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2. Price elasticity of demand - Wikipedia

   en.wikipedia.org/wiki/Price_elasticity_of_demand

   This method for computing the price elasticity is also known as the "midpoints formula", because the average price and average quantity are the coordinates of the midpoint of the straight line between the two given points. [15] [18] This formula is an application of the midpoint method. However, because this formula implicitly assumes the ...

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4. Littlewood's rule - Wikipedia

   en.wikipedia.org/wiki/Littlewood's_rule

   Littlewood proposed the first static single-resource quantity-based RM model. [1] It was a solution method for the seat inventory problem for a single-leg flight with two fare classes.

5. Sales and operations planning - Wikipedia

   en.wikipedia.org/wiki/Sales_and_operations_planning

   APICS defines S&OP as the "function of setting the overall level of manufacturing output (production plan) and other activities to best satisfy the current planned levels of sales (sales plan and/or forecasts), while meeting general business objectives of profitability, productivity, competitive customer lead times, etc., as expressed in the ...

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