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What is deterministic model?Deterministic Model is a statistical

tool used in sales forecasting in whichmarketing variables, such as price levels,advertising expenditures and salespromotion expenses, are used to predict

market share or sales.

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DefinitionyDescribing a variable or a system's

output that can be predicted with

certainty.y In a deterministic system a change in one

variable will have a predictable effect on

another variable.

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Introduction

Deterministic models is one of the gooddecisions making problems that brings aboutgood outcomes.

You get that what you expect; therefore, theoutcome is deterministic (i.e., risk-free).

This depends largely on how influential theuncontrollable factors are in determining theoutcome of a decision.

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Those who manage and control systems

of men and equipment face the continuing

problem of improving (e.g., optimizing)

system performance. The problems are

reducing the cost of operation

level of service

profit of current operations

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The result is a clear-cut resource for

understanding three cornerstones of

deterministic operations research:

y

modeling real-world problems as linearoptimization problem;

ydesigning the necessary algorithms to

solve these problems;

yusing mathematical theory to justify

algorithmic development.

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Advantage& Disadvantage

Advantage

yThe advantage of the deterministic model

approach is that it helps to avoid selectingperformance or injury variables arbitrarily

and to provide the necessary theoretical

basis for examining the relativeimportance of various factors that

influence the outcome of a movement

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Disadvantage

ySeveral disadvantages of deterministic

models, such as the use of subjective

measures for the performance outcome.

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Operation research

Operations research (als referre t asdecision science, rmanagement science)

is a i ter isci li ar at e atical sci ce

t at f c ses t e effecti e se f tec l r a izati s. In c ntrast,

any t er science engineering

isci lines f cus n technologygi ingsecondaryconsiderations to its use.

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Deterministic Operations Research

yIt focuses on the design of solution

methods for both continuous and discretelinear optimization problems.

yIt is an excellent book for operations

research of linear optimization courses atthe upper-undergraduate and graduate

levels.

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yIt also serves as an insightful reference for

individuals working in the fields of

mathematics, engineering, computer

science, and operations research who use

and design algorithms to solve problem in

their everyday work.

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Conclusion

Thus the Deterministic models is one

of the most important decisionmaking problems in which we get

what we expect, therefore, the

outcome is deterministic (i.e., risk-free).

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