Application_of_Quantitative_Models

Application_of_Quantitative_Models - formula – convert to...

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Application of Quantitative Models for Managerial Decision Making 1. Identify the managerial situation (scenario) - read text carefully 2. Choose the best available model and formula – check formula sheet 3. Identify parameters required for the
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Unformatted text preview: formula – convert to appropriate time units!!! 4. Calculate and interpret the solution for the different scenarios 5. Compare different scenarios-calculate costs and benefits 6. Choose the best available scenario...
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This note was uploaded on 09/10/2010 for the course ISDS 3115 taught by Professor Woosley during the Fall '08 term at LSU.

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