Examlex
Decision variables in network flow problems are represented by
Average Profit
The total profit divided by the number of entities, indicating the average amount of profit per entity.
Spider Chart
A spider chart, also known as a radar chart, is a graphical method of displaying multivariate data in the form of a two-dimensional chart of three or more quantitative variables represented on axes starting from the same point.
Rate of Change
Rate of Change is a measure used in mathematics and economics to represent the speed at which a variable changes over a specific period of time.
Poisson Distribution
A probability distribution that expresses the probability of a given number of events happening in a fixed interval of time or space, assuming events occur with a known constant rate and independently of the time since the last event.
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