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Journal of Applied Sciences

Year: 2002 | Volume: 2 | Issue: 3 | Page No.: 339-340
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Research Article

A Mathematical Expectation Modeling of Service Level

SM Seeletse
Department of Statistics, University of South Africa, Pretoria, South Africa, 0003

ABSTRACT

The statistical concept of mathematical expectation is utilized in this article to make investment decisions. Different options are evaluated through analysis of profit/loss predictions, and the results are used for planning purposes.
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REFERENCES

  1. Kaydos, W., 1991. Measuring, Managing and Maximizing Performance. Productivity Press, Cambridge.
  2. Seeletse, S.M., 2001. Management sciences consulting: A framework for tendering. Ph.D. Thesis, Potchefstroom University for Christian Higher Education, Vaal Triangle Campus, Vanderbijlpark, South Africa.
  3. Valentine, R.F., 1970. Value Analysis for Better Systems and Procedures. Prentice Hall Inc., New Jersey.

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