An extensive literature survey investigated methods and approaches
for evaluating intangible economic factors at the strategic
and tactical levels of managerial decision making. These sources
provided: 1) the background for a theoretical decision making
algorithm developed for comparing alternative economic proposals
for effectiveness at the strategy levels, and 2) a...
Every inventory system requires answers to two basic questions:
when to order and how much to order.
In this paper we have described and compared four alternate
methods for obtaining the answers for these two questions. Four different
types of demand distribution during the lead time are considered:
normal, exponential,...
Economic Scheduling Path (ESP) is an extension to the Critical
Path Method. It was developed by Professors Riggs and Inoue of
Oregon State University to effectively optimize resource utilization
in repeated projects.
This paper summarizes the Economic Scheduling Path terminology,
ladder network representations, algorithms, and progress
charts as originally presented...
This dissertation treats information theory and its applications
to the general area of decision making. Specifically, three areas are
covered; (1) information theory applied to Bayesian analysis,
(2) estimation using multi-factor information channel models, and
(3) information theory applied to Markov chain analysis.
A major portion of this dissertation concerns...
Branch-and-Bound algorithms are developed to optimally
schedule static single- and multi-stage job-shop productions. The 'corollary' of the study is to experimentally verify the effectiveness of
branch-and-bound algorithms to overcome the "curse of dimensionality" due to the combinatorial nature of job-shop scheduling problems.
The static scheduling problem contemplated in this dissertation...
Uncertainty of the magnitude of merge bias in PERT networks
has long been of concern to the users of this technique. A simple
rule to determine the magnitude has since posed a problem. The
purpose of this thesis was to develop empirical rules to correct the
time estimates of cumulative...
The purpose of this study is to develop
a workable plant layout
evaluation technique incorporating adequate
definitive measures of
intangible plant layout considerations.
A summary and critique is
given of existing evaluation methods. A
quantitative evaluation index
(QEI) is proposed to remedy the described
deficiencies.
The proposed index can be...
Some of the problems concerning the present educational programs
which confront the institutions of higher education are, reviewed.
Resources allocation is at the root of the issue.
Budgeting orientations are presented with special emphasis on
Planning Programming Budgeting Systems. PPBS is still in its
developmental stage in the field of...
The problem of deciding exactly how to allocate a limited amount
of capital resources among competing investment alternatives in order
to provide the greatest economic benefit to the business enterprise has
been a subject of interest for nearly a century. Many decision models
and methods for evaluation and comparison of...
The purpose of this study is twofold; first, to describe and
analyze the most significant problems encountered by managers of
manufacturing plants in developing countries. American managerial
techniques are taken as basis of comparison. Second, to suggest
approaches and points of view which can be useful to managers and
students...