Facility location, 320

• analysis, 323–325

• supply-chain reliability, 337

Family Planning Research Center (Nigeria), 423–424

Favorable market (FM), 66, 68, 78, 79, 83

FB Badpoore Aerospace, 498–499

F distribution, 35, 119–122

• degrees of freedom and, 44–46

Feasible region, 244, 245, 257, 268

• corner points of, 248

Feasible solution, 244, 257, 263, 358

Federal Aviation Administration (FAA) simulation, 476

Feigenbaum, A. V., 530

Fifth Avenue Industries, 293–295

Financial applications, 300–305

Financial investment 0–1 (binary) variables, 367–368

Finite population model, 443–445

• equations for, 444

Finnair, 509

First come, first served, 430

First-in, first-out (FIFO) rule, 14, 430, 434

Five stpng of decision tree analysis, 77

Fixed-charge problem example, 366–367

Fixed costs, 6, 11, 18

• feasible corner points and profits for, 249

• Flair Furniture Company entering problem data, 252

• graphical solution approach, 241

• linear programming (LP) problems, 239–241

• LP problem solving using Excel QM, 255–257

• LP problem solving using Excel’s Solver Command, 252–255

• QM for Windows, 251–252

Fix-It Shop example of LP for assignment problem, 325–327

Flair Furniture Company

• example of LP models, 240

• linear programming example, 251–257

Flight safety and probability analysis, 30

Flowchart, 472

Flow diagram, 472

Focus group, 82

Food and beverages, 19–20

Food Mart, 503–504

Ford, 63

• decision theory, 69

Forecasting, 3, 147

• bias, 153

• causal models, 148

• centered moving averages, 166–167

• combinations of weights, 155

• decomposition method, 167–170

• Disney World, 175

• errors, 151

• Excel and Excel QM, 158–160

• exponential smoothing, 148, 160–162

• inventory, 186

• mean absolute deviation (MAD), 151–153, 154

• mean absolute percent error (MAPE), 153

• mean squared error (MSE), 152

• measures of accuracy, 151–153, 154

• models, 147–149, 160–164

• monitoring and controlling, 172–174

• monthly sales, 183

• moving averages, 154

• naïve model, 151

• at NBC Universal, 172

• purpose of, 147

• qualitative models, 147–148

• scatter diagrams, 150

• time series, 149–150, 160, 163–167

• time-series models, 149

• tracking signals, 172–174

• with trend, seasonal, and random variations, 167–172

• types of, 147–149

Forecasts, 7

Fortune 100 firm inventory policy for service vehicles, 200, 210

Forward pass, 394

Forward stepwise procedure, 131

4-month moving average, 154

FREQUENCY function, 470

Frosty machine transshipment data, 328

F test, 119, 131, 134

Fundamental matrix, 510–513

Future market shares, 505

Future state from current state, 502