I


[Page 790 ( continued )]
identity matrix

a matrix containing ones along the diagonal and zeros elsewhere



implementation

the use of model results



implicit enumeration

a method for solving integer programming problems in which obviously infeasible solutions are eliminated and the remaining solutions are systematically evaluated to see which one is best



independent demand

final product demanded by an external customer



independent events

events for which the probability of occurrence of one event does not affect the probability of occurrence of the other events




[Page 791]
inequality

a mathematical relationship containing a or sign



infeasible problem

a linear programming problem with no feasible solution area and thus no solution



instantaneous receipt

the assumption that once inventory level reaches zero, an order is received after the passage of an infinitely small amount of time



integer programming

a form of linear programming that generates only integer solution values for the model variables



inventory

a stock of items kept on hand by an organization to use to meet customer demand



inventory analysis

the analysis of the problems of inventory planning and control, with the objective of minimizing inventory- related costs






Introduction to Management Science
Introduction to Management Science (10th Edition)
ISBN: 0136064361
EAN: 2147483647
Year: 2006
Pages: 358

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