Quantitativemethods (models)

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Barron's Accounting Dictionary:

Quantitativemethods (models)

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Collection of mathematical and statistical methods used in the solution of managerial and decision- making problems, also called operations research (OR) and management science. There are numerous tools available under these headings such as linear programming (lp) , economic order quantity (eoq) , LEARNING CURVE THEORY, PERT, and regression analysis.

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