1. What are the three parts of a wait-line system?
2. What is the objective function of LP?
3. What are two of the steps in a simplex maximization problem?
4. What will happen if the right-hand side of a constraint is changed?
5. What are three of the basic steps that both PERT and CPM follow?
6. What is a "dummy activity?"
7. What is the formula for linear regression? Define each part.
8. What are the four qualitative forecasting approaches that are available to us?
9. Describe the "revenue junction."
10.What are the three parts of a typical queuing system?
11.When designing a waiting line system, what "qualitative" concerns need to be considered?
12. What is the expected value with perfect information?