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their definitions and the advantages and disadvantages
Dynamic programming It is an extension which finds solutions to problems involving a number of decisions which have to be made sequentially. For example, the amount of a produc
Non-zero lead time (determining reorder point) This basic EOQ model assumes that the suppliers lead time is zero (i.e. goods are delivered immediately on the day the order was
Compute the equ units of production?
Advantages and limitations of game theory Advantage: Game theory helps us to learn how to approach and understand a conflict situation and to improve the decision maki
how do i calculate the actuarial gains or losses on the present value of plan obligations?
Discuss the different roles played by the qualitative and quantitative approaches to managerial decision making
I WANT TO KNOW THE RULES FOR DOING LIFO AND FIFO
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Assumption of break even analysis The break even analysis is based upon the following assumptions : 1) All elements of cost, i.e., production , administration and selling di
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