By Kenneth H. Rosen
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Additional resources for Student's Solutions Guide for use with Discrete Mathematics and Its Applications
Example text
Chapter 4 examines location models, which are typically used to assist in making strategic decisions regarding the number and location of service facilities. The chapter includes a discussion of districting problems that also arise in services. Inventory theory is closely related to queueing theory and serves as the topic of Chapter 5. While services themselves can rarely be carried in inventory, most service providers require an inventory of some goods or equipment to aid in the service delivery process.
At the same time, the hotel does not want to rent a room several months in advance at a low family rate when they could hold the room in "inventory" and rent it to a businessperson willing to pay a far higher rate. Finally, the newsvendor problem in inventory theory has much to teach us about services as well. In its classical statement, the newsvendor problem is that of a small convenience store determining how many of the daily newspaper to order. If it orders too many, it loses money on unsold copies.
Com to determine in a matter of hours which of several different home page web designs generates the most viewing time and the most clicks by randomly showing the different designs to different customers over the course of thé testing period. com can amass in a short period of time. For samples that include data on individual characteristics, regression can be used to assess the impact of a treatment as a function of the individual characteristics. , obesity) that the patient may currently have or may have had in the past.