dc.contributor.author | Mote, V. L. | |
dc.contributor.author | Shah, B. G. | |
dc.date.accessioned | 2010-05-28T10:48:29Z | |
dc.date.available | 2010-05-28T10:48:29Z | |
dc.date.copyright | 1972-05-27 | |
dc.date.issued | 1972-05-27T10:48:29Z | |
dc.identifier.citation | Economic and Political Weekly, Vol. 7,No. 22, 27 May, 1972 | en |
dc.identifier.uri | http://hdl.handle.net/11718/3473 | |
dc.description.abstract | The variables that need to be incorporated into management decision-making have increased manifold.
At the same time, the magnitude of inputs that have to be committed to projects has increased
considerably making sub-optimal decisions very expensive. Hence the need to use advanced methods to
aid decision-making,
While there exist concepts and tools that allow a formal incorporation of these complex factors into
decision-making, there has been a dearth of requisite data and a lack of capabilities to process the
data quickly.
Computers have now made possible the application of formal quantitative methods as aids to better
decision-making,,
In this article are discussed some aspects of applying some of these quantitative concepts and tools
to certain types of complex business problems. Specifically, the application of linear programming to product-mix
planning in a textile mill and to scheduling problems in a transport undertaking are discussed. | |
dc.language.iso | en | en |
dc.title | Computers as aids to management decisions: application to linear programming | en |
dc.type | Article | en |