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Integer Models
Mathematical models that express relationships or problems using integers, often used in optimization to find the best solution within constraints.
Projected Revenue
Estimated future income generated from business activities or sales over a specific period.
Price/Demand Elasticity
A measure of how much the quantity demanded of a good responds to a change in price, indicating the sensitivity of demand to price changes.
Nonlinear Optimization Models
Mathematical models where the objective function or any of the constraints are nonlinear functions, making the solution process more complex than linear models.
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