Introduction to Operations Research, Volume 1-- This classic, field-defining text is the market leader in Operations Research -- and it's now updated and expanded to keep professionals a step ahead -- Features 25 new detailed, hands-on case studies added to the end of problem sections -- plus an expanded look at project planning and control with PERT/CPM -- A new, software-packed CD-ROM contains Excel files for examples in related chapters, numerous Excel templates, plus LINDO and LINGO files, along with MPL/CPLEX Software and MPL/CPLEX files, each showing worked-out examples |
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Page 762
TABLE 15.3 The optimal policy with experimentation, under Bayes' decision rule,
for the Goferbroke Co. problem Finding from Expected Payoff Expected Payoff
including Seismic Survey | Optimal Action Excluding Cost of Survey Cost of ...
TABLE 15.3 The optimal policy with experimentation, under Bayes' decision rule,
for the Goferbroke Co. problem Finding from Expected Payoff Expected Payoff
including Seismic Survey | Optimal Action Excluding Cost of Survey Cost of ...
Page 763
FIGURE 15.8 This Excel template for obtaining the expected payoff with perfect
information is applied here to the first Goferbroke Co. problem. A_B c D E F G 1
Expected Payoff with Perfect Information for Goferbroke 2 3 State of Nature 4.
FIGURE 15.8 This Excel template for obtaining the expected payoff with perfect
information is applied here to the first Goferbroke Co. problem. A_B c D E F G 1
Expected Payoff with Perfect Information for Goferbroke 2 3 State of Nature 4.
Page 996
(b) For those days where shortages do not occur, use the probability distribution
of demand to determine the expected number of loaves of fresh bread sold. Use
this number to calculate the expected daily revenue from selling fresh bread on ...
(b) For those days where shortages do not occur, use the probability distribution
of demand to determine the expected number of loaves of fresh bread sold. Use
this number to calculate the expected daily revenue from selling fresh bread on ...
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Common terms and phrases
activity additional algorithm alternative amount analysis apply assignment assumed basic variable begin BF solution calculate called changes coefficients column complete Consider constraints Construct corresponding cost CPF solution customers decision demand described determine developed distribution entering equations estimated example expected feasible FIGURE final flow formulation given gives hour identify illustrate increase indicates initial inventory iteration linear programming machine Maximize mean million Minimize month needed node objective function obtained operations optimal optimal solution original parameter path payoff perform plant player possible presented Prob probability problem procedure profit programming problem queueing respectively resulting shown shows side simplex method solution solve step strategy Table tableau tion transportation unit waiting weeks
Bibliographic information
| Title | Introduction to Operations Research, Volume 1 Introduction to Operations Research, Frederick S. Hillier McGraw-Hill series in industrial engineering and management science |
| Authors | Frederick S. Hillier, Gerald J. Lieberman |
| Edition | 7, illustrated |
| Publisher | McGraw-Hill, 2001 |
| Original from | the University of Michigan |
| Digitized | 8 Aug 2011 |
| ISBN | 0072416181, 9780072416183 |
| Length | 1214 pages |
| Export Citation | BiBTeX EndNote RefMan |