In this paper we provide a summary of the capital asset pricing model (CAPM) and point out how it might possibly be used as a tool for strategic planning by corporations that own a portfolio of businesses. We also point out some of the assumptions underlying the CAPM which must be satisfied if...

Why are over 2,000 corporations either using, developing, or planning to develop some form of corporate simulation model? What types of companies are using corporate planning models? How are they being used? Which resources are required? These are among the questions which were raised in a...

This paper describes the use of multiple ranking procedures to analyze data generated from computer simulation experiments with models of management systems. After outlining the rationale for the use of multiple ranking procedures with computer simulation experiments and defining some basic...

Reply to Erratum To "The Capital Asset Pricing Model: An Evaluation of Its Potential as a Strategic Planning Tool" By Thomas H. Naylor and Francis Tapon, Management Sci. 29 (5) 633.

This role-playing game for family planning administrators is a technique for the learning of effective planning and rational allocation of economic resources of population control programs. Through the use of electronic data processing, the game provides valuable experience in the sort of...

The problem of validating computer simulation models of industrial systems has received only limited attention in the management science literature. The purpose of this paper is to consider the problem of validating computer models in the light of contemporary thought in the fields of philosophy...

The purpose of this note is to suggest some improvements in current statistical analysis of computer-simulated data. To be concrete, we will take a recent paper by Roser T. Nelson [Nelson, Rosser T. 1967. Labor and machine limited production systems. Management Sci. 13(9, May) 648-671.] which...

In this paper we utilize traditional microeconomic theory and elementary queuing theory to develop a computer simulation model of a single-product, multi-process firm. One of our objectives is to demonstrate that the body of economic theory known as the "theory of the firm" may be used to...