Models and Managers: The Concept of a Decision Calculus
Massachusetts Institute of Technology
Abstract
(This article originally appeared in Management Science, April 1970, Volume 16, Number 8, pp. B-466–B-485, published by The Institute of Management Sciences.) A manager tries to put together the various resources under his control into an activity that achieves his objectives. A model of his operation can assist him but probably will not unless it meets certain requirements. A model that is to be used by a manager should be simple, robust, easy to control, adaptive, as complete as possible, and easy to communicate with. By simple is meant easy to understand; by robust, hard to get absurd answers from; by easy to control, that the user knows what input data would be required to produce desired output answers;…
Citation impact
- FWCI
- 29.76
- Percentile
- 100%
- References
- 20
Authors
1Topics & keywords
- Computer science
- Simple (philosophy)
- Completeness (order theory)
- Set (abstract data type)
- Control (management)
- Product (mathematics)
- Operations research
- Advice (programming)
- Peace, Justice and strong institutions