ISSN:0011-7315    

DOI:10.1111/j.1540-5915.1974.tb00635.x

出版商:Blackwell Publishing Ltd    

年代:1974

数据来源: WILEY

摘要:

ABSTRACTThe use of search and heuristic methods as a means of solving nonlinear aggregate planning models has been given considerable attention in recent years. A few of these methods have shown promising results. In this paper a sectioning search procedure is explored as an alternative means of solving nonlinear aggregate planning models. Application is made to two test cases, and the results are compared with those of other solution methods.

ISSN:0011-7315    

DOI:10.1111/j.1540-5915.1974.tb00636.x

出版商:Blackwell Publishing Ltd    

年代:1974

数据来源: WILEY

摘要:

ABSTRACTThis paper refers to the brand‐preference parameters of a previously accepted empirical model, and axiomatically generates several basic propositions and their proofs, which define the retail store's most profitable short‐run blend of product bra

ISSN:0011-7315    

DOI:10.1111/j.1540-5915.1974.tb00637.x

出版商:Blackwell Publishing Ltd    

年代:1974

数据来源: WILEY

摘要:

ABSTRACTThe problem of selecting a portfolio from a set of independent risky business ventures is formulated in terms of maximization of the risk‐adjusted (certainty‐equivalent) profit of the portfolio, based upon the exponential utility function. Objects of investment include fractional participation (risk sharing) in projects with other firms, where costs and returns are shared in the same proportion. The method assumes that project costs are certain. Project revenues are uncertain, and any probability function for revenue can be u

ISSN:0011-7315    

DOI:10.1111/j.1540-5915.1974.tb00638.x

出版商:Blackwell Publishing Ltd    

年代:1974

数据来源: WILEY

摘要:

ABSTRACTA general procedure is given for evaluating various alternatives (e.g., investments, projects, systems, etc.) involving two criteria of evaluation. The method involves the detailed questioning of decision makers as to preferences between various combinations of pre‐selected sets of alternatives under various conditions. From the responses to such questions, a mathematical function which can be applied repeatedly for implementing choices between other alternatives is established. An example of the application of the procedure is given, along with discussion of certain ramifications of the example. In addition to the specific application, potential extensions of the technique are discussed briefl

ISSN:0011-7315    

DOI:10.1111/j.1540-5915.1974.tb00639.x

出版商:Blackwell Publishing Ltd    

年代:1974

数据来源: WILEY

摘要:

ABSTRACTIn this paper, the author suggests a methodology for facilitating interactive decision making in a decentralized organization by providing information which may result in the transfer of divisional resources. The resource‐transfer information is generated at the beginning of the planning period so that the organization's production control and evaluation systems may be formalize

ISSN:0011-7315    

DOI:10.1111/j.1540-5915.1974.tb00640.x

出版商:Blackwell Publishing Ltd    

年代:1974

数据来源: WILEY

摘要:

ABSTRACTThis paper describes the theoretical background, methodology, and results of a small water‐pollution study conducted in a suburban Canadian community. In the study, preferences of heads of households were determined for different levels of environmental water quality and cost to the household of achieving this quality. Inferences are drawn from the preference data about the underlying individual utility functions. Implications of the study methodology and results for social decision making are discusse

ISSN:0011-7315    

DOI:10.1111/j.1540-5915.1974.tb00641.x

出版商:Blackwell Publishing Ltd    

年代:1974

数据来源: WILEY

摘要:

ABSTRACTThe distinction between ill‐structured and well‐structured decision problems is extended in this paper to include the degree of familiarity that a decision maker has with the initial state of the problem, its desired state, and appropriate transformations for resolving the problem. It is shown that problem ill‐structuredness may result from inadequate information regarding any of these components and that thenatureof problem ill‐structuredness has important implications for problem formulation and solution. A decision tree is presented which represents strategies for either reformulating primary problems of each class of ill‐structuredness to a more readily solved form, or solving the problem as initially f

ISSN:0011-7315    

DOI:10.1111/j.1540-5915.1974.tb00642.x

出版商:Blackwell Publishing Ltd    

年代:1974

数据来源: WILEY

摘要:

ABSTRACTVery little work has been done in developing a systematic and exhaustive set of criteria which can be used for assessing model validity from a managerial standpoint. Most of the other published work in this area focuses on an individual criterion, such as sensitivity analysis. This manuscript offers a set of criteria making that assessment. The following three basic kinds of validity are proposed: (1) technical validity; (2) operational validity; and (3) dynamic validity. Each has a number of subcriteria which are identified and discussed. Some of these criteria are quantifiable, and some are not. Each of the criterion identified is discussed in relatively broad terms, with brief examples.One of the purposes of this paper is to draw attention to an area worthy of further investigation. Perhaps further scrutiny will generate a truly systematic and exhaustive set of criteria. It is also hoped that further attention will lead to clarification of the criteria identified.

ISSN:0011-7315    

DOI:10.1111/j.1540-5915.1974.tb00643.x

出版商:Blackwell Publishing Ltd    

年代:1974

数据来源: WILEY

摘要:

ABSTRACTIn Part I, several problems confronting learning and teaching in Decision Sciences are examined and possible solutions presented. Students dislike and fear mathematics, treat it as a foreign language (a dead one at that), and are subjected to archaic teaching methods. Teachers suffer from poor training, incongruent goals, and inadequate models. As the popularity of the Decision Sciences dwindles, teaching becomes even more critical in our profession.In Part II, three designs for teaching operations research or statistics with organizational behavior are presented. These have all been implemented during the last three years. These designs attempt to take advantage of principles learned in organizational behavior to enhance the learning situation in the quantitative courses in decision sciences.

ISSN:0011-7315    

DOI:10.1111/j.1540-5915.1974.tb00644.x

出版商:Blackwell Publishing Ltd    

年代:1974

数据来源: WILEY