MANAGEMENT SCIENCE REVIEWER (FINALS)
NONLINEAR PROGRAMMING
NONLINEAR PROFIT ANALYSIS
Z = vp - cf – vcv
Where:
v = sales volume
p = price
cf = fixed cost
cf = variable cost
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MANAGEMENT SCIENCE REVIEWER (FINALS)
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MANAGEMENT SCIENCE REVIEWER (FINALS)
CONSTRAINED OPTIMIZATION
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MANAGEMENT SCIENCE REVIEWER (FINALS)
PROBABILITY AND STATISTICS
Mutually exclusive events:
P(A or B) = P(A) + P(B)
Probability that non-mutually exclusive:
P(A or B) = P(A) + P(B) - P(AB)
Statistical Independence and Dependence
Independent events:
Standard Deviation
Sample Mean and Variance
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FORECASTING
Moving Average
Weighted Moving Average
Exponential Smoothing
Adjusted Exponential Smoothing
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MANAGEMENT SCIENCE REVIEWER (FINALS)
Linear Trend Line
Seasonal Adjustments
Mean Absolute Deviation
Mean Absolute Percent Deviation
Cumulative Error
Average Error
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