OPERATIONS RESEARCH/MANAGEMENT SCIENCE MATHEMATICAL MODELS MATCHING:ONE answer each (5)

1. Queueing Theory

2. Delivery Problem

3. Just In Time Systems

4. Linear Programming

5. Requisition Objective

and Reorder Point

135. Mathematical analysis to optimize the quantity of, for example, a stores cash registers/payment lines.

136. Simple, but useful, inventory management algorithms.

137. Optimizes the use of limited resources, such as raw materials, when manufacturing multiple products.

138. Modern purchasing and inventory systems which keep the amount of time that the items spend in inventory to a minimum.

139. Optimizes delivery routes.