[Page 790 ( continued )] - factorial
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for a value of n , n! = n ( n 1) ( n 2) . . . (2)(1) -
- feasible solution
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a solution that does not violate any of the restrictions or constraints in a model -
- feedback
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decision results that are fed back into a management information system to be used as data -
- finite calling population
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the source of customers for a queuing system is limited to a finite number -
- finite queue
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a queue with a limited (maximum) size -
- fixed costs
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costs that are independent of the volume of units produced -
- forecast
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a prediction of what will occur in the future -
- forecast error
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the difference between actual and forecasted demand -
- forecast reliability
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a measure of how closely a forecast reflects reality -
- forecast time frame
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how far in the future a forecast projects -
- forward pass
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a method for determining earliest activity times in a CPM/PERT network -
- frequency distribution
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the organization of events into classes, which shows the frequency with which the events occur -
- functional relationship
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an equation that relates a dependent variable to one or more independent variables -
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