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Traditional Approaches to Managerial Decision
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activities actual alternative analysis applied approach areas assigned average break-even calculated capital Chapter chart considered control charts cycle decision demand determine discount discussed duction economic economic order quantity elements employee equipment estimate evaluation example expenses facilities factors firm firm's fixed costs forecast forklift truck function Gantt charts increase industrial engineering industry inputs inventory investment labor costs layout line of balance linear programing machine maintenance manufacturing materials handling ment method needed normal operating output standards over-all percent performance period PERT planning and control plant preventive maintenance problem product line production management production planning production process profit purchasing quantity result safety stock sampling schedule simple simple moving average slack variables specific task techniques therblig tion transistor units variable variance volume worker