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Logistics: What If the Very Foundation is Built on Sand?
One authoritative definition of Logistics uses the concepts of "efficient,
cost effective flow and storage of raw materials, in-process inventory, finished
goods and and related information," ..." and "...point of origin to point of
consumption..."
It's a solid definition. And that's a huge span, of course. Now imagine, just
for a moment, that measurements derived from the concept of standard cost
accounting suddenly and magically proved to be utterly invalid for operational
decision making. So that "cost per piece" is meaningless. So is "product
margin." And what about the concept of "efficient?" Interestingly enough ... it
wouldn't be imagination. Scary, eh! Of course, there has to be proof before an
alternative can be proposed ... but it isn't even difficult to prove!
Just FYI ...
Your Search Results for: Logistic Regression With Multiple Predictor Variables
... call for logistic regression ... predictor variable is binary or has multiple categorical levels, and when there are multiple independent variables in the problem; logistic regression ...
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... 3.3 Logistic Regression. Logistic regression is used to model the ... As in multiple regression, we are interested in finding an appropriate combination of predictor variables to help ...
...consider the important case with multiple predictor variables. How should we define the.....analysis - nonparametric analysis - logistic regression analysis - probit.....case with ...