average Bayesian revision best act breakeven point chapter cj-Zj closed path Compute the expected constraint criterion decision problem decision tree decision variables decision-maker determine dummy E[tq E[ts economic order quantity EVPI example in frame expected opportunity loss expected payoff expected value feasible region graph holding costs Identify improvement value initial basic solution inter-arrival inventory latest finish linear programming model linear programming problem maximize Maximum Payoff minimax minimize Mukluk objective function Opportunity Loss Table optimal solution ordering costs payoff table per-unit percent perfect information PERT chart pivot column pivot row posterior probabilities prediction prior probabilities probability distribution problem in frame production profit quantity queuing system random numbers service facility simplex format simplex method slack variable solve Step surplus variable total cost transportation tableau units unused cell updated waiting zero Zj values