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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Results 1-3 of 63
Page 734
Although no completely satisfactory measure of performance is available for
evaluating mixed strategies , a very useful one is the expected payoff . By
applying the probability theory definition of expected value , this quantity is n
Expected ...
Although no completely satisfactory measure of performance is available for
evaluating mixed strategies , a very useful one is the expected payoff . By
applying the probability theory definition of expected value , this quantity is n
Expected ...
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
CA B C D E F G 1 Expected Payoff with Perfect Information for Goferbroke 2 3
State of Nature 4 . Alternative Oil Dry Drill 700 -100 Sell 90 90 7 8 9 10 Prior
Probability 0.25 0.75 11 Maximum Payoff 700 90 12 Expected Payoff with Perfect
...
CA B C D E F G 1 Expected Payoff with Perfect Information for Goferbroke 2 3
State of Nature 4 . Alternative Oil Dry Drill 700 -100 Sell 90 90 7 8 9 10 Prior
Probability 0.25 0.75 11 Maximum Payoff 700 90 12 Expected Payoff with Perfect
...
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Common terms and phrases
activity additional algorithm allowable amount apply assignment basic solution basic variable BF solution bound boundary called changes coefficients column complete Consider constraints Construct corresponding cost CPF solution decision variables demand described determine distribution dual problem entering equal equations estimates example feasible feasible region FIGURE final flow formulation functional constraints given gives goal identify illustrate increase indicates initial iteration linear programming Maximize million Minimize month needed node nonbasic variables objective function obtained operations optimal optimal solution original parameters path Plant possible presented primal problem Prob procedure profit programming problem provides range remaining resource respective resulting shown shows side simplex method simplex tableau slack solve step supply Table tableau tion unit weeks Wyndor Glass zero
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 |