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PART 1WHAT IS OPERATIONS RESEARCH?
Operations Research for Management
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accounts actual alternative amount analysis applied average Avgas basic bility capacity cent company's complex consider decision problem determine developed deviation distribution dollars dynamic programming effect Equation error estimate example executives expected experiment fact factor analysis factors Figure forecast game theory given H. J. Heinz Company inventory investment involved large number linear programing logical machine mathematical model matrix measure ment method mixed strategy Monte Carlo method obtained Operations Research optimal outcome output payoff payoff matrix plant possible prediction prob proba probability procedure production profit quantity reorder represent Research & Synthesis safety stocks salesmen sample mean scheduling scientists selected selling price shipments shows simple random sample simulation situation solution solved specific statistical strategy Table techniques tion tive total cost units variables warehouse