1
Q
application of math in solving business problem
A
quantitative analysis
2
Q
optimization model to find the best solution in business operation
A
linear programming
3
Q
we calculate the expected monetary value of each outcome based on decision?
A
Decision Tree Analysis
4
Q
How to get EVPI?
A
= EMV Uncertainty ➖EMV Certainty
5
Q
Similar to Gantt Chart use to control large scale complex problem
A
PERT - CPM
6
Q
- Longest Path or Minimum time to complete the project
- Activities can be done at the same time?
- Activities cannot proceed until previous steps are done?
- Speeding up process?
- lenght of time an activity can be delay?
A
- Critical Path
- Parallel
- Immediate Predecessor/Series
- Crashing
- Slack Time ( Normal Path less Critical Path)
7
Q
Process is improved over time due to learning and efficiences and % decrease every doubling of unit
Formula?
A
- Learning Curve
y = axb
8
Q
Use to predict future behavior
Types?
A
Forecasting
- Trend ( pasukan)
- Seasonal (weather)
- Cyclical ( christmas)
- Irregular ( random)
MAS
flashcards
Decks in class (14)
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