Problems and Models in Operations Management |
Common terms and phrases
acceptance activity added analysis annual arrival artificial assignment Assume average breakeven capacity cell coefficient completion considered constant cost decision defectives demand depreciation determine developed distribution dual element entering equal equations estimate EXAMPLE expected Figure fixed forecast given increase indicates integer interval inventory investment limit linear programming machine manager manufacturing matrix maximize maximum mean method minimize negative objective function obtained operation optimal optimum solution path percent performance period plant positive present value primal probability problem profit purchase quantity random rate of return restraint result sample selected sell simplex simplex method simulation single slack solved standard stations strategy subtracted tableau technique units usually variables vector waiting week weight zero