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Please explain derived demand.
Management Strategies
Actions and plans developed by leaders to achieve specific organizational goals.
Linear Programming
A mathematical method used to determine a way to achieve the best outcome (such as maximum profit or lowest cost) in a given mathematical model for some list of requirements represented as linear relationships.
Network Models
Mathematical representations or methods used to examine the interactions or relationships between parts within a network, often applied in operations research and telecommunications.
Simulation
The use of models to study the behavior and performance of real-world processes, systems, or events in a controlled environment.
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