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This paper summarizes work performed in evaluating shortage costs associated with stockouts for each of a manufacturer's seven thousand catalogued line items. A modified version of a decision tree model proposed by Yu Chang is employed in a determination of estimated unit shortage costs for a...
Persistent link: https://www.econbiz.de/10009189492
A number of manpower planning models are developed and optimized. The models are dynamic feed forward models and treat people as the only flow variable. The flow originates by considering a particular population of eligible persons and then traces them through the educational and economic...
Persistent link: https://www.econbiz.de/10009189681
This paper presents a structural and a mathematical framework for the analysis and/or synthesis of a large class of production systems. Service and/or goods producing enterprises are considered to be production systems. The structural framework consists of a generalized schematic involving...
Persistent link: https://www.econbiz.de/10009196883
This article presents a mathematical model describing the most general case in equipment investment policy. A systematic study of all other cases in the order of decreasing complexity follows. The general model reduces to their present worth all disbursements and receipts involved in the...
Persistent link: https://www.econbiz.de/10009197040
It is generally recognized that reinforcement, over an extended period of time of a given subject matter taught, enhances the student's mastery and subsequent retention of knowledge and/or skills. Recent major studies of curricula have concentrated on the content and method of presentation but...
Persistent link: https://www.econbiz.de/10009197119