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The querulous and exaggerated tones which seem to attend so many contemporary activities have now been permitted an entrance to the pages of Management Science where they are amply represented in the article published by A. S. C. Ehrenberg ("Models of Fact: Examples from Marketing," Management...
Persistent link: https://www.econbiz.de/10009191226
In this paper a dynamic, adaptive model, called DEMON,<sup>4</sup> is interpreted in terms of a network. The latter is here employed to reduce the problem of selecting optimal decision procedures so that these can be interpreted in terms of a conditional sequential designation of links from such a network....
Persistent link: https://www.econbiz.de/10009197033
Persistent link: https://www.econbiz.de/10001992306
Most of the articles that follow are the papers that formed the Distinguished Lecturer Series--i.e., the invited, thematic series--at the XIX International Meetings of The Institute of Management Sciences in Houston, Texas, on April 4-8,1972. There are two exceptions: (1) "The ORSA New Orleans...
Persistent link: https://www.econbiz.de/10009204258
A new approach is supplied for locating efficiency frontiers and evaluating the efficiency of Decision Making Units (DMU's). This is accomplished from observational data by means of an envelopment procedure called DEA (Data Envelopment Analysis) originally developed by Charnes, Cooper and Rhodes...
Persistent link: https://www.econbiz.de/10009204380
Goal programming has now become an important tool in areas such as public management science. There is therefore a need for examining ways of securing improved computational efficiency, as is done in this paper, instead of resting only on the linear programming equivalences that were set forth...
Persistent link: https://www.econbiz.de/10009213970
The objective of this paper is to provide a model to deal with multi-dimensional social goals on a regionalized (as well as national) basis and to relate these to each other in the context of a national economic system. Input-Output (Interindustry) Analysis is therefore regionalized and...
Persistent link: https://www.econbiz.de/10009214085
Issues addressed include use of multi-dimensional vs. single scalar approaches to measuring quality of life. The former seems preferable to the latter. This is illustrated by reference to examples from the national accounts systems approach, using objective data only, as proposed by Nestor...
Persistent link: https://www.econbiz.de/10009214189
A model for measuring the efficiency of Decision Making Units (=DMU's) is presented, along with related methods of implementation and interpretation. The term DMU is intended to emphasize an orientation toward managed entities in the public and/or not-for-profit sectors. The proposed approach is...
Persistent link: https://www.econbiz.de/10009214348
Once again we show that the analysis of a very simple artificial example contrived by its authors for a general indictment of all chance constrained programming is itself in error. Proofs and further references are supplied below along with a discussion of other deficiencies and ambiguities in...
Persistent link: https://www.econbiz.de/10009214474