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  2. Quantity take-off - Wikipedia

    en.wikipedia.org/wiki/Quantity_take-off

    With BIM quantity take-off can be conducted almost automatically given that the type of materials, their quantity and price is included in the model. [2] It is known that construction projects often run overtime and over budget and one of the reasons is lack of accuracy in quantity takeoff and estimates. [3] [2]

  3. Newsvendor model - Wikipedia

    en.wikipedia.org/wiki/Newsvendor_model

    In (), the first order loss function [(,)] captures the expected shortage quantity; its complement, [(,)], denotes the expected product quantity in stock at the end of the period. [ 10 ] On the basis of this cost function the determination of the optimal inventory level is a minimization problem.

  4. Minimum cut - Wikipedia

    en.wikipedia.org/wiki/Minimum_cut

    A generalization of the minimum cut problem without terminals is the minimum k-cut, in which the goal is to partition the graph into at least k connected components by removing as few edges as possible. For a fixed value of k, this problem can be solved in polynomial time, though the algorithm is not practical for large k. [2]

  5. Pigeonhole principle - Wikipedia

    en.wikipedia.org/wiki/Pigeonhole_principle

    Pigeon-hole messageboxes at Stanford University. Dirichlet published his works in both French and German, using either the German Schubfach or the French tiroir.The strict original meaning of these terms corresponds to the English drawer, that is, an open-topped box that can be slid in and out of the cabinet that contains it.

  6. Duality (optimization) - Wikipedia

    en.wikipedia.org/wiki/Duality_(optimization)

    In mathematical optimization theory, duality or the duality principle is the principle that optimization problems may be viewed from either of two perspectives, the primal problem or the dual problem. If the primal is a minimization problem then the dual is a maximization problem (and vice versa).

  7. Noether's theorem - Wikipedia

    en.wikipedia.org/wiki/Noether's_theorem

    To give the flavor of the general theorem, a version of Noether's theorem for continuous fields in four-dimensional space–time is now given. Since field theory problems are more common in modern physics than mechanics problems, this field theory version is the most commonly used (or most often implemented) version of Noether's theorem.

  8. Law of demand - Wikipedia

    en.wikipedia.org/wiki/Law_of_demand

    Therefore, quantity demanded represents the exact quantity of a good or service demanded by a consumer at a particular price, conditional on the other determinants. A change in quantity demanded can be indicated by a movement along the existing demand curve that is caused only by a change in price.

  9. Minimum-variance unbiased estimator - Wikipedia

    en.wikipedia.org/wiki/Minimum-variance_unbiased...

    For a normal distribution with unknown mean and variance, the sample mean and (unbiased) sample variance are the MVUEs for the population mean and population variance. However, the sample standard deviation is not unbiased for the population standard deviation – see unbiased estimation of standard deviation.