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Natasha Landsberg
on Oct 23, 2024

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A real estate developer wants to control costs and complete building a new apartment complex on time. The developer will use the ___ quantitative approach.

A) network models
B) inventory analysis
C) queuing theory
D) linear programming
E) mathematical forecasting

Network Models

Analytical mathematical structures that are designed to represent complex relationships and interactions in a variety of contexts, such as social networks, distribution systems, or communication networks.

Quantitative Approach

A method based on measurable data to analyze phenomena and make decisions, typically using statistical or mathematical techniques.

Inventory Analysis

The examination of inventory to ensure optimal stock levels, considering factors like sales velocity, turnover rates, and seasonality.

  • Detect the utilization and dividends of quantitative management schemes in tackling business difficulties.
  • Elucidate the significance of network models in managing projects.
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Takya CrossOct 23, 2024
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